The Presidents of Turkmenistan and India discussed issues of diversifying economic partnership
15:44 16.10.2020 8848
The energy sector was named a priority vector of Turkmen-Indian cooperation during a telephone conversation between President of Turkmenistan Gurbanguly Berdimuhamedov and his Indian counterpart Ram Nath Kovind.
A vivid example of cooperation in this area is the implementation of a large-scale project for the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. As noted during the conversation, thanks to joint efforts, to date, a lot of work has been done in this direction, important documents have been signed, systematic steps are being taken to solve the tasks set.
The successful implementation of this significant project will give a powerful impetus to the economic development of the participating countries, the creation of new jobs, the construction of social and industrial infrastructure facilities, and will attract large external investments, the interlocutors noted. All of this will serve the common good, will contribute to raising the level and quality of life of people. In this regard, they expressed confidence that in the near future, joint activities on the implementation of the TAPI project will bring tangible results.
During the conversation, the interlocutors also stated that there is a solid potential for diversifying economic cooperation, including taking into account the course of industrialization taken by Turkmenistan.
For its part, Turkmenistan, Gurbanguly Berdimuhamedov noted, is ready to provide Indian companies with the necessary support in the implementation of investment projects and invites them to consider the possibility of creating joint high-tech industries in such areas as agriculture, chemical, pharmaceutical, light industry, production of building materials based on local raw materials.
It was also noted that both countries already have a positive experience of such a partnership. Speaking about this, the head of Turkmenistan noted the successful work of the joint Turkmen-Indian enterprise “Turkmenderman Ajanta Farma Limited”, proposing to consider the possibilities of expanding cooperation in the fields of medicine and pharmaceuticals.
During the conversation, Gurbanguly Berdimuhamedov and Ram Nath Kovind also touched upon the topic of the coronavirus pandemic. Noting that the global spread of COVID-19 poses a threat to all countries and requires a collective response based on solidarity and new approaches to multilateral cooperation, the Turkmen leader expressed confidence that mutual support and joint efforts would contribute to achieving success in the fight against coronavirus infection.
The interlocutors also noted that high-level visits and negotiations play a special role in the development of Turkmen-Indian relations, building up bilateral ties with a long-term perspective.
Emphasizing that Turkmenistan sees a sincere friend and reliable partner in India, Gurbanguly Berdimuhamedov invited his Indian counterpart Ram Nath Kovind to pay an official visit to Turkmenistan at a convenient time.
Ashirguly Begliev appointed Advisor to the President of Turkmenistan on oil and gas issues
Ashirguly Begliev has been appointed Advisor to the President of Turkmenistan on oil and gas issues.
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA
Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).
New Vice-Chairman for Fuel and Energy Complex of Turkmenistan appointed
Amanov Batyr Amangeldiyevich, who until that time had headed the State Concern “Turkmengas”, was appointed as the new Vice-Chairman for the fuel and energy complex of Turkmenistan.
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone
Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.
Labor successes of gas workers
Employees of the State Concern "Turkmengas" are making every effort to fulfill the tasks set by the head of state to increase the volume of natural gas production in the country. Of course, for domestic gas workers, this year, passing under the motto “The Fount of the Mind of Magtymguly Fragi,” like previous ones, will be marked by enormous labor successes.