Turkmenistan, Qatar to expand business ties

By  Trend

Turkmen President Gurbanguly Berdimuhamedov and Qatar’s Sheikh Faisal Bin Qassim Al Thani, the head of Al Faisal Holding, stressed at the meeting that the fuel and energy sector, transport and communications are priority vectors of cooperation between Turkmenistan and Qatar, the Turkmen government said in a message.

According to the message, the agreements reached the highest level following President Berdimuhamedov’s official visit to Qatar in October 2010 and Emir of the State of Qatar, Sheikh Tamim Bin Hamad Al-Thani’s official visit to Turkmenistan in March 2016, giving an impulse to the bilateral relations.

President Berdimuhamedov and Sheikh Faisal Bin Qassim Al Thani stressed the huge potential for intensifying the mutually beneficial bilateral trade and economic partnership and promoting productive business relations in various spheres, the message said.

The diplomatic relations between Turkmenistan and Qatar were established in 1996. President Berdimuhamedov called Qatari businessmen for participating in the implementation of construction project of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline in April 2016.

According to President Berdimuhamedov, TAPI is designed to ensure long-term supply of gas to the largest countries of South-East Asia, contribute to solving the economic problems of the region, important social and humanitarian issues.

The solemn ceremony of launching the TAPI construction, with a capacity of up to 33 billion cubic meters of gas was held in mid-December 2015.