Turkmenistan-UAE Joint Committee Focuses on Further Development of Transport Cooperation

BUSINESS TURKMENISTAN
Turkmenistan-UAE Joint Committee Focuses on Further Development of Transport Cooperation
Following the talks, the Ministers signed the Protocol of the Third Round of the Joint Committee on Cooperation between Turkmenistan and the United Arab Emirates.

The third round of Joint Committee on Cooperation between Turkmenistan and the United Arab Emirates was held in a videoconference format. The Turkmen delegation was headed by the Minister of Foreign Affairs of Turkmenistan Rashid Meredov, while the Emirates side was led by the Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan.

According to the Turkmen Foreign Ministry’s Wednesday press release, the committee members thoroughly discussed the trade and economic relations between the two countries. The officials expressed the interest of both states in expanding the spectrum of cooperation between the governmental and private entities, and the further improvement of the investment climate.

The sides also exchanged views on the use and further development of transport potential of the two countries. The officials particularly discussed using the capabilities of sea, rail and air transport, the port infrastructure to promote bilateral and multilateral trade and economic ties. In this context, the importance of the World Expo 2020 was also noted, in which Turkmenistan intends to take an active part.

The sides noted that Turkmenistan is open for cooperation on the implementation of the energy and infrastructure projects, particularly the construction of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline.

The parties underlined the importance of “green economy” and exchanged views on the use of sustainable energy, advancement of innovative technologies and expert knowledge in the field of renewable energy.

The Ministers discussed cultural and humanitarian issues and advocated for the strengthening of practical cooperation in the areas of science, education, culture and sport.

Following the talks, the Ministers signed the Protocol of the Third Round of the Joint Committee on Cooperation between Turkmenistan and the United Arab Emirates.