Economic cooperation is the focus of the International Forum on Northern Economic Cooperation

As noted, on October 30, President of Turkmenistan Gurbanguly Berdimuhamedov made a video message to the participants of the International Forum on Northern Economic Cooperation, which became an effective platform for discussing economic cooperation.

In his speech, the President of Turkmenistan noted the importance of diversifying cooperation, in particular economic. This became especially important during the global pandemic, which damaged world trade and economic relations. The head of state noted the importance of the creation and development of energy, transport and transit corridors, the formation of interconnected production cycles and industrial belts of the Eurasian economic partnership. It is important to emphasize that Turkmenistan stands for constructive international cooperation based on the principles of mutual respect, openness and consideration of mutual interests.

The President of Turkmenistan highly appreciated the bilateral cooperation with the Republic of Korea in the area of trade and economic ties. “Among the strategic projects successfully completed with the participation of Korean companies, we can note the construction of a natural gas desulfurization plant in our country, the construction of a gas chemical complex for the production of polyethylene and polypropylene, the installation and consulting services of road safety systems, the creation of a stable supply system for automotive equipment, produced by world famous Korean companies,”the President noted.

He also noted great prospects for joint activities in the field of telecommunications, space, in the field of water use, in particular, desalination of sea water.