In Ashgabat, negotiations between the President of Turkmenistan Serdar Berdimuhamedov and the President of the Republic of Korea Yun Seok-yol, who arrived in our country on a state visit, have ended.

At the end of the expanded negotiations, a ceremony of signing bilateral documents was held.

The following were signed in the presence of the heads of state:

– Cooperation Agreement between the State Concern «Türkmenhimiýa» (Turkmenistan) and «Hyundai Engineering Co., Ltd» (Republic of Korea) on the implementation of necessary measures and work for the successful commissioning and stable operation of the polymer plant in Kiyanly;

– Framework agreement on cooperation between the State Concern «Turkmengaz» (Turkmenistan) and «Hyundai Engineering Co., Ltd» (Republic of Korea) for the design with the condition of «fully-ready construction» of commercial gas preparation facilities with a production capacity of 10 billion cubic meters and wells, acquisition and construction project at stage IV of the «Galkynyş» gas field;

– Memorandum of Understanding between the Emergency Care Centre of the Ministry of Health and Medical Industry of Turkmenistan and the «Chilgok» Hospital at Kyungpook University of the Republic of Korea;

– Memorandum of Understanding between the Scientific and Clinical Centre of Oncology of the Ministry of Health and Medical Industry of Turkmenistan and the «Chilgok» Hospital at Kyungpook University of the Republic of Korea;

– Memorandum of Understanding between the Ashgabat City Administration and the Ministry of Land, Infrastructure and Transport of the Republic of Korea regarding cooperation in the field of energy infrastructure and development of new cities;

– Memorandum of Understanding between the Bank for Foreign Economic Affairs of Turkmenistan and the Export-Import Bank of Korea and the Korea Trade Insurance Corporation;

– Memorandum of Understanding between the Government of Turkmenistan and the Government of the Republic of Korea on assistance to the activities of the joint commission on cooperation;

– Memorandum of Understanding between the Government of Turkmenistan and the Government of the Republic of Korea on the establishment of a framework for stimulating trade and investment.

To the applause of those present, Presidents Serdar Berdimuhamedov and Yoon Seok-yeol signed the Joint Statement on the results of the state visit to Turkmenistan by the President of the Republic of Korea Yoon Seok-yeol.

Following the signing ceremony, the heads of the two states addressed the media.

Commenting on the results of the summit, the President of Turkmenistan expressed sincere gratitude to the President and the entire delegation of the Republic of Korea for the constructive negotiations, which took place in an atmosphere of openness, mutual understanding and trust.