25 May 2022 11:24

Turkmenistan ready to consider new proposals on broadening cooperation with U.S. - president

ASHGABAT. May 25 (Interfax) - Turkmenistan is ready to consider new proposals on broadening cooperation with the United States, the Turkmenistan State News Agency quoted Turkmen President Serdar Berdimuhamedow as saying a meeting with U.S. businessmen.

"While pursuing the strategy of economic diversification with the active use of the best global practices and cutting-edge technologies, Turkmenistan is open to constructive interaction and welcomes a desire of the U.S. business community to strengthen its positions in the Turkmen market," Berdimuhamedow said.

Speaking of the prospects of bilateral cooperation, Berdimuhamedow reaffirmed the readiness of Turkmenistan to discuss new proposals for further expansion of the interaction.

Turkmenistan-U.S. Business Council Executive Director Eric Stewart and Nichlaus Companies CEO and member of the Board of Directors John Reese took part in the Tuesday meeting as U.S. representatives. They noted the wish of U.S. businesses to comprehensively develop the constructive dialogue established with neutral Turkmenistan in recent years.

The primary objective of Turkmenistan's foreign policy is equal business cooperation with all interested partners, including major U.S. companies, Berdimuhamedow said.

The Turkmen president and the U.S. businessmen stated the existence of a potential for further development of the interstate dialogue. They noted that Turkmenistan and the United States had amassed vast experience of cooperation over 30 years since the establishment of diplomatic relations. Such companies as John Deere, Case, General Electric and Boeing are successfully working on the Turkmen market.

Given the favorable investment climate and the optimal legal mechanism of doing business, the visitors relayed the intention of the U.S. business community to invest in the development of the Turkmen economy and to take part in ongoing large-scale projects and programs.

The sides also highlighted the activity of the Turkmenistan-U.S. Business Council and its role in the strengthening of interstate economic relations and underlined that business meetings, forums and exhibitions organized by this entity contribute to the establishment of contacts between public and private actors in both countries.

Trade, economic cooperation, the fuel and energy sector, transport, communications, agriculture, renewable energy, chemical and food industries and ecology have been named as priority areas of cooperation.