EURASIAN STAR LOGO
International Affairs TKM

Turkmenistan and Japan to expand economic and energy cooperation

During his official visit to Japan on January 22, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with the Minister of Economy, Trade and Industry of Japan, Ken Saito.

The ministers discussed strengthening trade and economic ties between Turkmenistan and Japan, noting the successful joint implementation of various projects, including the construction in Turkmenistan of chemical plants, gas turbine power plants, as well as the supply of equipment and vehicles. The parties expressed their readiness to find new opportunities for cooperation, especially in the field of energy transition, including the production and transportation of green hydrogen.

Particular attention was paid to the holding of the next Ministerial dialogue on the energy economy within the framework of the “CA plus Japan” Dialogue, the preparation of a Roadmap in the field of decarbonization, the introduction of an e-commerce system to improve trade relations, and joint work on technologies for the development and transportation of hydrogen.

Following the meeting, the parties signed several documents, including a Memorandum of cooperation between the Ministry of Foreign Affairs of Turkmenistan and the Ministry of Economy, Trade and Industry of Japan on the implementation of energy transitions and a Memorandum of Understanding for the design and full construction of the Second Complex on the basis of the existing factory for the production of gasoline from gas in Turkmenistan’s Ahal province.

Leave a Reply

Your email address will not be published. Required fields are marked *