Turkmenistan eyes MoU with Gwadar Port

Both sides resolve to increase bilateral trade volume

ISLAMABAD:

Pakistan and Turkmenistan are engaged in efforts to deepen trade relations between the two countries.

During a meeting between Ambassador of Turkmenistan to Pakistan Atadjan Movlamov and Adviser to Prime Minister on Commerce Abdul Razak Dawood, both sides discussed the historical bilateral relations. They agreed that the bilateral trade was below its true potential and resolved to increase the volume.

In light of Pakistan’s interaction with Afghanistan and Uzbekistan, now Turkmenistan also wants to enhance trade relations with Pakistan. Hence, the Ministry of Commerce is developing a strategy to incorporate Turkmenistan as part of efforts to integrate five Central Asian Republics with Afghanistan and Pakistan.

To fit into this strategy, the ambassador showed keen interest in holding the sixth meeting of Pakistan-Turkmenistan Joint Governmental Commission this year. Furthermore, the Turkmen side also discussed the signing of a memorandum of understanding (MoU) between Gwadar and Turkmen ports.

The commerce adviser appreciated Turkmenistan’s proposal for the transit of its goods through Gwadar and Karachi ports via railways and road transportation.

Published in The Express Tribune, January 8^th, 2021.

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