Mishustin: the volume of the Turkmen-Russian trade turnover is about $1 billion, the potential is much higher

22:29 20.01.2023 1118

https://oilgas.gov.tm/storage/posts/6628/original-163ca3c2b9d102.jpeg

 The volume of the Turkmen-Russian trade turnover is about 1 billion US dollars, the potential is much higher.  This was stated by Prime Minister of the Russian Federation Mikhail Mishustin, speaking on Thursday at the Turkmen-Russian business forum, which is being held in Ashgabat on January 19-20, the Orient agency reports.

 “The volume of trade between our countries is now at the level of about a billion dollars.  Undoubtedly, the potential for economic cooperation is much higher,” Mikhail Mishustin said.

 Mishustin also noted that this is the first such large-scale business forum in the history of relations between Turkmenistan and the Russian Federation.  More than 300 representatives of business circles and organizations take part in the event from the Russian side.

 According to the prime minister, now is not only a time of great challenges, but also of new opportunities.  “Turkmenistan entrepreneurs with their high-quality and competitive products can occupy some of the niches that have been vacated due to the withdrawal of a number of foreign corporations from the Russian market,” Mishustin said.

 We can talk not only about increasing the flow of goods, but also about creating joint ventures, building modern industrial, energy, and transport facilities, the Prime Minister continued.

 The head of the Russian government also spoke about the prospects for cooperation in the regional integration format, in particular, about the study by Turkmenistan of the possibilities of cooperation in the Eurasian Economic Union.

 According to Mishustin, the involvement of Turkmenistan in the integration processes in the EAEU format will have a positive impact on the country's economy and will be useful for all the countries of the «five».

Other articles
1635294e367299.jpeg
Turkmenistan and Uzbekistan intend to expand trade, economic and energy cooperation – Declaration

Turkmenistan and Uzbekistan will make joint efforts to deepen investment cooperation, increase the volume and expansion of mutual trade, and develop energy partnership. This is stated in the «Declaration on deepening the strategic partnership between Turkmenistan and the Republic of Uzbekistan», signed by Presidents Serdar Berdimuhamedov and Shavkat Mirziyoyev following the talks on Friday in Ashgabat.


163527079749e4.jpeg
Negotiations between the Presidents of Turkmenistan and the Republic of Uzbekistan were held

Today, negotiations were held in Ashgabat between the President of Turkmenistan Serdar Berdimuhamedov and the President of the Republic of Uzbekistan Shavkat Mirziyoyev, TDH reports.


163523aae7e361.jpeg
Serdar Berdimuhamedov: the OGT-2022 forum opens up great opportunities for intensifying cooperation with foreign partners

During the government meeting held on Thursday, Vice-Chairman of the Cabinet of Ministers Sh.Abdrakhmanov reported on the preparations for the XXVII international conference and exhibition «Oil and gas of Turkmenistan – 2022», scheduled to be held in Ashgabat on October 26-28 this year.


1620115c6f2c9d.jpeg
Results of the work of fuel and energy enterprises in January were discussed

Reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan on Monday. There the results of the work of industry enterprises for January 2022, held under the motto «Epoch of people with Arkadag», were discussed.


16092309aee24e.jpeg
Turkmenistan ranks second in oil transit through Russia

According to the results of four months of 2021, Turkmenistan retained the second place among the oil-exporting countries that supply raw materials to foreign markets in transit through Russia, Interfax reports, citing the Central Dispatch Office of the Fuel and Energy Complex of the Russian Federation.