Korean companies offer Turkmenistan high technology solutions

Ashgabat has hosted the 2nd seminar on Turkmen-Korean economic cooperation. A representative delegation of the Republic of Korea arrived in Turkmenistan to take part in it. Among those attending the seminar from the Turkmen side were senior officials and leading specialists from some ministries and agencies.

The meeting focused on the issues of expanding cooperation on a long-term basis in a number of areas, particularly in the fuel and energy sector, transport and communications, industry, and others.

The seminar participants highlighted that rapid development of the national economy, steady GDP growth rates, and a favorable investment climate in the country make the Turkmen market attractive to Korea’s business circles.

Guests acquainted their Turkmen partners with the potential and facilities of leading Korean companies. As noted, the Republic of Korea, an acknowledged global leader in high technology, is willing to offer its scientific and manufacturing solutions in the high technology industry and to take active part in the state programs and joint national and regional projects ongoing in Turkmenistan. Representatives of the friendly country’s business community also expressed their readiness to make a contribution to specialist training with the aim of developing small and medium business in the country.

The seminar attendees exchanged opinions on the promotion of bilateral agreements, reached at different levels, and identified specific steps towards their realization.