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Foreign Economic Bank of Turkmenistan became a participant in the presentation of a book on the activities of the IDB


Chairman of the State Bank for Foreign Economic Affairs of Turkmenistan Rahimberdy Jepbarov moderated the solemn conference held on July 6 at the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan and dedicated to the presentation of the book “Islamic Development Bank and Dr. Ahmad Mohammad Ali. The history of the Institute and the path of its President”.

As it is known, this book was presented to the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov by the first president of the Islamic Development Bank Ahmad Mohammad Ali Al-Madani. Its pages tell about the history of the Islamic Development Bank, its activities and cooperation with the bank's member countries, including Turkmenistan.

As noted on the website of the Foreign Ministry of the country, Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Minister of Foreign Affairs Rashid Meredov addressed the participants of the celebration, emphasizing that over the years of fruitful cooperation between Turkmenistan and the IDB, since 1994, the Bank has financed 26 projects in the country. These projects are of great importance for the sustainable socio-economic development of the country and relate to such industries as medicine and healthcare, water management, railways and sea routes, telecommunications, and gas transport infrastructure.

In the speeches of the conference participants, including the head of the Foreign Economic Bank of Turkmenistan, attention was focused on the history of the IDB, its present day and activities, detailed information was given on the development of partnerships of this financial institution with member countries, including Turkmenistan. The long-term and effective cooperation between Turkmenistan and the Islamic Development Bank was emphasized in the context of implementing partnerships in a wide range of trade and economic areas, first of all, this concerns the area of investment policy aimed at implementing projects of global importance.

The pavilion of the Foreign Economic Bank of Turkmenistan was presented at the exhibition in the foyer of the university and dedicated to joint projects and cooperation between Turkmenistan and the Islamic Development Bank.

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