Issues of intensifying economic cooperation between Turkmenistan and Saudi Arabia were discussed

18:53 17.11.2023 2438

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 On the instructions of President Serdar Berdimuhamedov, on November 16, a meeting was held on the digital system of the Vice-Chairman of the Cabinet of Ministers of Turkmenistan, in charge of the fuel and energy complex, Batyr Amanov, with the Minister of Investment of the Kingdom of Saudi Arabia, Khalid Al Falih, at which issues related to the further development of relations were discussed, TDH reports.

 At the meeting, areas of work aimed at the practical implementation of the agreements reached during the negotiations during the working visit of the President of Turkmenistan in July this year to Saudi Arabia to participate in the Summit of the Heads of State of the Cooperation Council for the Arab States of the Gulf and Central Asian Countries, as well as the signed  agreements.

 Khalid Al Falih said that he has been appointed head of the joint Intergovernmental Turkmen-Saudi Commission on Trade and Economic Cooperation on the Saudi side.

 Touching upon the activities of this commission, the Turkmen side emphasized that President Serdar Berdimuhamedov and the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov, along with partnership with the states of the region, attach special importance to the development of Turkmen-Saudi interaction, noting the need to intensify work related to the implementation of 7th meeting of the joint Intergovernmental Turkmen-Saudi Commission on Trade and Economic Cooperation.

 In this regard, the Saudi side noted that the organization of the International Economic Forum is planned for December this year in the Kingdom of Saudi Arabia, inviting the Turkmen side to take part in it as an honored guest and to hold the next, 7th meeting of the Intergovernmental Commission at the end of this forum.  As reported, it is planned to send a Saudi delegation to Turkmenistan in the near future to discuss these issues.

 In addition, at the meeting, in order to strengthen and expand cooperation between the Saudi Development Fund and Turkmenistan, issues related to the direction of investment funds were raised.

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