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International Affairs TKM

Turkmenistan and EU hold roundtable in Brussels

On March 18, with the participation of the Minister of Foreign Affairs of Turkmenistan Rashid Meredov and the Director General of the Agency for Transport and Communications under the Cabinet of Ministers of Turkmenistan Mammethan Chakyev, a roundtable was organized with the European business community on the topic “Turkmenistan and the EU: towards a new economic partnership”.

The event brought together more than 120 representatives from various countries in a hybrid format, where opportunities for cooperation in key areas such as energy, investment and trade were discussed, the Turkmen Foreign Ministry reported.

Among the speakers were the heads of the European Commission’s Directorate General for International Partnerships, the European Institute of Asian Studies, the Organization for Economic Cooperation and Development, as well as leading European companies such as Sarens Group, Cargolux, Philips, and Royal IHC.

The Turkmen foreign minister in his speech emphasized the great potential for expanding the economic partnership between Turkmenistan and the EU.

The roundtable discussed ways to new economic partnerships between Turkmenistan and the European Union.

During the meetings with the European business community, attention was focused on expanding existing cooperation, supplying equipment for various industries of Turkmenistan, researching potential projects, digitalization, use of modern technologies, development of entrepreneurship and investment activity. The prospects for opening service centers of European companies in Turkmenistan were discussed in order to strengthen further interaction and improve the service of supplied equipment.

The parties also expressed interest in continuing fruitful cooperation and readiness to discuss recommendations for improving the legal environment for business and investment.

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