ArmInfo. Nerses Karamanukyan, Vice-President of the Union of Manufacturers and Businessmen of Armenia (UMBA) received Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Armenia Muhammetgeldi Ayazov.
According to the press service of the UMBA, the parties discussed the possibilities of further expansion of the Armenian-Turkmen economic cooperation.
Noting the significant growth in mutual trade, Nerses Karamanukyan said that Armenian entrepreneurs see good prospects for deepening trade and economic cooperation with Turkmenistan. "Between our countries there is a large untapped potential in the energy sector, agriculture, light industry, pharmaceuticals, jewelry, etc.", said the UMBA's Vice-President. At the same time, he presented to the Ambassador the programs implemented by the Union.
In turn, Muhammetgeldi Ayazov stressed that economic cooperation is one of the most important areas in the Armenian-Turkmen relations.
"Over the 4 and a half years of diplomatic activity in Armenia, we have managed to implement memorable bilateral initiatives, but there are still numerous unrealized opportunities," he said.
According to the diplomat, the implementation of logistics programs, which are currently under discussion, can contribute to the further development of bilateral trade and economic ties. He attached importance to close cooperation between the Armenia's UMBA and Turkmenistan as an important factor in enhancing economic ties.
According to the source, the Ambassador extended an invitation to the UMBA's President Arsen Ghazaryan to participate in the upcoming official opening of the newly built city of Arkadag on June 29 and in the events organized on this occasion.
It should be noted that according to the RA Statistical Committee, the foreign trade turnover between Armenia and Turkmenistan in January-April 2023 increased by 13.7% to $6.9 million. In particular, exports increased by 36.2% to $5.7 million, while imports decreased by 36.2%, amounting to $1.2 million
