Turkmenistan and China increase mutual trade turnover and cargo transportation to Europe

Published in Economics
Wednesday, 14 September 2022 15:41

Trade turnover between China and Turkmenistan for the first seven months of this year increased by 53.4%. This figure was cited in a China Daily article citing data from China's General Administration of Customs in a September 12 publication titled "China strengthens ties with Central Asian countries."

Cooperation within the framework of the One Belt, One Road project between China and Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan by the countries of Central Asia has yielded first results. The countries of the region have received new investments, technologies and markets, as well as improved the level of their infrastructure, especially transport and logistics, writes the publication, which refers to experts.

According to analysts, the One Belt, One Road project has contributed to the growth of exports of the Central Asian countries, balanced the growth of their industry and opened up opportunities for their industrial modernization and the development of a green and digital economy.

The Silk Road Economic Belt was first proposed by Chinese President Xi Jinping during a visit to Kazakhstan in 2013, and the five countries of Central Asia were among the first countries to take part in this initiative.

This year marks the 30th anniversary of the establishment of diplomatic relations between China and the five countries, with trade between the two sides rising from $460 million in 1992 to $50 billion last year.

During the PRC-CA virtual summit in January marking the 30th anniversary of diplomatic relations, Xi Jinping outlined a vision for trade between China and the five countries to reach $70 billion by 2030, saying that Beijing was ready to import more high-quality goods from the five countries and step up cooperation in the field of energy and high technologies.

Central Asia is a key gateway on the western China-Europe freight train route. As of July, this transport corridor, which was launched in 2011, has carried over 57,000 train trips and shipped 5.3 million TEUs (twenty-foot equivalent) of goods worth nearly $300 billion. The launch of China-Europe freight trains has reduced the time for transporting goods between Kazakhstan and Europe by five times, according to a report by the Chinese Academy of Social Sciences.

During the January summit, Xi Jinping said China would provide $500 million in aid to Central Asian countries to support development programs and offer 5,000 seats in seminars and workshops to help the region train specialists in areas such as health, agricultural development and Information Technology.

The publication notes that China's booming economic ties with Central Asia have spawned hundreds of freight forwarding companies in Xinjiang.

The delegation of Turkmenistan discussed the creation of a joint transport and logistics company in the UAE

Published in Economics
Wednesday, 14 September 2022 15:36

The delegation of Turkmenistan headed by Deputy Foreign Minister Berdyniyaz Myatiyev held a number of talks in Abu Dhabi. Among the issues discussed is the creation of a joint transport and logistics company with the UAE and the implementation of new investment projects.

The Turkmen delegation included representatives and management of the Agency for Transport and Communications under the Cabinet of Ministers of Turkmenistan, the agency "Turkmendenizderyaellary", the airline "Turkmenistan", the Transport and Logistics Center of Turkmenistan (TULM) and the State Bank for Foreign Economic Activity of Turkmenistan.

During the meetings with UAE Minister of Energy and Infrastructure Suhail Al Mazroui and Abu Dhabi Ports Group CEO Mohammed Juma Al-Shamisi on the first day of the visit, issues of strengthening cooperation in the transport and logistics sector were discussed.

Among the promising areas for further cooperation, the introduction of the UAE's best practices in port management and their digitalization was named. A proposal was made to create a joint venture in which Abu Dhabi Ports Group and the private sector of Turkmenistan will be involved.

The parties also discussed the deepening of cooperation in the field of food security. The issues of increasing the export of Turkmen products to the UAE, strategic investment, as well as a joint project in the field of desalination of sea waters were considered.
During the visit, the Turkmen delegation also got acquainted with the work of one of the Abu Dhabi ports, which is part of the Abu Dhabi Ports group. This seaport is a free economic zone. Almost all procedures on it are performed in an automated mode with minimal human involvement.

About 75% of the shares of Abu Dhabi Ports Group are owned by the UAE government, and the rest by private companies, including foreign ones. Most of the investments were directed to the digitalization of the group's ports.

Today Abu Dhabi Ports Group is actively engaged in the modernization of sea harbors in Jordan and Iraq. Various projects are being implemented with Uzbekistan, Kazakhstan, Kyrgyzstan and Iran. At the same time, Turkmenistan remains the central link in the logistics chains that pass through the countries with which the group of ports cooperates, and therefore its leadership is aimed at intensifying cooperation with the Turkmen side.

TURKMEN-ARMENIAN POLITICAL CONSULTATIONS WERE HELD AT THE MFA OF TURKMENISTAN

Published in World
Wednesday, 14 September 2022 15:34

On September 13, 2022, political consultations were held in Ashgabat between the Ministries of Foreign Affairs of Turkmenistan and the Republic of Armenia. The Turkmen delegation was headed by Deputy Foreign Minister V. Hajiyev, and the Armenian delegation - by Deputy Foreign Minister M. Safaryan.

