Priorities of the Turkmen-Malaysian cooperation are discussed in Ashgabat

Published in Economics
Tuesday, 29 October 2019 04:22

Upon completion of the meeting in one-on-one format, the President of Turkmenistan and Prime Minister of Malaysia continued the talks with the participation of the government delegations of the two countries.

Greeting the members of the official delegation of Malaysia, the Turkmen leader expressed belief that the meeting in Ashgabat would become an important step towards strengthening bilateral relations.

It was noted that Turkmenistan and Malaysia had built cooperation on a stable, mutually beneficial and long-term basis. In the foreign-policy sphere, the countries successfully collaborate at the bilateral level and in frames of international organizations.

Speaking about the one-on-one top level talks, the President of Turkmenistan underlined that the meeting confirmed the mutual willingness to bring the Turkmen-Malaysian partnership to the qualitatively new level.

Speaking about collaboration on the international arena, the Turkmen leader expressed gratitude to Malaysia for the support of the initiatives put forward by neutral Turkmenistan.

The agenda of the top level Turkmen-Malaysian talks includes a wide spectrum of issues, including cooperation in the fuel and energy sector, the spheres of transport and logistics, increase of the mutual trade turnover and investment projects, partnership in the spheres of education, science, culture and tourism.

The state news agency of Turkmenistan

Priorities of joint activity of the UIET and Singapore business community are outlined

Published in Economics
Thursday, 29 August 2019 09:45

Opportunities of activation of partnership between the Union of Industrialists and Entrepreneurs of our country and Singapore companies were discussed during business forum timed to the state visit of Turkmen leader to Singapore.

Turkmen side presented detailed information about the activity of the Union of Industrialists and Entrepreneurs, which was founded by the initiative of President Gurbanguly Berdimuhamedov in 2008. Today, this is strong business association of 23,000 representatives of private sector, which carry out their activity in many branches of economy.

The Union has Entrepreneurship School, Trade Chamber, Construction Facility Directorate as well as own Rysgal Bank. Important events and current information are reflected in the publication of profile newspaper and on the website of the Union. Branches of the UIET, school and bank are opened in all regions of the country. Political party of Industrialists and Entrepreneurs, which is represented in National Parliament, has been founded.

The UIET has its representative offices in Beijing, Dubai and Vienna. In addition, trade houses were opened in Kyrgyzstan, Georgia, Afghanistan and China.

Representatives of private sector take an important place in implementation of social and economic reforms in the country. Private agricultural producers were released from taxation. They received free land in long-term lease as well as beneficial loans. In the result, the share of non-governmental sector of economy in the structure of the GDP, without fuel and energy complex, was 64 percent in 2018.

For ten years, the members of the Union have invested around 5.5 billion US dollars, from which 2 billion to agricultural complex. Completion of these projects created more than 150,000 new working places.

Export volumes of local production are increased steadily; delivery to fruit, vegetable, fish and other food production has been significantly increased.

Activity of entrepreneurs in industrial sector also grows. Abadan Haly Complex for production of carpet and carpet production as well as Paper Factory in Yashlyk are good examples.

Production activity of the members of the Union include chemical industry, which develops based on mineral and raw material resources of the country. Big facilities for production of chemicals like iodine, synthetic washing liquids, disinfectants, table salt, paints, construction adhesives, insulation materials, aeroconcrete blocks and other goods, which are supplies to foreign countries, have been built.

Members of the Union carry out an active work for implementation of the projects of construction of plants for production of potassium fertilizers (potassium chloride and potassium sulphate), mixed fertilizers, technical carbon, ethyl alcohol, develop investment projects for production of caustic and calcined soda, chlorine, hydrochloric acid, sodium sulphate, cement and other chemical production from local natural and mineral resources.

Opening of facilities for production of liquefied gas, carbamide and ammonia, graphite electrodes seem to be perspective direction in chemical industry. Projects in heavy industry, metallurgy and gold production are also financially attractive.

Work for development of electronic and electro technical branches are carried out. The entrepreneurs have started the production of local electronic payment terminals and training computers, tablets and routers.

Recently, Turkmen IT Park, which is aimed at the development of digital infrastructure in the country as well as at taking of innovative products of Turkmenistan to international market, has started its activity. University of Business and Digital Technologies, which is planned to be opened by the Union next year, is to support this project. In this regard, specialists from Singapore were invited to make developments in the sphere of information technologies with future students of new Turkmen university.

Aspects of cooperation in such important direction such transport and logistics have also been discussed. Turkmen Logistic Association has been founded under the UIET aegis. Turkmen transport companies have modern equipment for transportation of oversized and heavy cargos, which allows serving industrial projects in the country and region.

Development of tourism sphere is a priority direction of the activity of the Union. Therefore, such directions of establishment of direct commercial and investment contacts as education, information technologies, chemistry, transport, logistic and tourism have been outlined at business forum.

In this regard, the importance of activation of business exchanges, participation in exhibition and fairs held in two countries, organization of trips of entrepreneurs for study of opportunities to participate in projects has been highlighted.

The state news agency of Turkmenistan

Priorities of trade and economic cooperation are outlined at Turkmen – Korean talks

Published in World
Thursday, 18 April 2019 13:16

Trade and economic cooperation as an important component of Turkmen – Korean relations was one of the main subjects of the talks of President Gurbanguly Berdimuhamedov with President Moon Jae-in in Oguzkhan Palace Complex.

