Key areas of the Turkmen-Kuwaiti cooperation discussed in Al Kuwait

During the meeting in Al Kuwait, President Gurbanguly Berdimuhamedov and Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah noted that the Turkmen-Kuwaiti top-level talks opened up the new stage of the bilateral partnership and cooperation in the framework of the UN and other international agencies.

One of the important aspects discussed during the talks was the trade and economic sphere, where the countries had wide opportunities for building up relations in the framework of the national goals as well as in the context of the regional and global economy.

The fuel and energy sector, petrochemistry and oil processing, processing industry and investment cooperation were specified among the key areas. The parties discussed the proposal on the establishment of the Turkmen-Kuwaiti working group on the energy industry.

The leaders of the countries focused on the opportunities for the development of the transport and communication systems as another area of cooperation, given the favourable location of the both countries in their regions.

The opportunities for the establishment of joint enterprises based on the mutual investments and partnership in such new for Turkmenistan areas as metallurgical engineering among others were considered during the talks.

Fuel and energy complex, trade, investments, transport and communications, chemical industry, textile industry and agriculture, health care and high technologies were specified among the areas of long-term cooperation between the states.

It was proposed to hold a bilateral business forum and an exhibition on trade and investment. It was also underlined the importance of the creation of the intergovernmental commission that will provide the platform for the consideration of the important issues of cooperation, exchange of views and development of practical measures to build up the trade, economic and cultural ties between the two countries.

As for the humanitarian relations, the parties agreed to establish cooperation in such spheres as science and education, arts and creative activities.

Turkmenistan and the State of Kuwait established the diplomatic relations in 1995. At present, the dialogue between the two countries is characterized by the high level of mutual understanding and trust.