Pakistan, Turkmenistan reiterates commitment to diversify economic relations

Turkmen side also discussed the signing of Memorandum of Understanding (MoU) between Gawadar Port and Turkmen Ports

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The Ambassador of the Republic of Turkmenistan to Pakistan H.E Mr. Atadjan Movlamov called on Mr. Abdul Razak Dawood, Advisor to the Prime Minister on Commerce and Investment at the Ministry of Commerce (MOC) on 7th January, 2021. Both sides highlighted the historical bilateral relations. Relations between the two countries were established after Turkmenistan became independent from the Soviet Union. Pakistan was one of the first countries to recognise the independence of Turkmenistan in December 1991. On the basis of historic nexus, they agreed that the bilateral trade was below its true potential and resolved to increase the bilateral trade to its true potential. In light of Pakistan interaction with Afghanistan and Uzbekistan, now the Turkmenistan also wants to have trade relations with Pakistan. Hence, Ministry of Commerce is developing a strategy to incorporate Turkmenistan into our thinking. This is all part of how to integrate the five Central Asian Republics with Afghanistan and Pakistan. In order to fit into this strategy the Ambassador showed keen interest in holding 6th Meeting of Pak-Turkmenistan Joint Governmental Commission this year. Furthermore, the Turkmen side also discussed the signing of Memorandum of Understanding (MoU) between Gawadar Port and Turkmen Ports. The Advisor to the Prime Minister on Commerce and Investment also appreciated the Turkmen’s proposal for transit of Turkmen goods through Gawadar and Karachi ports via railways and road transportation. Both sides also agreed that the 3rd Meeting of the Joint Working on Trade (JWT) will be held soon to discuss the wide ranging bilateral trade issues. It was agreed that to finalise the agenda for the 3rd Meeting of the JWT, both sides will hold technical level consultations.

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