Ashgabat Attends Online Session on WTO Accession

BUSINESS TURKMENISTAN
Ashgabat Attends Online Session on WTO Accession
Turkmen officiial participated in the fifth session of the online seminar on the accession of the countries to the World Trade Organization.

Deputy Minister of Foreign Affairs of Turkmenistan Vepa Hajiyev took part in the fifth session of the online seminar on the accession of the countries to the World Trade Organization (WTO) entitled “Accession in Focus: Eurasia” on Wednesday.

The event was also attended by the representatives of relevant departments and organizations from the public and private sectors, and experts of WTO member and observer countries.

The session is a part of webinars on the process of Eurasian countries’ accession to the WTO through the exchange of information, recommendations and expectations of the parties expressing their intention to join the WTO as a member or an observer.

The Deputy Minister of Foreign Affairs outlined Turkmenistan’s position on joining the WTO as an observer. Informing about the vast preparatory work done in the country to study the issue, he noted three important aspects.

According to the report, participation in the WTO as an observer contributes to the integration of Turkmenistan into international economic structures, attracting foreign investments, ensuring guarantees and transparency for investors and trading partners, and will also strengthen the country's position on commercial issues.

The parties also discussed a number of issues on further cooperation, exchanged recommendations and views on the procedure for joining the WTO.