The high-level group on trade and investment support, operating under the auspices of the intergovernmental Turkmen-Russian Commission on economic cooperation, began its work in Ashgabat on 5 March 2018. According to the website of the Foreign Ministry of Turkmenistan, the delegation of the Russian side included the heads of state structures, major enterprises and companies, as well as members of the high-level group to support trade and investment.
The main goal of the two – day meeting, organized in accordance with the agreements reached at the governmental level, is to identify new vectors of productive cooperation between Turkmenistan and the Russian Federation, and expand bilateral contacts between business structures. Joint work undertaken under the high level Group to develop trade and investment, promote the conclusion to a practical level reached by the parties to the agreements and the development of new mechanisms of diversification of the partnership.
The productive cooperation of Turkmenistan with the regions of the Russian Federation - the Republic of Tatarstan, St. Petersburg, Astrakhan and Sverdlovsk regions and other entities is evidence of a fruitful partnership. In this regard, it is necessary to acknowledge the contributions of the leading companies of Russia - "Revival," "KAMAZ", "Zarubezhneft", the airline "Siberia" in the implementation of the national programme of Turkmenistan on development of the industrial sector, in construction and transport.
Currently, work is underway to implement the intergovernmental Turkmen-Russian Program of economic cooperation for 2017-2019, which includes 80 different activities and projects in the field of trade, industry, energy, engineering, construction, agriculture, transport, etc. Successful solution of the tasks outlined in this document is designed to expand the structure of export-import exchanges. The activities of the Russian export centre are also aimed at promoting joint foreign economic programmes.
During the event, bilateral meetings of representatives of government agencies, private companies of Turkmenistan and Russia confirmed their mutual desire to intensify business ties. Having declared readiness to take active part in implementation of large-scale national projects, businessmen from the friendly country made concrete offers on further expansion of mutually beneficial cooperation in various spheres.