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Azerbaijan-Turkmenistan Partnership: A New Era of Cooperation and Growth

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Rizwan Shah
New Update
Azerbaijan-Turkmenistan Partnership: A New Era of Cooperation and Growth

The 7th session of the Azerbaijan-Turkmenistan Intergovernmental Commission convened in Ashgabat, laying the groundwork for an expanded partnership across a range of sectors. The Azerbaijan delegation, led by Economy Minister Mikayil Jabbarov, engaged in discussions focusing on the development of partnerships in various domains, culminating in a protocol signing that solidifies the future of this blossoming relationship.

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Strengthening Bonds

The session underscored the growing friendship and brotherhood between Azerbaijan and Turkmenistan, both nations witnessing a robust development in all areas of mutual interest. The significance of the agreements reached and the joint decisions made by the state heads were emphasized, aimed at providing a fresh impetus to bilateral relations. The economic-trade domain plays a vital role in these relations, as evidenced by the significant increase in trade turnover between the two nations, a trend that has continued into 2023.

Promising Prospects

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The session highlighted Azerbaijan's steadily growing economic indicators and favorable business environment, including the potential of areas recently liberated. Azerbaijani officials extended an invitation to Turkmen investors for active collaboration, underscoring the country's open arms approach to economic partnership. The co-chair of the Intergovernmental Commission, Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Batyr Atdayev, acknowledged the promising prospects for cooperation across various sectors.

Securing the Future

The session concluded with the signing of a protocol by the co-chairs, aimed at expanding partnership in trade, industry, energy, transportation, agriculture, and other areas. As part of their visit to Turkmenistan, the Azerbaijani delegation participated in the opening ceremony of the "Agro Pack Turkmenistan 2023" international exhibition, acquainting themselves with a range of international companies offering services across various sectors. This move marks a positive step towards fostering international collaboration and economic growth.

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