Turkmenistan has rich natural resources, developing industrial and transport infrastructure and agrarian complex while the Republic of Korea has modern technologies and production, Turkmen leader said, having noted that our country considers for beneficial cooperation with Korean business circles on creation of new industrial facilities based on advanced and eco-friendly technologies.

Leading Korean companies participating in the implementation of the projects of construction and modernization of oil refining and petrochemical complexes were brought as an example of efficient joint activity. It includes gas processing plant at Galkynysh field and petrochemical complex for polymers production in Kiaynly settlement in Balkan Velayat.

In this context, President Gurbanguly Berdimuhamedov made proposal on detailed review of the implementation of joint energy projects in Turkmenistan in near future.

The most important of them were discussed recently in Seoul at the seventh session of Intergovernmental Turkmen – Korean Commission for trade, economic, scientific and technological cooperation. In this regard, it was proposed to have talks between Korean companies and relative structures of Turkmenistan on detailed discussion of the subjects related to organization of joint work in May – June this year.

Transport sphere was outlined as one of the main directions of bilateral cooperation. Big Korean transport, logistic and ship building companies as well as facilities producing modern high-class vehicles, locomotives and wagons would be able to take part in the development of transport and communication infrastructure f Turkmenistan as an important element of international cooperation in the sphere of sustainable transport.

For example, ship-building plant operates in the structure of Turkmenbashy International Seaport, which was put into operation in May last year. In case of the interest of profile Korean companies, Turkmen side is willing to establish close cooperation in this new field – the construction of sea ships for their use in Caspian Sea.

Partnership in supply of vehicles from the Republic of Korea with the opening of trade, service and maintenance bases of Korean vehicle building companies seems to be perspective in the partnership between our countries.

Turkmen side said about the willingness to detailed discussion of the main terms of cooperation in the sphere of railroad transport. Study of the capabilities of Korean companies in supply of relative equipment as well as their participation in modernization of railways in Turkmenistan is very current in this sphere.

Turkmenistan is also willing to develop joint projects in electronic industry having rich intellectual potential, wide financial and material resources for its development. Participation of Korean companies, which have high technologies, in creation of this industry in Turkmenistan can be another direction of the partnership. Advanced technologies of light industry of the Republic of Korea can be used in further development of Turkmen textile industry.

Systematic introduction of digital technologies in all spheres is strategically important for social and economic growth of our country, President Gurbanguly Berdimuhamedov said. In this regard, Turkmen side looks forward the exchange of practice with Korean colleagues in the sphere of digital economy and express the willingness to the establishment of direct contacts with relative government structures, institutes and companies of two states.

President Gurbanguly Berdimuhamedov proposed to establish joint Turkmen – Korean Business Council for strengthening of trade relations, coordination of existing and perspective joint economic projects and expansion of the spheres of the partnership. It composition may include Turkmen and Korean industrial facilities, trade companies, banks, financial and industrial institutes, centres of economic information. The Head of Turkmenistan has also expressed the confidence that regular and systematic communication of entrepreneurship structures under the above-mentioned Council would support significant promotion of bilateral trade and economic cooperation.


The state news agency of Turkmenistan 

EU supports discussion on rural development priorities in Georgia

Published in Economics
Wednesday, 06 June 2018 14:55

Last week, representatives of the Georgian government and Kazbegi Local Action Group (LAG) gathered in the town of Stepantsminda to discuss rural development priorities for the region and the way forward.

The main topics of the meeting referred to the state programmes and initiatives designed to promote rural development through the diversification of local economies, improvement of social and public services, increasing of employment and sustainable use of natural resources.

The event in Stepantsminda was the second in a series of public discussions in the regions. Organised by the country’s Environment Protection and Agriculture Ministry, the event was supported by the EU in partnership with the United Nations Development Programme and People in Need (PiN) mission in Georgia.

Kazbegi LAG was established with the support of the EU in the framework of the rural development project implemented by PiN Georgia within the second phase of the European Neighbourhood Programme for Agriculture and Rural Development (ENPARD). It is one of eight LAGs created with EU support in several municipalities in Georgia.

Mikheil Kavelashvli spoke about the activity and the priorities of the Committee

Published in Politics
Tuesday, 22 November 2016 12:51

The Chair, Mikheil Kavelashvli spoke about the activity and the priorities of the CommitteeHe hoped that regardless of different views of the majority and minority, the constructive cooperation will result in the decisions beneficial for the country. The Committee shall do its best to make sports the field number one, to increase the volume of the sphere and ensure active involvement of adults therein. Committee members stated that sport can bring benefits for the country in terms of economic enhancement.
The Committee supported the Regulation and elected Shota Khabareli as the First Deputy Chair, Irakli Abuseridze from majority and Zaza Kedelashvili from minority as the Deputy Chairs. The Committee is composed of 13 members:

Mikheil Kavelashvili – Chair of the Committee 
Shota Khabareli – First Deputy Chair
Irakli Abuseridze - Deputy Chair
Zaza Kedelashvili - Deputy Chair
Leri Khabelovi

Levan Kobiashvili
Bidzina Gegidze
Giorgi Mosidze
Giorgi Totladze
Genadi Margvelashvili
Mukhran Vakhtangadze
Giorgi Kopadze
Koba Nakopia

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