After exchanging greetings, the parties noted the friendly character inherent in the Turkmen-Armenian relations. During the meeting, the parties discussed in detail the key aspects of bilateral cooperation in the political, trade-economic and cultural-humanitarian spheres.

The high level of cooperation within the framework of international and regional organizations, primarily the UN, was stated. The consistent support of the Armenian side for the foreign policy initiatives of Turkmenistan put forward on international platforms was noted.

The parties noted with satisfaction that this year marks the 30th anniversary of the establishment of diplomatic relations between Turkmenistan and the Republic of Armenia, and in this regard, it was proposed to hold a number of events dedicated to this date.

Diplomats also noted the positive dynamics in the development of trade and economic relations. In this context, the readiness of Turkmenistan to discuss the prospects for cooperation in all areas, including the fuel and energy sector, was noted.

At the end of the talks, the parties discussed issues of expanding cultural and humanitarian cooperation and stated that there are great opportunities for the further development of relations in various areas.

 

A REGULAR MEETING OF THE JOINT WORKING GROUP ON THE DELIMITATION OF THE BOTTOM OF THE CASPIAN SEA BETWEEN TURKMENISTAN AND THE REPUBLIC OF AZERBAIJAN WAS HELD

Published in Economics
Wednesday, 14 September 2022 15:33

On September 12-13, 2022, a regular meeting of the Joint Working Group on the delimitation of the bottom of the Caspian Sea between Turkmenistan and the Republic of Azerbaijan was held in Baku of the Republic of Azerbaijan.

The delegation of Turkmenistan was headed by the Director of the Institute of the Caspian Sea, Special Representative of Turkmenistan for the Caspian Sea M.Atajanov, the Azerbaijani delegation - Deputy Minister of Foreign Affairs, Special Representative of the President of the Republic of Azerbaijan for Borders and the Caspian Sea Kh.Khalafov.

The meeting was attended by representatives of relevant ministries and departments of Turkmenistan and the Republic of Azerbaijan.

During the meeting, the provisions of the draft Agreement between Turkmenistan and the Republic of Azerbaijan on the delimitation of the bottom of the Caspian Sea between Turkmenistan and the Republic of Azerbaijan were discussed.

The parties agreed to continue the negotiation process on the delimitation of the bottom of the Caspian Sea.

THE NINTH MEETING OF THE INTERGOVERNMENTAL TURKMEN-ARMENIAN COMMISSION FOR ECONOMIC COOPERATION WAS HELD IN ASHGABAT

Published in Politics
Wednesday, 14 September 2022 15:31

On September 13, 2022, the building of the Chamber of Commerce and Industry of Turkmenistan hosted the ninth meeting of the Intergovernmental Turkmen-Armenian Commission for Economic Cooperation, co-chaired from the Turkmen side - by the Deputy Chairman of the Cabinet of Ministers Sh. Abdrakhmanov, from the Armenian side – by Minister of Territorial Administration and Infrastructures of the Republic of Armenia Gnel Sanosyan .

The agenda of the meeting, which was also attended by heads and representatives of a number of ministries, departments and business entities of the two countries, included a wide range of issues related to the implementation of existing agreements between the two countries.

The progress of the implementation of the agreements reached following the eighth meeting of the Commission, held in Yerevan in March 2017, was discussed.

The parties noted that the export of products from the oil and gas, agricultural, food and textile industries of Turkmenistan to the Republic of Armenia will contribute to the development and strengthening of trade relations between the two countries. The sides also agreed to help increase the volume of trade between the two countries and expand the range of exported goods by establishing contacts with the participation of the business circles of the parties and organizing meetings.

The sides also expressed interest in strengthening contacts in the field of industry, transport, construction, architecture, agriculture, as well as in the fuel and energy sector.

The parties also spoke in favor of deepening contacts in the fields of science, culture, sports, tourism, education, healthcare and developing cooperation in the field of the media, which are an effective mechanism for diversifying mutually beneficial partnerships.

The members of the Commission emphasized the need for regular bilateral meetings, consultations and negotiations aimed at further strengthening the constructive dialogue in the interests of the two countries.

As a result of the work of the Intergovernmental Turkmen-Armenian Commission for Economic Cooperation, a relevant protocol was signed.

THE MINISTER OF FOREIGN AFFAIRS OF TURKMENISTAN MET WITH THE MINISTER OF FOREIGN AFFAIRS OF THE STATE OF KUWAIT

Published in Politics
Friday, 09 September 2022 15:04

On September 7, 2022, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with the Minister of Foreign Affairs, State Minister for the Cabinet of Ministers of the State of Kuwait Ahmed Nasser Al Mohammed as-Sabah.

