The 7th meeting of the Intergovernmental Turkmen-Saudi Commission on Trade and Economic Cooperation will be held in Riyadh in the first half of this year. The preparation for this event was reported to the President of Turkmenistan today at a meeting of the Cabinet of Ministers.

In accordance with the Deputy Prime Minister Shahym Abdrahmanov, during the upcoming meeting, it is planned to discuss the implementation of agreements and other documents signed during the official visit of the President of Turkmenistan to the Kingdom of Saudi Arabia in May 2016. In addition, the prospects for the development of bilateral partnerships in trade and economic, investment, energy, construction and industrial spheres, mining, food and pharmaceutical industries, through private business, in the field of health care, agriculture and water management, environmental protection, information and communication technologies, science and education, sports, culture and tourism.

After listening to the report, the head of state emphasized that Turkmenistan has long-standing relations of friendship and fruitful interaction with the Kingdom of Saudi Arabia, which is successfully developing both in bilateral and multilateral formats, through authoritative regional and international organizations and structures.
Having noted with satisfaction the progressive dynamics of interstate dialogue based on the principles of equality, mutual respect and trust, the leader of the nation pointed to the presence of an impressive potential for further expansion of productive trade, economic and business ties. The course towards industrialization and digitalization of the national economy, large-scale transformation programs and large-scale projects implemented in our country provide favorable opportunities for diversifying fruitful contacts.

Speaking about the importance of the activities of joint intergovernmental commissions, the head of Turkmenistan emphasized that this practice has proven itself as an effective mechanism for intensifying cooperation, built on a mutually beneficial and long-term basis, the State News Agency of Turkmenistan reports.

We remind you that that the sixth meeting of the Turkmen-Saudi Intergovernmental Commission on Trade and Economic Cooperation was held in October 2018 in Ashgabat.