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Turkmenistan, Georgia to mull business ties

Monday, November 24
The next meeting of Turkmenistan-Georgia intergovernmental commission on economic cooperation is expected to be held in Tbilisi on Nov.26-28, Turkmen media reported.

The issues related to the preparations were discussed during a meeting of Turkmen Cabinet of Ministers.

President Gurbanguly Berdimuhamedov drew the attention to the development of interstate relations with Georgia and emphasized the important role of the intergovernmental commission as an effective mechanism of strengthening and expanding the bilateral fruitful partnership.

Georgia's official representatives previously said that relations in the fuel and energy fields, in particular, participation in the Azerbaijan-Georgia-Romania Interconnector (AGRI) and other major international projects, can be one of the key areas of cooperation with Turkmenistan.

Experts believe that the route to Europe via the Caspian Sea appears to be the best option for Turkmenistan, which has the fourth largest natural gas reserve in the world.

Once implemented, the Trans-Caspian pipeline infrastructure will make it possible to connect Caspian Sea resources to transnational projects through Azerbaijan.

In its energy strategy, Turkmenistan adheres to the principle of diversification of energy export routes to world markets including in the direction of Europe.

Official representatives of Georgia earlier stressed that their country is the important part of the South Caucasus energy transportation corridor and is ready to ensure a reliable and safe energy transit through its territory from the Caspian Sea region and Central Asia.