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President of Turkmenistan received President of the European Bank for Reconstruction and Development

On May 23, President Gurbanguly Berdymuhamedov received President of the European Bank for Reconstruction and Development (EBDR) Mr. Suma Chakrabarti, who had arrived in Turkmenistan.

During the meeting, President Gurbanguly Berdymuhamedov and the head of Europe’s largest bank exchanged opinions on the priority aspects of traditional cooperation, having discussed the prospects for its further development, given the current state of the global financial-economic system.

As the parties noted with satisfaction, for many years of cooperation, the EBDR had gained positive experience of business partnership with Turkmenistan by participating in 53 projects in the country. This serves as an indicator of successful collaboration, which has new big prospects. In particular, detailed consideration was given to proposals on new projects in the oil-and-gas industry and other key sectors. The EBDR’s participation in the transnational Turkmenistan-Afghanistan-Pakistan-India gas pipeline project was a separate topic of discussion.

Highlighting our country’s exceptionally important role today in the sustainable development of the Central Asian region, the EBDR President spoke of his bank’s willingness to promote the fruitful cooperation, built on the principles of long-term and mutually beneficial relations.


State News Agency of Turkmenistan (TDH)