Azerbaijani-Turkmen joint intergovernmental commission views fresh outlooks (PHOTO)

[ad_1] BAKU, Azerbaijan, July 28. The eighth assembly of the Joint Intergovernmental Fee on Financial and Humanitarian Cooperation between Azerbaijan and Turkmenistan was held in Baku, the Azerbaijani Ministry of Financial system instructed Pattern.

The Co-Chair of the Joint Intergovernmental Fee, Azerbaijani Minister of Financial system Mikayil Jabbarov emphasised that the relations between the 2 international locations are primarily based on a powerful historic basis, cultural affinity, and mutual respect between the 2 brotherly nations.

The assembly famous that the excessive degree of belief and mutual understanding between the heads of state performs a big function in strengthening cooperation.

In addition to, the assembly identified that Turkmenistan and Azerbaijan are implementing essential joint tasks and initiatives and share a broad partnership agenda that features key areas corresponding to economic system, commerce, vitality, transport, and humanitarian cooperation.

The assembly highlighted the potential for enhancing funding cooperation with Turkmenistan, including that 75 Turkmenistan-invested firms are presently working in Azerbaijan in sectors corresponding to trade, transport, building, commerce, and providers.

Moreover, the assembly talked about that the international locations have nice potential for increasing vitality cooperation, and with its well-developed vitality export infrastructure, Azerbaijan is able to talk about mechanisms of mutually useful cooperation.

The assembly emphasised cooperation with Turkmenistan on revitalizing the East–West transport hall and growing the effectivity of the Center Hall, and that lately, transit cargo quantity between the 2 international locations has proven regular progress—exceeding two million tons final 12 months and a million tons in the primary half of this 12 months.

Furthermore, the assembly spotlighted alternatives to strengthen partnerships in commerce, vitality, industrial parks, transport, enterprise, agriculture, and the Alat Free Financial Zone.

The assembly additionally briefed on Azerbaijan’s rising financial indicators, its favorable enterprise and funding surroundings, transport and logistics infrastructure capabilities, and the prospects of the Zangezur Hall; emphasised the significance of increasing relations between enterprise communities; and invited Turkmen traders to interact in lively cooperation.

The Co-Chair of the Joint Intergovernmental Fee, Deputy Chairman of Turkmenistan’s Cupboard of Ministers Nokerguly Atagulyev, highlighted the wide-ranging prospects for creating mutually useful cooperation between Turkmenistan and Azerbaijan throughout numerous sectors and shared his views on the instructions of partnership improvement.

Through the occasion, the edges mentioned prospects for joint actions in numerous fields and initiatives serving widespread financial pursuits.

On the finish of the assembly, a protocol summarizing the outcomes of the eighth session of the Joint Intergovernmental Fee and outlining the enlargement of partnerships in economic-trade relations, vitality, transport, agriculture, and different sectors was signed by Jabbarov and Atagulyev.