Turk­menistan’s trade house may open in coun­try

Azer News - - Nation - By Le­man Mam­madova

Turk­menistan’s in­ten­tion to open a trade house in Azer­bai­jan were on the agenda, as First Sec­re­taryCon­sul of the Em­bassy of Turk­menistan in Azer­bai­jan Batyr Re­je­pov held a meet­ing with Deputy Sec­re­tary Gen­eral of the Na­tional Con­fed­er­a­tion of En­trepreneurs (Em­ploy­ers) Or­ga­ni­za­tions of Azer­bai­jan Fuad Hum­batov.

Dur­ing the meet­ing, the par­ties dis­cussed the open­ing of a Turk­men trade house in Azer­bai­jan.

The di­plo­mat said that the trade house to be opened is aimed at the sale of var­i­ous tex­tile prod­ucts and hand­made car­pets from Turk­menistan.

Batyr Re­je­pov asked the Na­tional Con­fed­er­a­tion of En­trepreneurs Or­ga­ni­za­tions of Azer­bai­jan to sup­port them on the is­sues re­lated to their in­volve­ment in co­op­er­a­tion, le­gal reg­is­tra­tion of the com­mer­cial house.

Fuad Hum­batov as­sured that the Con­fed­er­a­tion will pro­vide ap­pro­pri­ate sup­port for the open­ing of a trad­ing house.

The diplo­matic re­la­tions be­tween Turk­menistan and Azer­bai­jan es­tab­lished in 1992.

Co­op­er­a­tion has been de­vel­op­ing rapidly in re­cent years. The sign­ing of the Strate­gic Part­ner­ship Dec­la­ra­tion be­tween the two coun­tries within the frame­work of the Turk­men Pres­i­dent's visit to Azer­bai­jan in Au­gust 2017 raised bi­lat­eral re­la­tions to a qual­i­ta­tively new level, par­tic­u­larly in trans­porta­tion area that will boost the trade-eco­nomic re­la­tions.

Bi­lat­eral re­la­tions have gained even more im­por­tance af­ter sign­ing Azer­bai­jani-Turk­men doc­u­ments in Novem­ber 2018.

Turk­menistan and Azer­bai­jan have al­ready sim­pli­fied visa regime for in­ter­na­tional trans­porta­tion be­tween two coun­tries.

Trade turnover be­tween the two coun­tries in 2017 amounted to $ 164.1 mil­lion. $ 54.1 mil­lion ex­ported to Turk­menistan, and $ 110 mil­lion im­ported from Turk­menistan.

Bi­lat­eral re­la­tions in trans­port and trade are ex­pected to fur­ther in­ten­sify with Turk­menistan’s join­ing the South­ern Gas Cor­ri­dor by im­ple­men­ta­tion of the Trans-Caspian gas pipe­line aimed at de­liv­ery of Turk­men gas to Europe, the Baku-Tbil­isiKars rail­way project to trans­port Turk­men ex­ports, Lapis Lazuli trans­port cor­ri­dor and In­ter­na­tional North-South Trans­port Cor­ri­dor projects.

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