Issues of the cooperation in the field of energy industry have been discussed at the Turkmen-German business forum in Frankfurt am Main

In Germany in Frankfurt am Main the joint business forum under the name "Turkmenistan – Germany: potential of a perspective cooperation" continues its work. 

In the program of the another joint action with Germany – are series of formal meetings of representatives state and business spheres of two countries, visit of members of the Turkmen delegation of production sites to the "Neufeld" company specializing in the food industry, SAP SE software manufacturer, the large-scale chemical concern "BASF", etc. 

Negotiations and consultations are devoted to determination and coordination of new approaches to interaction, the most profitable directions of development of trade and economic relations, business contacts and scientific and technical partnership. 

Building-up of capital investments in national economy, attraction of new investments into large-scale projects in many respects depends on knowledge of the companies, representatives of a business community, analysts and experts in the field of world business. 

On July 11, the Turkmen-German business forum, an exhibition of the Turkmen products and the presentation of the V Asian Indoor and Martial Arts games took place. 

About 100 representatives of public industries and the organizations of Germany, heads of the German companies occupied in such spheres as computer technologies, the oil and gas and chemical industry, power, a construction and production of building materials, mechanical engineering, agricultural industry and the food industry, transport and logistics, communication industries, banking, insurance, health care and education take part in work of the forum. 

Responsible organizers of the event are the Chamber of Commerce and Industry of Turkmenistan, consulate of our country in Frankfurt am Main and also the SAP SE and GLAAS company. 

On the agenda new offers on planning of further trade and economic interaction are taken out. The parties concretize counter expectations from partnership and will discuss the business ideas on effective use of mutual potential. First of all, taking into account diversification of economy of Turkmenistan, widespread introduction of high technologies in production, industrial infrastructure. In this context the leader of the nation Gurbanguly Berdimuhamedov emphasizes the conviction in that, "that we are at such stage when are necessary courageous on scope, perspective joint projects which would become the engine of economic cooperation opened the new horizons of its development". 

At the forum a comprehensive assessment of economic capacity of our state is given, the processes happening in various industries are characterized, the most significant indicators and the prospects of their development are provided, the current status of a goods turnover between Turkmenistan and Germany is analysed and measures for further building-up of its amounts taking into account the interests of two countries are approved. 

Special attention is paid to an innovative component of economic reforms, the favorable investment climate in the country and to advantageous conditions for activities of the foreign companies that gives considerable opportunities to foreign businessmen. 

Also the cooperation in the energy sphere is very perspective. Huge prospects are offered for the German companies making the equipment for the oil and gas industry, such large projects as a construction of the gas pipeline of Turkmenistan-Afghanistan-Pakistan-India realized by our country, the entities on conversion of natural gas with release on its basis of polyethylene, polypropylene, synthetic gasoline and other products. All this is a big field for adjustment of a cooperation with world giants of the chemical industry. 

Turkmenistan is also ready to subject discussion of questions of future interaction in electrical power and electrotechnical industries, including on implementation of the international projects on a construction of power lines from Turkmenistan to Afghanistan and Pakistan. 

The medical industry and pharmaceutics, biotechnics, optics, tourism remain the priority directions of interaction. Well proved in our country the medical equipment and pharmaceutical medicines of the companies "Siemens", "Hospitalia international", "Fresenius Medical Care", "Dräger" and "as B. Braun". 

Turkmenistan is interested also in development of successful experience of creation and functioning of a financial system of Germany, its financial credit institutes, insurance companies, exchanges. Deutsche Bank and Commerzbank – long-term and reliable partners of our state which is ready to consider the offer and other German financial institutions. 

The economic strategy of Turkmenistan provides step-by-step increase in a share of the entities of a private property of the gross domestic product. Therefore the significant direction of a cooperation is establishment of direct and close ties through business communities of two states, investment attraction, implementation of methods of effective management, the advanced management decisions. 

In the humanitarian and cultural sphere the parties also accumulated vast experience of successful joint operation. Concerts of masters of the arts of Germany in Turkmenistan and other cultural events jointly organized by the Ministry of Culture of our country and Embassy of the Federal Republic of Germany in Turkmenistan became traditional. Productively and interaction of domestic and German scientists in the field of preserving hand-written heritage and archaeological researches. 

In this context the agreement on the organization of an exhibition of artifacts of Margiana reached last year – kingdoms of an era of bronze in the territory of Turkmenistan which is planned to carrying out in Germany in 2018 is submitted relevant. 

The German companies having extensive experience in the field of tourism can render big assistance in exchange of the best practices in the sphere of hotel economy, infrastructure of active leisure, arrangement of natural, archaeological and historical and cultural objects on the basis of use of the latest, "green" technologies.

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2014