Turkmenistan starts preparations to host First Caspian Economic Forum

ASHGABAT (TCA) — A special organizing committee has been established in Turkmenistan for the organization of the First Caspian Economic Forum in August 2019, turkmenistan.gov.tm reported.

The initiative of Turkmen President Gurbanguly Berdymukhammedov on holding the first Caspian economic summit in Turkmenistan was reflected in the final communique of the 5th summit of the heads of Caspian Sea states held earlier this year.

Key organizational issues were reviewed and a number of proposals including on the organization of the Forum and other events under its framework in Avaza National Tourist Zone on the Turkmen Caspian coast on August 12, 2019, the date when the Day of Caspian Sea is traditionally observed, were prepared at the first meeting of the organizing committee.

It was also proposed to establish the Coordination Centre at the Turkmen Foreign Ministry for the preparation to the first Caspian Economic Forum. In this context, the Draft Concept of the Forum was presented to the Turkmen President for review.

In this regard, President Berdymukhammedov highlighted that development of fruitful cooperation with Caspian littoral states — which also include Azerbaijan, Iran, Kazakhstan, and Russia — is among priority vectors of Turkmenistan’s foreign policy.

Strategic significance of the Caspian Sea in regional and international geopolitical and geo-economic processes, its role as an important transit, transport and logistics hub provide for the necessity of further consolidation of efforts of the Caspian states, the President said.

Sergey Kwan

TCA