The participants of the First Caspian economic forum, held on August 11-12 in Turkmenbashi, recommended "to encourage investment and stimulate innovation in the energy, industrial, transport, trade and other sectors of the economy of the Caspian States." The recommendation is contained in the statement of the presidency issued at the end of this major regional forum.
A consortium consisting of European companies Edison Technologies GmbH, MMEC Mannesmann GmbH, Air Liquide Global E&C Solutions together with the Chinese SINOPEC Engineering Group intends to build the TRANS-Caspian gas pipeline. The readiness to implement this project was announced at a meeting of representatives of the consortium with Vice Chairman of the Cabinet Of Ministers of Turkmenistan Myratgeldi Meredov and Advisor to the President of Turkmenistan on oil and gas issues Yagshigeldy Kakaev.
President of Turkmenistan Gurbanguly Berdimuhamedov held a working meeting on digital video with participation of the Chairman of the Mejlis, the mayors of the regions and the capital. The agenda included tasks related to the implementation of the strategy of socio-economic development of the country, seasonal agricultural work, preparation for the upcoming holidays and significant events, as well as other issues of public life.