Turkmenistan, Pakistan Aim to Deepen Bilateral Trade Relations

BUSINESS TURKMENISTAN
Turkmenistan, Pakistan Aim to Deepen Bilateral Trade Relations
Turkmen Ambassador to Pakistan Atajan Movlyamov and Adviser to Prime Minister of Pakistan Abdul Razak Dawood discussed the bilateral relations. (Photo: Pakistan Daily)

Pakistan and Turkmenistan are engaged in efforts to deepen bilateral trade relations, The Express Tribune newspaper reported on Friday.

During a meeting on Thursday, Ambassador of Turkmenistan to Pakistan Atajan Movlyamov and Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood discussed the bilateral relations. They agreed that the bilateral trade was below its true potential and resolved to increase the volume.

According to the report, the Ministry of Commerce of Pakistan is developing a strategy to incorporate Turkmenistan as part of efforts to integrate five Central Asian countries with Afghanistan and Pakistan.

In this regard, the Ambassador showed keen interest in holding the sixth meeting of Pakistan-Turkmenistan Joint Governmental Commission this year. Furthermore, the Turkmen side also discussed the signing of a Memorandum of Understanding (MoU) between Gwadar and Turkmen ports.

The commerce adviser appreciated Turkmenistan’s proposal for the transit of its goods through Gwadar and Karachi ports via railways and road transportation.

The Gwadar Port is the deepest seaport in the world, situated on the Arabian Sea in Gwadar city in Pakistan’s Balochistan province.