The 15th meeting of the Turkmen-Japanese Committee on Economic Cooperation was held in Ashgabat, which was attended by representatives of Japanese business circles, headed by Hiroyuki Tsubai, member of the Board of Directors of Itochu Corporation, Chairman of the Committee from the Japanese side.
The meeting discussed current areas of trade and economic partnership, financial and investment cooperation and promising joint projects.
The participants noted the more than 30-year history of friendly relations between Turkmenistan and Japan, and expressed their desire to expand cooperation in such areas as gas and petrochemicals, transport, agriculture and advanced technologies.
Following the meeting, important documents were signed aimed at further developing the fruitful Turkmen-Japanese partnership, including:
Framework Agreement between the State Concern Türkmenhimiýa and the Mitsubishi Heavy Industries Asia Pacific, Pte. Ltd. Group of companies. (Singapore), Çalik Enerji Sanayi ve Ticaret A.Ş. (Turkey), Mitsubishi Corporation (Japan) for the provision of service and technical maintenance of the Garabogazkarbamid plant;
Framework Agreement between the State Concern Türkmenhimiýa and the group of companies Mitsubishi Heavy Industries, Ltd. (Japan), Gap Inşaat Yatirim ve Diş Ticaret Anonim Şirketi (Turkey) and Mitsubishi Corporation (Japan) on cooperation in the design, procurement and turnkey construction of a urea plant with a capacity of 1,155 thousand tons per year in the village of Kiyanly, Balkan velayat of Turkmenistan;
Memorandum of Understanding between the State Concern Türkmenhimiýa and the Group of Companies Kawasaki Heavy Industries, LTD. (Japan), ITOCHU Corporation (Japan) on mutual cooperation; Memorandum of Understanding between the State Concern «Türkmenhimiýa» and «Kawasaki Heavy Industries, LTD.» on Additional Agreement No. 3 for the supply and maintenance of a plant for the production of gasoline from gas in the Ahal velayat;
Memorandum of Understanding between the Ministry of Energy of Turkmenistan and «Sumitomo Corporation Power & Mobility» (Japan);
Convention between Turkmenistan and Japan for the Avoidance of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion and Avoidance, as well as the Protocol of the fifteenth meeting of the Turkmen-Japanese Committee on Economic Cooperation.
