Home
\
Politics
\
Turkmenistan – Korea: Expansion of cooperation
Politics
Turkmenistan – Korea: Expansion of cooperation
Published 23.11.2020
1782

Diversification of beneficial cooperation in wide range of directions was the main subject of discussion at the 8th session of Intergovernmental Turkmen – Korean Commission for trade, economic, scientific and technological cooperation held in video conference format. During the session, the sides have discussed the implementation of reached agreements as well as further activities for intensification of cooperation in political and diplomatic, trade and economic, cultural and humanitarian spheres. The review reports, which were presented by the members of the Commission – the representatives of various ministries and departments of our country, have reflected the meaning of wide-scale programs of social and economic development initiated by Leader of the Nation Gurbanguly Berdimuhamedov, achievements and success of modern Turkmenistan, which is actively integrated into the world economy. Representatives of the Republic of Korea have highlighted an exclusive attractiveness of Turkmen market owing to the support of foreign investments and open door policy pursued by President Gurbanguly Berdimuhamedov. Big project with participation of Korean companies like construction of Sulphur removal from natural gas at Galkynysh deposit, modernization of Turkmenbashy Refinery Complex, construction of petrochemical complex for polyethylene and polypropylene production in Kiyanly, Balkan Region are examples of beneficial cooperation in opening of high-technology production facilities based on processing of local raw materials. The members of the Commission from Koran side have highlighted the willingness to continue productive partnership and to participate actively in important national and regional projects implemented by our country. In particular, cooperation in transport sphere seems to be promising taking into account the initiatives of Turkmen leader Gurbanguly Berdimuhamedov for formation of multimodal transit and transport corridors in the North – South and East –West directions as well as modernization of the infrastructure of this sphere. By the way, considerable part of the public transport fleet of our country includes buses and vehicles of Korean make, which supplies would be continued in future. Mutual interest in continuation of cooperation in some other directions including in construction sphere, textile industry, communication, culture, science, education, sports, health protection, water management and other fields has been expressed. The sides have discussed in details the organizational issues of the 4th session of Turkmen – Korean Business Council, which was established by the initiative of President of Turkmenistan Gurbanguly Berdimuhamedov, in Seoul in 2021. The proposals to establish the relations between commodity and raw material exchanges of two countries, to hold exhibitions, conferences, business meetings and forums have been presented. The participants of online meeting have expressed the confidence that all reached agreements would give new impulse to intensification of multidimensional Turkmen – Korean dialog in the interest of both states and their fraternal nations. Relative Protocol has been signed by the outcomes of the session.

Last news
29.04
Turkmen-Chinese Business Forum Held in the Capital
28.04
The Turkmen-Chinese business forum and exhibition held in the capital
28.04
The Ambassador Extraordinary and Plenipotentiary of the Arab Republic of Egypt has been accredited to Turkmenistan
27.04
President of Turkmenistan held an online working meeting
27.04
The total amount of transactions at the SCRMET auctions amounted to over 20 million 32 thousand USA dollars
25.04
President of Turkmenistan took part in festivities on the occasion of the national holiday of the Turkmen horse
25.04
The President of Turkmenistan signed the Order
24.04
The meeting of the Cabinet of Ministers of Turkmenistan
24.04
Decree of the President of Turkmenistan on Bayramov B.A.
24.04
Decree of the President of Turkmenistan on Chungayev B.S.
top-arrow