Turkmenistan-USA Business Council Discusses Key Aspects of Trade-Economic Cooperation

BUSINESS TURKMENISTAN
Turkmenistan-USA Business Council Discusses Key Aspects of Trade-Economic Cooperation
The meeting participants emphasized the need to diversify the economic partnership between Turkmenistan and the US.

A regular meeting of the Turkmenistan-USA Business Council focusing on key aspects of trade-economic cooperation was held online on Thursday.

According to the Turkmen Foreign Ministry’s press release, the meeting was attended by members of the Turkmen government, heads of key ministries and departments of Turkmenistan, senior representative of the US State Department Jonathan Henick, Executive Director of the Council Eric Stewart and heads of US companies-members of the Council such as John Deere, Case New Holland, Westport Trading Ltd, Caterpillar, Oxbow, S2Global, Visa and Boeing.

The meeting participants emphasized the need to diversify the economic partnership between Turkmenistan and the US, in which investment, technological and financial directions occupy a special place.

In his speech, Minister of Foreign Affairs of Turkmenistan Rashid Meredov expressed the commitment of the Turkmen government to expand trade-economic cooperation with the US. He noted the long-term positive contribution of US companies to various sectors of the Turkmen economy.

Within the framework of the event, separate online meetings were held between the management of leading US-based companies and members of the Government, heads of the agricultural complex and the banking system of Turkmenistan.

Meetings of the Council are held annually in Ashgabat or in one of the US cities. The Business Council has repeatedly organized major business forums and exhibitions, demonstrating the products of leading American manufacturers, including the presentation of plans for cooperation between American companies and their Turkmen partners. In the early years, about 60 American companies participated in such forums. At the subsequent years, the Council’s events gathered more than 100 American businesses.

2022