Cabinet meeting of Turkmenistan

On November 10 the President of Turkmenistan Gurbanguly Berdimuhamedov held the regular meeting of the Cabinet council at which issues of the state economic and social policy were discussed, projects of a number of documents were considered.

At the meeting it was reported about results of preparatory work on implementation in Turkmenistan of the Program for sustainable development which had been taken over by member countries of the United Nations.

Proposals on objects and constructions to be privatized and also on the entities provided the privatization were submitted for consideration of the head of the state.

Information on the undertaken measures in the context of an anti-corruption program implementation was heard. In particular, it was reported that based on the studied experience of the foreign states it was offered to develop drafts of legal acts on carrying out amnesty of the equities and property.

The vice-chairman of the Cabinet council M. Babayev reported on the 22nd International conference "Oil and Gas of Turkmenistan 2017" held in Ashgabat in parallel with which the industry exhibition took place, and also about results of a working visit of delegation of Turkmenistan to the Kingdom of Saudi Arabia which took place on November 7-10.

During the specialized oil and gas exhibition advanced technologies and innovative developments, the latest effective equipment used in production, transportation of hydrocarbonic raw materials and production of finished goods were provided.

According to the agenda of the conference, at the meeting key provisions of policy of the President of Turkmenistan Gurbanguly Berdimuhamedov on entering of the Turkmen natural gas to the world markets by diversification of routes were considered, exchange of opinions on the directions of development of the international, regional and domestic oil and gas infrastructure, development of the energy strategy of the future took place.

As the vice-chairman reported further, at the regular meeting of the Intergovernmental Turkmen-Saudi commission on a trade and economic cooperation with participation of heads of the sphere of the industry and power and also the large companies of Saudi Arabia which took place in Riyadh, issues of trade and economic and investment interaction, including through energy industry were discussed, specific agreements in a number of the directions were reached.

Last negotiations and meetings created opportunities for adoption of important decisions on attraction of the Saudi investments into the international and national projects in the oil and gas sphere, search and mining, development of communications, etc. In particular, at negotiations the aspiration to mutually beneficial cooperation on the projects realized in Turkmenistan in gas-chemical and industrial industries was expressed.

By official representatives of the government of Saudi Arabia it was stated that Turkmenistan was of investment interest to the largest companies of the Kingdom working in fuel and energy, transport and communication, mining and other spheres. In particular, it was told about support of the construction project of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) initiated by the President Gurbanguly Berdimuhamedov which is laid along one of the most important routes of the Great Silk way which in the ancient time connected trade and economic and cultural ties of the country Far East, the Middle East to Western Europe.

The President Gurbanguly Berdimuhamedov with satisfaction spoke following the results of the meeting of the Turkmen-Saudi commission on a trade and economic cooperation, having noted that it was already the fifth meeting since 2013, in such format which approved itself as the effective development mechanism of the bilateral relations. At the same time, the parties realized that, "despite the high level of mutually advantageous partnership, our countries have huge, but still uninvolved economic potential", the head of the state told.

Having estimated constructive nature of the fifth meeting of the Turkmen-Saudi commission and the meetings held by members of the Turkmen delegation and negotiations with the Saudi colleagues, a result of what there were important decisions, the leader of the nation instructed a row on their practical embodiment.

Among other questions considered at the meeting was the course of seasonal agricultural campaigns, a construction of cotton spinning factory in the etrap Saparmurat Turkmenbashi of Dashoguz Region, a growth in volumes of the Turkmen electric power delivered to the Islamic Republic of Afghanistan, implementable measures for uninterrupted providing residents of the capital and regions of the country with clear drinking water, development of education and science.

The President of Turkmenistan approved the Resolution "About Carrying Out by the Ministries and Industry Departments in 2018 of Exhibitions, Fairs, Conferences and Festivals".

At the cabinet meeting some other important issues were also considered, relevant decisions on them were made. 

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