Turkmenistan Moves Towards Integration in World Economy
OREANDA-NEWS. February 02, 2010. The International Investment Forum and the Commodity Exhibition of Turkmenistan has opened in the capital of the United Arab Emirates today. The forum is organized by the Chamber of Commerce and Industry of Turkmenistan together with the sectoral ministries and departments. The co-organizer is the IIR Holding LTD (UAE).
The day before the charter flight with the Turkmen delegation landed in the international airport in Abu Dhabi. The cabinet ministers, the high-ranking officials of the national ministries and departments, large enterprises, khyakimliks of the Turkmen capital and velayats, the representatives of the private sector and journalists participate in the forum in Abu Dhabi.
The main task of the first investment forum of Turkmenistan abroad is to present Turkmenistan’s achievements and investment potential to the international business community, promote establishing close trade and economic contacts and increase exports of Turkmen commodities.
The far-seeing foreign policy prioritizing establishment of the large-scale international dialogue has considerably strengthened the position of independent neutral Turkmenistan on the world arena. Nowadays, Turkmenistan is known to the world community as a dynamically developing country that can be rightfully proud of its accomplishments. Through adopting the best international practice Turkmenistan has created the national model of market economy, the sustainability of which is proved by the stable growth rates in the leading sectors.
This conditions keen interest of the large business companies and investors in establishing the full-scale dialogue aimed at achieving concrete results. Over 270 foreign participants representing the large investment companies, industrial corporations from the UAE, Great Britain, Sweden, Switzerland, Turkey, Italy, Canada, Russia, Kazakhstan, Uzbekistan, Latvia, Australia and other countries applied to the organizing committee for participation in the International Investment Forum of Turkmenistan.
During the sessions on the major trends in Turkmenistan’s investment policy the forum participants will exchange views on the prospects for mutually advantageous cooperation on further integration of the country in the global economy.
The forum agenda includes the important issues including investment management and enhancement of the of export potential of such sectors of Turkmen economy as oil and gas, power, water and textile industries, transport and telecommunications, construction, agro-industrial sector. The special plenary session will focus on the priorities of the development of the spheres of education, science and culture, health care, tourism industry that is a key trend in the policy of the Turkmen state.
The commodity exhibition will be held at the Centre of the Abu Dhabi National Exhibition Company (ADNEC) within the framework of the Investment Forum. Over 40 participants representing the leading sectors of Turkmen economy, the leading industrial enterprises and private companies will present their achievements and export potential. The pavilions of the Turkmen capital and all five regions of Turkmenistan will have a special place in the exposition.
The versatile exposition will allow presenting commodities as well as the prospects for the development of different sectors of Turkmen economy to the representatives of foreign business circles as well as provide the visitors with the thorough information on the macroeconomic situation and the development priorities in Turkmenistan.
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