Saturday, May 30, 2015

Ukraine and Turkmenistan to establish Trading Houses

In Ukraine and Turkmenistan there can be established Trading houses that are to promote the development of trade relations between the two countries, especially in small and medium-sized businesses. Such an agreement was reached during a meeting of the 4th joint Intergovernmental Ukrainian-Turkmen Commission on economic, cultural and humanitarian cooperation. A Ukrainian delegation at the negotiations was led by Vice Prime Minister, Minister of Regional Development, Construction, Housing and Utilities of Ukraine Hennadii Zubko.

On the results of the 4th session of the Joint intergovernmental Ukrainian-Turkmen Commission on economic, cultural and humanitarian cooperation its co-chairmen Hennadii Zubko and Deputy Chairman of the Cabinet of Ministers of Turkmenistan Baymyrat Hojamuhammedov signed the Protocol.

Also, the Protocol contains that among the top priorities of Ukrainian-Turkmen economic relations is cooperation in oil and gas, chemical and power industries.

Apart from that the document indicates that "between the companies of oil and gas complex of Turkmenistan and companies of Ukraine there is carried out active cooperation in purchase of pipe goods, oil and gas equipment, as well as design and building of oil and gas facilities".


In the framework of the visit, Vice Prime Minister of Ukraine Hennadii Zubko also met with the President of Turkmenistan Gurbanguly Berdimuhamedow. At the meeting they discussed a wide range of cooperation issues between the two countries, and the possibility to increase collaboration in trade, economic, energy and humanitarian spheres.

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