The parties discussed important areas of cooperation. Noting mutual interest in the further development of the established fruitful dialogue, the parties discussed issues of bilateral cooperation in the fields of economy and investment.

During the conversation, the parties discussed the political issues of the region, exchanged views on important state issues.

THE MINISTER OF FOREIGN AFFAIRS OF TURKMENISTAN HAD A MEETING WITH THE MINISTER OF FOREIGN AFFAIRS OF KAZAKHSTAN

Published in World
Friday, 09 September 2022 15:03

On September 7, 2022, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov had a meeting with the Minister of Foreign Affairs of the Republic of Kazakhstan Mukhtar Tileuberdi.

During the meeting, the parties noted the important role of the high-level and highest level visits in the development of the interstate relations. The diplomats highlighted the need to expand the legal base of the bilateral cooperation.

WORKING VISIT OF THE GOVERNMENTAL DELEGATION OF TURKMENISTAN TO THE REPUBLIC OF UZBEKISTAN

Published in Economics
Friday, 09 September 2022 15:01

On September 7-8 this year, a working visit of the delegation of Turkmenistan led by the Deputy Chairman of the Cabinet of Ministers of Turkmenistan Batyr Atdaev to Tashkent took place.

Within the framework of the visit a meeting in a narrow format was held between the Deputy Chairman of the Cabinet of Ministers of Turkmenistan Batyr Atdaev and the Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjayev, who are co-chairs of the Joint Turkmen-Uzbek Commission on Trade-Economic, Scientific-Technical and Cultural Cooperation.

An expanded meeting was also held with the participation of the heads of ministries and state agenсies of the two countries.

During the meetings the progressive development of bilateral relations, which gained new momentum after the state visit of the President of Turkmenistan to Uzbekistan in July this year was noted.

Furthermore the prospects for the implementation of the Program of trade and economic cooperation and development of industrial cooperation for 2022-2025 between Turkmenistan and Uzbekistan were discussed.

The parties also considered the possibility of holding the next 17th meeting of the Joint Turkmen-Uzbek Commission on Trade-Economic, Scientific-Technical and Cultural Cooperation until the end of 2022.

The increase in joint projects in the agricultural, construction, textile and pharmaceutical industries has become a meaningful part of the discussion of further strengthening investment cooperation between the two countries. In addition, interest was expressed in the joint production of cars, agricultural machinery and household appliances in Turkmenistan.

 

Common ground was also found in expanding transport and logistics links, including stimulating the transit of goods across the territory of the two states, as well as organizing pilot transportation along international transport corridors using the capabilities of seaports.

THE MINISTER OF FOREIGN AFFAIRS OF TURKMENISTAN MET WITH THE MINISTER OF FOREIGN AFFAIRS OF THE STATE OF QATAR

Published in World
Friday, 09 September 2022 14:50

On September 7, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with the Minister of Foreign Affairs of the State of Qatar Mohammed bin Abdel Rahman Al-Thani.

Diplomats noted the relevance of organizing high-level visits for further promotion of interstate relations.

The parties also noted the special importance of continuing the positive experience of cooperation within the framework of international organizations, primarily with the United Nations.

Taking into account the current regional and global situation, the mutual actions of the two countries on a wide range of issues in the political-diplomatic and trade-economic spheres were also considered. In this regard, the relevance of holding the next meeting of the Turkmen-Qatari intergovernmental commission on trade and economic cooperation was emphasized.

TURKMENISTAN DISCUSSED WITH PARTNERS FROM THE UNITED ARAB EMIRATES ISSUES OF EXPANDING COOPERATION IN THE FIELD OF RENEWABLE ENERGY

Published in Economics
Thursday, 08 September 2022 13:40

On September 7, 2022, the Deputy Minister of Foreign Affairs of Turkmenistan B. Myatiev met at the MFA of Turkmenistan with the autorities of the Masdar company of the United Arab Emirates.

During the meeting, issues of further strengthening cooperation between Turkmenistan and the UAE in the energy sector were discussed. In particular, the prospects for cooperation between Turkmenistan and the UAE were discussed in order to expand cooperation in the field of rational use of renewable energy sources and ensure energy security.

A desire was expressed to intensify cooperation between Turkmenistan and the International Renewable Energy Agency - IRENA, headquartered in Masdar, UAE. Turkmenistan expressed its readiness, within the framework of partnership with IRENA, to hold international scientific conferences and other events, as well as to become a place for the development and testing of alternative energy technologies that can be used in the countries of Central Asia. 

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