ID :
92151
Sun, 11/29/2009 - 16:15
Auther :

Russian, Turkmenistani Presidents to discuss bilateral trade.

MOSCOW, November 29 (Itar-Tass) - President Gurbanguly Berdimuhammedow
of Turkmenistan is expected to make a working visit to Moscow Sunday as
part of a regular - and quite intense - Russian-Turkmenistani political
dialogue at top level, the Kremlin press service said.
"Russian leaders praise friendly relations with Turkmenistan and
attack significance to the further deepening and expansion of the mutually
beneficial cooperation in politics, trade, education, culture, and other
areas," the press service said. "Quite a few things have been done in
recent years to develop bilateral relations, which are obviously on the
rise now."
It is expected that Russian President Dmitry Medvedev and Gurbanbuly
Berdimuhammedow will focus their discussions on the buildup of trade and
economic relations.
The Kremlin press service recalled that Medvedev made an official
visit to Turkmenistan in July 2008.
In April 2007, Berdimuhammedow made a working visit to Moscow, and his
state visit to Russia took place from March 24 through March 26 this year.
Progress of multisided Russian-Turkmenistani cooperation is quite
obvious, the press service officials said.
Russia occupies position number one on the list of Turkmenistan's
trade partners, as it accounted for 39.2% of the country's foreign trade
last year. More specifically, it accounted for 50.5% in exports and 16% in
imports.
Last year's trade turnover /exclusive of Turkmenistani gas exports/
more than doubled in size and reached $ 910 million versus $ 453.7 million
in 2007.
Trade between the two countries continued growing in the first months
of this year in spite of the global economic and financial crisis. The
volume of transactions reached $ 832.9 million from January through
September, inclusive of $ 801.8 million of imports from Russia.
Russia mostly exports machinery, equipment, transport vehicles,
chemical products, metals and metal products, foodstuffs, and unprocessed
agricultural products.
Turkmenistani exports to Russia /exclusive of natural gas/ mostly
consist of chemicals, textiles, and mineral products.
At this moment, the sides are faced with the task of diversifying
their bilateral trade and building up the sector of high-tech products and
commodities with the high rate of processing, the Kremlin press service
said.
-0-kle


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