Vectors for enhanced Turkmenistan-Egypt cooperation identified in Cairo

Cairo has hosted the second Turkmenistan-Egypt Intergovernmental Commission for Economic and Scientific-Technical Cooperation.

Those attending the meeting from the Turkmen side noted that the development of close and mutually advantageous ties with the Arab Republic of Egypt in the context of boosting cooperation with Arab countries is an important aspect of Turkmenistan’s foreign-policy strategy.

In this connection, the Turkmenistan-Egypt Intergovernmental Commission and its activities play a highly instrumental role as an effective mechanism for facilitating and strengthening mutually rewarding cooperation between the two countries.

In his turn, Co-Chair of the Commission from the Egyptian side and Minister of Investment and International Cooperation of the Republic of Egypt Dr. Sahar Nasr stressed that the current meeting indicates a long-term character of the Turkmen-Egyptian relations and the two countries’ mutual commitment to unlocking considerable potential for cooperation.

In the course of the meeting, the parties discussed the current status and prospects of multifaceted Turkmen-Egyptian dialogue and identified areas of enhanced cooperation such as trade, energy, agro-industry, healthcare, pharmaceutical industry, transport and communications, chemical and textile industries, and construction.

Along with the Intergovernmental Commission meeting, the first Turkmenistan-Egypt Business Forum took place in Cairo. It served as a meeting ground for representatives of the two countries’ business circles to discuss aspects of cooperation and prospects for establishing direct contacts.

Bilateral meetings were also held between representatives of ministries and agencies of Turkmenistan and Egypt to identify areas of diversified collaboration.

The Turkmenistan-Egypt Intergovernmental meeting culminated in signing a relevant protocol and a number of agreements and memoranda aimed at broadening the economic ties between Turkmenistan and Egypt.

The two sides agreed to hold the third meeting of the Turkmenistan-Egypt Intergovernmental Commission for Economic and Scientific-Technical Cooperation in Ashgabat in 2019.

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