Turkmen-U.S. Business Forum Held in Ashgabat

On December 5th, the tenth Turkmen-American business forum was held in Ashgabat, which was attended by the heads and representatives of relevant government and business structures of Turkmenistan and the United States, Turkmenistan’s Government website stated. According to the post, the forum demonstrated the focus of Turkmenistan and the United States on the further progressive development of mutually beneficial cooperation which meets common interests, the Turkmen Foreign Ministry said.

The US delegation, headed by Executive Director of the Turkmenistan-US Business Council, Eric Stewart, included executives and representatives of well-known companies, including Case New Holland Industrial, Climate Compass LLC, Honeywell, John Deere, Palo Alto Networks, Visa, and Westport Trading Europe Ltd.

The participants noted that the foreign policy course implemented by Turkmenistan under the leadership of President Serdar Berdimuhamedov, based on the principles of positive neutrality, increases the attractiveness of the Turkmen market for foreign investors. The priority areas of the Turkmen-US partnership include the energy sector, transport and communications, the agro-industrial sector, high technology, and the investment sector. At the same time, approaches to realizing the potential of trade and economic partnership were reviewed and identified, and plans for joint work in key areas were outlined.

Special emphasis was placed on intensifying business ties. One of the results of the forum was the signing of a Memorandum of Understanding between Case New Holland Industrial and Turkmen entrepreneurs.