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.

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