Turkmenistan looking to Belarus as a transit partner Investment
Turkmenistan looking to Belarus as a transit partner
Turkmenistan views Belarus as a promising partner in a large-scale transit project, Turkmenistan President Gurbanguly Berdymukhammedov told reporters after his talks with Belarus President Alexander Lukashenko in Minsk on May 11, BelTA information agency reported.
The talks focused on prospects of bilateral cooperation in the transport sphere.
Berdymukhammedov said that Turkmenistan and its partners are developing a transit and logistics infrastructure network, which will comprise transit continental corridors to the regions of the Caspian Sea, the Black Sea, and the Baltic Sea.
“We view Belarus, which has modern infrastructure and a favorable geographic location, as a promising partner for the fulfillment of these plans,” the Turkmen President said.
Belarus and Turkmenistan are ready to expand economic cooperation. “There are big reserves for diversification of our cooperation, establishment of joint ventures, search for new forms of cooperation in the manufacturing, services and processing sectors,” Berdymukhammedov said.
The sides agreed that bilateral business ties will be supported at the state level.
The Turkmen leader stressed that Turkmenistan views Belarus as a long-standing and reliable partner. The construction of the Garlyk mining and processing factory for the production of potash fertilizers in Turkmenistan is a good example of bilateral cooperation.
During the talks the sides agreed to bolster partnership in manufacturing, agriculture, textile production, construction, and other areas. According to Berdymukhammedov, the two countries will do their best to increase and diversify bilateral trade. The fuel and energy sector is another important field of cooperation. “Turkmenistan is ready to ramp up the delivery of fuel and energy products to Belarus, implement other joint projects,” the Turkmen President said.