Tuesday, 02 January 2024 12:17 GMT

Turkmenistan And U.S. Explore New Business Horizons In High-Level Talks


(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, October 16. President Serdar Berdimuhamedov met with Eric Stewart, Executive Director of the Turkmenistan-U.S. Business Council, and John Reese, CEO and Board Member of Nicklaus Companies, and discussed expanding bilateral business ties, Trend reports.

The meeting focused on strengthening economic ties and identifying new opportunities for American companies to participate in Turkmenistan's diversification and modernization projects. President Berdimuhamedov emphasized that Turkmenistan is open to partnerships with major U.S. firms and continues to improve conditions for foreign investment.

The sides reviewed the achievements of U.S. companies already operating in Turkmenistan, including John Deere, Case, General Electric, and Boeing, and noted the 30th anniversary of diplomatic relations between the two countries.

Discussions also covered the role of the Turkmenistan–U.S. Business Council in promoting trade and investment through regular forums and business events. Key cooperation areas identified included energy, transport, agriculture, renewable energy, and the chemical and food industries.

The parties also discussed prospects for cooperation in sports, particularly in developing golf infrastructure in Turkmenistan.

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