06.11.2019 | Business circles of Turkmenistan and Italy discuss perspectives of cooperation

Business forum, which gathered together representatives of business circles, government organizations and private structures, more than 100 companies, took place in Milano under official visit of President Gurbanguly Berdimuhamedov to the Republic of Italy.

Trade Agency of the Ministry of Commerce of the Republic of Italy and Trade and Industrial Chamber and the Union of Industrialists and Entrepreneurs of Turkmenistan were the hosts of the event under the aegis of foreign departments of two countries.

Heads and specialists of number of ministries and departments, export oriented branches, private facilities the members of the UIET have also taken part in the forum.The meeting in the conference hall of Rosa Grand Hotel was an important step in activation and expansion of trade and economic cooperation of Turkmenistan and Italy, having outlined strategic targets of its further development.

Exhibition of production made in our country, which illustrated the main directions and perspectives of practical cooperation, has been organized in the fields of the forum.It presented textile and chemical industry, oil and gas sector, agriculture, transport sector of Turkmenistan as well as tourism sphere of the country.

The forum was opened by General Director of the Trade Agency of the Ministry of Commerce of the Republic of Italy Roberto Luongo.In his greeting speech, he noted that subjects of the forum is not limited by export import relations but also spreads to the study of wide opportunities of cooperation.

At the same time, MrLuongo pointed out significant growth of trade between Turkmenistan and Italy by the outcomes of the first half of 2019, having added that volume of trade between two countries is able to exceed 200,000,0000 Euros.

Orienting Italian business to detail study of the potential of modern Turkmenistan, Roberto Luongo said that current meeting has to be continued during return visit to Ashgabat next year.

As for this meeting, he proposed the sides to exchange the visions on what directions and channels Turkmen Italian cooperation would be developed in near term with future perspective.

Having highlighted again that theme of current consultations is very comprehensive, he listed number of spheres from oil and gas to tourism where both countries can reveal promising opportunities.

Vice-president of Lombardi Region of the Republic of Italy Fabricio Sala has also made a greeting speech.Introducing the most populated region of his country to the guests, which has 2 times more residents than in the second biggest region of Italy, he said that Lombardi has 820,000 private facilities.

In other words, 1 out of 12 people in the country is engaged in entrepreneurship.Heavy engineering is one of the most important branches of the economy of the region.

Lombardi is the main supplier of components for all European vehicles. 55 percent of the components of all vehicles in Europe is studied, planned and implemented in this region, Mr Sala sa

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