BAKU, Azerbaijan, September 15. South Korea has
expressed interest for its companies to participate in future
railway modernization projects in Turkmenistan.
This was announced in a statement published by the press service
of the President of the Republic of Korea on September 15.
According to the statement, South Korean President Lee Jae Myung
asked Turkmen President Serdar Berdimuhamedov to support Korean
companies with advanced technical capabilities and experience in
participating in future railway modernization projects in
Turkmenistan.
"The two leaders agreed to turn cooperation potential into
concrete results in areas including railways and new city
construction," the press release says.
Meanwhile, Turkmen President Serdar Berdimuhamedov is paying a
state visit to South Korea and taking part in the first Central
Asia-Republic of Korea Summit in Seoul on September 16-17. The
summit brings together the leaders of South Korea and the five
Central Asian countries - Kazakhstan, Turkmenistan, Uzbekistan,
Kyrgyzstan and Tajikistan - marking the first elevation of the
Korea-Central Asia dialogue to the leaders’ level. Seoul has said
the summit is intended to deepen regional cooperation and produce
practical results for the participating countries.
For Turkmenistan, the summit is taking place alongside a state
visit and bilateral negotiations with the South Korean leadership.
During South Korean President Yoon Suk Yeol's state visit to
Turkmenistan in June 2024, the two countries signed a memorandum
aimed at strengthening cooperation in areas including the economy
and investment, culture, education, communications and human
exchanges. Turkmenistan also expressed support for Seoul's K-Silk
Road initiative, which South Korea presented as its comprehensive
strategy for expanding cooperation with the five Central Asian
countries.
The current summit is therefore taking place against the
backdrop of an effort by Seoul to elevate its cooperation with
Central Asia to the leaders' level.
