Issues of trade-economic cooperation discussed at the Turkmen-Iranian Inter-MFA consultations

During the Inter-MFA consultations on the level of Foreign Ministers of Turkmenistan and Iran that were held on the 8th of April of current year in Ashgabat, special attention was paid to the intensification of trade-economic cooperation. Stressing the availability of high potential for collaboration in the given area, the parties agreed to hold a series of meetings in the framework of the preparation to the successive session of the Intergovernmental Turkmen-Iranian Commission on Economic Cooperation.    

The parties appraised the level of trade turnover between the two countries and considered the partnership in the area of energy, transport and others. The necessity of organizing joint events, exhibitions and forums for the development of business relations was underlined. 

In addition, the opportunities of cooperation on the development of transport-transit potential of the region were discussed in detail. In this regard, the emphasis was made on the potential of regional transport corridors in participation of Turkmenistan such as the Lapis-Lazuli route and the international corridor “Caspian Sea - Black Sea” and the opportunity arising thereupon for the participation of Iran in the implementation of these corridors.