Turkey, Turkmenistan to approach trade links, economic cooperation

the trade minister East set visit and hold meetings to discuss trade and economic cooperation with Turkmenistan, a statement said on Tuesday.

Mehmet Mus va arrive in Ashgabat on Friday and will also be received by the President of Turkmenistan, Gurbanguly Berdymukhamedov, the Ministry of Commerce said.

Mus goes also hold talks with Serdar Berdimuhamedov, Vice President of the board of Ministers in load of economy and Finance, Cary Bayramowic Gylyjow, Vice President of the board of Ministers responsible for trade and transport and Communication Director General of Mammethan Chakyev Agency.

Visit comes as Turkey and Turkmenistan mark 30th anniversary of their diplomatic relations, and will discuss investments and cooperation in construction, in in addition to trade and economic relations.

Trade turnover between Turkey and Turkmenistan jumped 53% year-over-year at $1.7 billion in 2021, according to official The data.

Turkey exported 985 millions of dollars worth of goods and imported 711 millions of dollars worth of products from Turkmenistan.

Turkey’s investments in Turkmenistan amount at around 434 millions of dollars. Turkmenistan has invested about $1 million in Turkey.

Turkish entrepreneurs have undertaken over 1,060 projects in Turkmenistan worth $50 billion, the Commerce Department said.

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