Turkmenistan and Japan discussed priority areas of cooperation

The foreign Ministry of Turkmenistan held political consultations with the Japanese delegation headed by the head of Department of Central Asia and the Caucasus the country's foreign Ministry Tomiyamo Mikito. This is reported by the website of the foreign Ministry of our country.

During the meeting, the parties discussed promising areas of cooperation, political, trade, economic and humanitarian cooperation between the two countries.

The participants of the talks noted the positive dynamics of the development of Turkmen-Japanese cooperation. The parties cited the experience of joint work in transport, energy and water diplomacy as an example of positive cooperation at the world level.

It should be noted that in January this year in Ashgabat at a meeting with the Japanese delegation headed by the Vice-President of the company “ITOCHU Corporation” and co-Chairman of the Japanese-Turkmen Committee on economic cooperation Mr. Yoichi Kobayashi discussed the possibility of bilateral partnership in the gas and chemical sectors, in the supply of equipment. The prospects of joint investments in the gas and chemical industries through cooperation with the Japanese Bank for international cooperation "JBIC" were also considered.

In October 2018 in the framework of his working visit to Japan of the governmental delegation of Turkmenistan discussed the possibilities of deepening the partnership in the petrochemical industry, power generation and transport. Then 8 documents were signed, providing for the implementation of new projects, including the construction of plants for the production of ammonia and urea, natural gas processing and gasoline production, plant for the production of phosphate fertilizers, as well as partnership with the Japanese Bank for international cooperation (JBIC), the supply of earthmoving equipment of Komatsu and Toyota cars to Turkmenistan.

A number of investment projects involving Japanese companies have already been implemented in Turkmenistan. Among them-the construction of plants for the production of ammonia and urea in Mary, large industrial complexes for the production of polyethylene at TCOR, urea fertilizers in Garabogaz, polyethylene and polypropylene in Kiyanly.

In January 2019, testing began at the plant for the production of gasoline from natural gas, which is being built in Ovadandepe in Akhal province (region) at a cost of 1.7 billion US dollars. The Japanese company "Kawasaki Heavy Industries Ltd." takes part in its construction.".

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2014