BAKU, Azerbaijan, November 4. Turkmenistan and
the German Eastern Business Association have explored expanding
trade, investment cooperation and the implementation of joint
projects in several sectors, according the Ministry of Foreign
Affairs of Turkmenistan.
The talks were held during a meeting between Turkmen Foreign
Minister Rashid Meredov and Michael Harms, Executive Director of
the German Committee on Eastern European Economic Relations.
According to the publication, the discussions focused on
strengthening business contacts between the two countries and
expanding mutually beneficial trade and economic cooperation.
“Particular attention was also paid to the prospects for
implementing joint projects in industry, energy, agriculture and
transport and logistics, as well as opportunities for introducing
advanced German technologies,” the report says.
Earlier, Vladimir Nikitenko, Regional Director for Central Asia
at the German Eastern Business Association, told Trend in an
exclusive interview that contract between Turkmenistan’s state
concern Turkmengas and the German engineering company Vietz GmbH is
a concrete example of the positive development of German-Turkmen
economic ties.
He noted that the shift toward direct cooperation with
manufacturers creates new opportunities for German industrial
companies to expand their presence in Turkmenistan. "This creates
better opportunities for German industrial companies to establish
direct relationships with state customers and to expand cooperation
beyond equipment deliveries into engineering, modernization,
maintenance and long-term technical services," he added.
