An event took place in Ashgabat dedicated to the progressive development of trade and economic ties between Turkmenistan and the Republic of India. The meeting was organised by the Embassy of India in Turkmenistan jointly with the Chamber of Commerce and Industry of the country (CCI).
The primary objective of the dialogue was to discuss promising avenues for expanding bilateral trade and intensifying investment cooperation. The forum was attended by Azat Nazarov, deputy chairman of the CCI of Turkmenistan; Bandaru Wilsonbabu, Ambassador Extraordinary and Plenipotentiary of India to Turkmenistan; representatives of the Indian diaspora and the media; as well as more than 30 executives and senior managers from leading Indian companies operating in the mining, pharmaceutical, agricultural, transport, banking, and construction sectors.
In his speech, the head of the Indian diplomatic mission, Bandaru Wilsonbabu, emphasized the high attractiveness of the Turkmen market for Indian investors. The diplomat noted that, thanks to large-scale economic reforms over the past twelve years, India, with GDP growth of around 7.5%, is a rapidly growing economy in the world and expects to reach third place in the global rankings in the near future.
«India considers Turkmenistan a friendly and reliable partner, occupying an important place in its policy «extended neighbourhood». Our countries are linked by deep historical, cultural and civilisational ties. I am confident that thanks to the forward-looking policies and successful leadership of prime-minister Narendra Modi, President of Turkmenistan Serdar Berdimuhamedov and National Leader of the Turkmen People Gurbanguly Berdimuhamedov, cooperation between India and Turkmenistan will reach new heights in the future», – the diplomat said.
For his part, Azat Nazarov, deputy chairman of the Chamber of commerce and industry of Turkmenistan, emphasised the importance of further increasing mutual trade volumes and implementing new joint projects.
The activities of the Intergovernmental Turkmen-Indian Commission on Trade, Economic, Scientific, and Technical Cooperation were highlighted as a key instrument for coordinating and invigorating business dialogue.
The event confirmed the mutual interest of the business communities in both countries in building a long-term, stable, and mutually beneficial partnership.