Meeting of Turkmen-Kyrgyz intergovernmental commission actualized issues of interaction between business circles of two countries.

On July 30th, in Ashgabat hosted the third meeting of the Intergovernmental Turkmen-Kyrgyz Commission for Trade, Economic, Scientific, Technical and Humanitarian Cooperation (IGC), which was attended by leaders and representatives of a number of state structures, including leading sectoral ministries and departments, as well as business circles of the two countries. The meeting of Commission was chaired by the head of Union of Industrialists and Entrepreneurs of Turkmenistan and the Minister of Economy of Kyrgyz Republic.

IGC agenda included a wide range of issues of bilateral partnership, including at the level of business circles.

Chairman of TUIE and the IGC from Turkmen side informed the members of the Commission about the prospective areas of cooperation between Turkmen and Kyrgyz businessmen. In particular, it was noted that Turkmen entrepreneurs have succeeded in agro-industrial sector, setting up processing enterprises and are ready to consider the possibility of creating joint ventures, including mining and processing of minerals.

The commission stressed that an important area of trade and economic relations is the promotion of the development of direct ties between business entities and business circles of two countries, expansion and deepening of industrial cooperation. In particular, members of the Turkmen-Kyrgyz intergovernmental commission agreed to support the creation of joint ventures that will produce products oriented to the markets of the EU, the EEMP, and China.

Following the results of the third meeting of the Intergovernmental Commission, a protocol was signed, which stipulates that businessmen of two countries will favor the creation of joint ventures.

During the visit of Kyrgyz delegation to Turkmen capital, guests visited large enterprises of members of Union of Industrialists and Entrepreneurs of Turkmenistan - OJSC "Abadan Haly" and the confectionery factory "Hasar".