Year 2024 - «Fount of Wisdom
Magtymguly Fragi

06 December 2022


Turkmen-American business forum was held in Ashgabat

On December 5, 2022, the Turkmen-American business forum was held at the Chamber of Commerce and Industry of Turkmenistan, which was attended by heads and leading specialists of government and business structures of the two friendly countries.

The US delegation, headed by the Executive Director of the Turkmen-American Business Council Eric Stewart, included representatives of such companies as Bechtel Corporation, Boeing, Niklaus Companies, Climate Compass, Case New Holland, UGT Renewables , John Deere, Medtronic plc, Oxbow, Palo Alto Networks, Smartmatic, Wiza, Westport Trading Europe Ltd.

As noted, since the establishment of diplomatic relations between Turkmenistan and the United States of America, a rich experience of joint activities has been accumulated. Companies such as John Deere, Case, General Electric, Boeing and others are successfully operating in strategically important sectors of the economy of our country.

A separate topic of discussion was the activities of the Business Council "Turkmenistan-USA" and its role in strengthening economic relations built on a long-term and mutually beneficial basis. In this regard, it was emphasized that the regular business meetings, forums and exhibitions organized by this structure contribute to the establishment of close contacts between the public and private circles of both countries.

Trade and investment activities in the fields of industry, agriculture, as well as the supply of equipment for the national agro-industry and water management were named priority areas for the development of the partnership.

Good prospects are also seen in the development of the fuel and energy sector, in the field of transport and communications, construction, innovative technologies, healthcare, ecology, etc.

Speaking about bringing bilateral cooperation to a new level in various areas of the economy and investments, high technologies, about the possibility of expanding trade between Turkmenistan and the United States, the participants of the event outlined specific plans for joint work in priority areas.

Within the framework of the forum, which was held in a businesslike and constructive manner, meetings were held between representatives of ministries, departments and private companies of our country with business circles in America.

Thus, the Union of Industrialists and Entrepreneurs of Turkmenistan and the American company Niklaus Companies signed a Memorandum of Understanding on the establishment of a golf club.

At the end of the meeting, the forum participants expressed confidence in the further successful development of the Turkmen-American partnership, which has received new dynamics and content in recent years.

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