ASHGABAT, Turkmenistan, February 26.
Turkmenistan and the European Bank for Reconstruction and
Development (EBRD) discussed expanding financial and investment
cooperation and implementing joint projects,
Trend reports via the Turkmen MFA.
The issues were raised during the meeting between Minister of
Foreign Affairs of Turkmenistan Rashid Meredov, and President of
EBRD Odile Renaud-Basso, on 25 February as part of Meredov’s
working visit to the United Kingdom.
Meredov stated that, in carrying out its economic development
strategy, Turkmenistan places particular emphasis on strengthening
international partnerships, including expanding cooperation with
reputable financial institutions and banking organizations. In this
context, the productive and long-standing cooperation between the
country and the EBRD was highlighted.
The president of the bank reiterated the institution's
commitment to enhancing mutually beneficial relationships.
Attention was directed towards initiatives designed to enhance the
international East-West transport corridor. The Turkmen government
indicated its readiness to reassess particular proposals from the
EBRD concerning involvement in initiatives within this sector.
Expanding cooperation in the energy sector has been highlighted as
a key priority. The substantial potential for EBRD engagement in
current sustainable energy initiatives was highlighted.
At the end of the meeting, the parties voiced confidence in the
continued steady development of bilateral cooperation and exchanged
best wishes.
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