Turkmenistan and Great Britain hold Trade and Industrial Council meeting

ASHGABAT (TCA) — The 6th session of the Turkmen–British Trade and Industrial Council was held in London. A delegation of Turkmenistan took part in the event, organized by the Governments of the two countries and aimed at expansion of bilateral cooperation and establishing business contacts with British companies willing to enter the Turkmen market, the State News Agency of Turkmenistan reported on January 23.

The forum was opened by Co-chairman of the Council, Ambassador Ronald Nash, who spoke about the dynamics of Turkmen-British cooperation, and highlighted the role of the Turkmen leader in the comprehensive intensification of Turkmen-British dialog.

British business circles were represented by top managers of such companies as Shell, BP, Rolls-Royce, De La Rue, Aggreko, as well as London Stock Exchange.

The representatives of Turkmenistan introduced the priorities of the country’s economic policy, its modernization and diversification plans.

It was mentioned that cooperation between Turkmenistan and Great Britain is steadily developing. Fuel and energy sector, trade, economic and banking spheres, transport and communications, agriculture and education were highlighted among the leading spheres of cooperation.

The sides highlighted the presence of big potential for considerable increase in trade between the two states. In this context, important role is given to the Turkmen–British Trade and Industrial Council, which serves as an efficient platform for discussion of ideas and development of efficient partnership mechanisms.

Today, 24 companies with the participation of British capital and 174 investment projects with the participation of British companies to the total amount of 1.5 billion US dollars are registered in Turkmenistan.

Sergey Kwan

TCA

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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