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Iran targeting USD 60 billion trade with Turkmenistan

Iranian President Rouhani and his Turkmen counterpart, Gurbanguly Berdimuhamedow, say Iran-Turkmenistan ties are amicable, stressing the need to design a long-term co-operation plan.
Pointing out that the two countries enjoy historic ties with each other, Iranian President Rouhani said:

  • “Tehran-Ashgabat relations have always been amicable and are deepening to the benefit of the two nations; we need to develop the level of these ties more than before."
  • “We are determined to boost trade exchange to USD 60 billion in ten years, as well as having multi-lateral cooperation."
  • “Without any doubt, long-term planning for developing ties is of high importance and Iran is ready to act on this issue.”

Iran and Turkmenistan can expand co-operation on issues such as culture, energy, transportation, natural gas, better use of Caspian Sea, automobile manufacturing and agriculture, said the President of Iran. On regional issues, President Rouhani said: “Iran and Turkmenistan can cooperate more on regional issues such as fighting with terrorism, narcotics, and organised crime”. He also considered preparing a comprehensive document for long-term co-operation by the Foreign Ministries of the two countries as necessary. In the meeting, the President of Turkmenistan said: “We are determined to take practical steps towards developing and cementing ties between the two countries”. He continued: “Iran-Turkmenistan ties have been special in recent years, being developed in all areas”. Speaking about the co-operation in the fields of natural gas and energy, the President of Turkmenistan said that “Turkmenistan is determined to sell its natural gas and energy resources to the global markets and Tehran and Ashgabat can also cooperate in this direction”.
“Our goal is to develop the east-to-west route so that we can connect to the Persian Gulf through Iran” said the President of Turkmenistan.
Source: Office of the President of the Islamic Republic of Iran
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