Forum focuses on enhancement of economic cooperation.

The agenda of the roundtable that has been conducted in Ashgabat, on December 16-18, in the current year focused on the ways to expand economic cooperation to implement the priority projects in Turkmenistan aimed at developing the social sphere, transport infrastructure, industrial production and communications sector. The representatives of the ministries and departments, banks of Turkmenistan and the Coordination Group composed of the Islamic Development Bank, the Saudi Fund for Development, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development (OFID) and the Abu Dhabi Fund for Development (ADFD) took part in the meeting conducted in the conference hall of the President Hotel in Ashgabat.

To the order of the Government of Turkmenistan, the State Bank for Foreign Economic Affairs of Turkmenistan as Islamic Development Bank governor from Turkmenistan stood out the organizer of this forum.

The ministries and departments of Turkmenistan had submitted the investment projects aimed at improving social services, modernizing transport and communications and industrial infrastructure, telecommunications sector, developing tourism industry, in particular Avaza national tourism zone as well as the private sector to the Coordination Group for consideration. These projects aroused great interest among the foreign partners, who expressed the willingness to collaborate in implementation.

Signing the Protocol testified to the intense interest of foreign business circles in enhancing cooperation with Turkmenistan as a country with the profound economic potential as well as the support for the policy of progressive reforms initiated by President Gurbanguly Berdimuhamedov.

12/18/2009