Turkmenistan, India to Intensify Economic Cooperation

BUSINESS TURKMENISTAN
Turkmenistan, India to Intensify Economic Cooperation
President Gurbanguly Berdimuhamedov proposed to consider the possibility of expanding cooperation in the healthcare and medical industry.

President of Turkmenistan Gurbanguly Berdimuhamedov on Thursday held a telephone conversation with President of the Republic of India Ram Nath Kovind.

According to the TDH news agency, the Presidents of the two countries stated that there is a solid potential for diversifying economic cooperation, taking into account Turkmenistan’s course towards industrialization.

The parties also noted the large-scale work on the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.

President Gurbanguly Berdimuhamedov said Turkmenistan is ready to provide Indian companies with the necessary support in the implementation of investment projects and invites them to consider the possibility of creating joint high-tech production lines in such areas as agriculture, chemicals, pharmaceutical, light industry, and production of building materials based on local raw materials.

The Turkmen Leader also proposed to consider the possibility of expanding cooperation in the healthcare and medical industry.

Emphasizing that Turkmenistan and India have ancient traditions and a rich historical heritage, the interlocutors spoke in favor of further strengthening fruitful cooperation in the humanitarian sphere, including through various cultural events, such as cross Culture Days, exhibitions, festivals, and creative exchanges.

Presidents Gurbanguly Berdimuhamedov and Ram Nath Kovind also focused on the topic of the coronavirus pandemic, which has become the biggest threat to the world community in recent decades.

Noting that the global spread of COVID-19 poses a threat to all countries and requires a collective response based on solidarity and new approaches to multilateral cooperation, the Turkmen President expressed confidence that mutual support and joint efforts would contribute to achieving success in the fight against coronavirus infection.

The Heads of State also noted that high-level visits and negotiations play a special role in the development of Turkmen-Indian relations, building up bilateral ties with a long-term perspective.