Belarus and Turkmenistan to step up cooperation, trade

By bne IntelliNews March 27, 2015

Belarus and Turkmenistan will boost their interparliamentary ties and trade cooperation, Chairman of the National Assembly of Belarus Mikhail Myasnikovich said after talks in Ashgabat on March 26. Turkmenistan's president, Gurbanguly Berdimukhamedov, stressed that the two former Soviet republics have enormous cooperation potential in trade and the economy in the international arena.

The countries will set up a joint venture to make cotton products, said Myasnikovich, adding that the project will significantly increase integration and manufacturing cooperation. Products will be produced in Belarus to be sold there, in Turkmenistan and other markets.

The sides also discussed progress in construction of the Garlyk mining and processing factory. “It is a unique project that embodies the best, state-of-the-art technologies in the processing industry,” noted Myasnikovich. Berdimuhamedov said the factory "will not be just another company to mine ore and make mineral fertilizers”. There are also plans to set up additional factories to produce products based on potash salts, he added.

Related Articles

Finland gives final nod to construction of Nord Stream II

Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more

Iran could join Moscow-led EEU by May says Russian minister

Russia’s Energy Minister Aleksander Novak has said Iran could join the Eurasian Economic Union (EEU) by May, RT reported on March 10. Tehran has repeatedly lobbied Moscow over the past year to ... more

Agreements with Armenia highlight of uneventful EU Eastern Partnership summit

The EU and Armenia signed a comprehensive and advanced partnership agreement and a common aviation area agreement at the Eastern Partnership summit on November 24, according to an ... more