Turkmen-S.Korean Business Council to be held in Seoul

Turkmen-S.Korean Business Council to be held in Seoul

ASHGABAT, Turkmenistan, Oct. 23

By Huseyn Hasanov Trend:

The first meeting of the Turkmen-South Korean Business Council is planned to be held in Seoul Oct. 24, 2019, Trend reports referring to the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET).

From the Turkmen side, the event will be attended by representatives of the ministries of trade, finance, economics, and textile industry as well as of Turkmenenergo State Corporation, Turkmengaz and Turkmennebit state concerns, and the State Bank for Foreign Economic Affairs of Turkmenistan.

South Korean companies are prominently represented in Turkmenistan's market.Several projects are implemented with their participation, such as the construction of a natural gas refinery at the Galkynysh gas field (the second largest in the world), high-octane gasoline production units at an oil refinery in Turkmenbashi city, a polymer plant in Kiyanly settlement, and a plant for the production of petrol and natural gas in Owadandepe town.

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