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Thursday, 21 July 2005
Turkmenistan and China Sign a Number of Bilateral Documents
Topic: Foreign Relations
20 July 2005. The official delegation of the People’s Republic of China (PRC) led by Vice-Premier of the State Council of the PRC Ms. Wu Yi has wrapped up its two-day visit to Turkmenistan. A number of bilateral documents have been signed as a result of talks held in Ashgabat.

As the Ashgabat correspondent of Turkmenistan.ru reports, today, Ms Wu YI was received by Turkmen president Saparmurat Niyazov. The meeting that lasted more than one hour was constructive and open and confirmed the friendly and promising nature of the bilateral relations, the Vise-Primer said at an expanded meeting with participation of both sides’ delegations.

“Regardless of changes in the international climate, we regard Turkmenistan as a friendly state and a reliable partner headed by the leader who is not only a politician-strategist but also an economist, Wu Yi said in particular. We had very fruitful talks and look forward to their continuation next year during President Saparmurat Niyazov’s visit to our country.”

In turn, the President of Turkmenistan noted good dynamics of economic partnership between the two countries. Niyazov stressed that the Chinese side provide a lot of help in such spheres as the repair of old oil wells in the country’s western region, establishment of new textile productions, cooperation in transportation and communication. “We have the pragmatic and mutually beneficial cooperation. This cooperation is free of any political or other motives and, thus, it has the great future,” the Turkmen leader said.

Underlining the business nature of the Chinese delegation’s visit, Saparmurat Niyazov urged the heads of state and private enterprises in the delegation of the PRC to actively cooperate with their Turkmen colleagues to raise the partnership to a new level.

The sides also noted that the trade turnover between Turkmenistan and China increased 5 times to US 79,6 mln in six months of 2005 as compared to the same period in 2000. 90% of trade accounted for imports of equipment from China.

As of July 2005, 37 investment projects are registered in Turkmenistan with participation of Chinese companies for the total sum of 383 million USD and 160 million (US $ 19,2 mln) Chinese Yuan.

A number of bilateral documents were signed in the end of talks, including the agreements: on economic and technical cooperation between the PRC and Turkmenistan, on granting a soft credit for the oil and gas sector of Turkmenistan, on cooperation in training of specialists of the Turkmen ministries and establishments and other agreements.

Internet newspaper Turkmenistan.Ru

Posted by countryturkmenistan at 3:05 PM
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