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2013.06.19 15:19

PM sees enormous potential for Lithuanian-Turkmenistan economic cooperation

DELFI|The Lithuania Tribune2013.06.19 15:19

On his official visit to Turkmenistan, Prime Minister Algirdas Butkevičiaus met with President Gurbanguly Berdymukhamedov, the Government’s Press Service has informed. 

On his official visit to Turkmenistan, Prime Minister Algirdas Butkevičiaus met with President Gurbanguly Berdymukhamedov, the Government’s Press Service has informed.

They pointed out the particularly rapid development of the bilateral economic trade relations in the recent years, and the need to make a more extensive use of the current economic potential with a view to enlarging the range of the cooperation.

“Last year, our countries marked the twentieth anniversary of the establishment of the diplomatic relations. The dynamic development of our cooperation makes me believe that we will soon see new mutually beneficial outcomes,” said the Prime Minister.

Lithuania is particularly interested in access to alternative gas supply sources. When presenting Lithuania’s business opportunities, Prime Minister Butkevičius pointed out that information technology companies already had experience in Turkmenistan and saw significant opportunities in contributing with their expertise towards the development of information systems.

Other potential areas of cooperation may include construction, transportation, furniture, pharmaceuticals, fisheries, tourism, etc. The Prime Minister invited Turkmenistan to join the transport Corridor West-East and make use of container trains ‘Viking’, ‘Sun’, ‘Mercury’, covering a wide radius towards the ice-free port of Klaipėda.

Speaking of the priorities of the Lithuanian Presidency of the European Union, the Prime Minister pointed out that special attention would be paid to the Eastern Partnership and the strengthening of relations with Central Asia.

“I hope that during our Presidency progress will be reached in the ratification of a Partnership and Cooperation Agreement between Turkmenistan and the EU,” said Butkevičius.

Emphasising a particular importance of humanitarian and cultural ties, President of Turkmenistan Gurbanguli Berdymuchamedov proposed arranging Turkmen cultural days in Lithuania, and Lithuanian cultural days in Turkmenistan. Moreover, the Head of Turkmenistan informed that an ambassador to Lithuania has recently been appointed, who will be residing in Minsk.

After the meeting, agreements were signed between the Governments of Lithuania and Turkmenistan regarding the avoidance of double taxation and the prevention of fiscal evasion as well as regarding economic cooperation. These inter-governmental agreements will further open the door for cooperation and business initiatives.

The Head of the Lithuanian Government extended his invitation to the delegation of the Government of Turkmenistan to pay a visit to our country.

During his visit in Turkmenistan, Prime Minister Algirdas Butkevičius also laid a wreath at the mausoleum, where Saparmurat Nijazov, President of Turkmenistan, is buried.

Today the Prime Minister of Lithuania will also meet with Speaker of the Assembly of Turkmenistan (Mejlis) Akja Nurberdiýewa and its members.

Turkmenistan ranks fourth in the world in terms of natural gas reserves, and it is one of the top ten cotton producers. Recently, the country has been trying to attract foreign investors into the textile and communication sectors and has been carrying out an open-door trade policy.

The trade volumes between Lithuania and Turkmenistan grew by 46 per cent, as compared to 2011, and during the same period of time the Lithuanian export into this Central Asian country increased by 66 per cent.

  

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