In this meeting, held on Tuesday, the two sides stressed the need for the establishment of a Tehran-Ashgabat trade center, the portal of Iran’s Trade Promotion Organization (TPO) reported.

The attendees also emphasized supporting the businessmen of the two countries in order to facilitate and accelerate trade relations and decided to form a working group to draw a one-year roadmap for future cooperation.

Welcoming the Turkmen side’s proposal for establishing a joint business center, Fatemi-Amin said: “We have established business centers in 16 countries and this is a good way to expand economic relations.”

He also stressed the need to define an action plan for the two countries’ trade activities to determine products and goods for import and export.

Taganovich for his part called on the Iranian government to hold joint exhibitions with Turkmen companies.

The official also suggested that an agreement be signed to increase trade relations between the two countries. He also called for the development of border markets.

Increasing Turkmenistan’s gas swap to Azerbaijan

On the same day, Iranian Oil Minister Javad Oji held talks with the Deputy Chairman of the Turkmenistan Cabinet for Oil and Gas Affairs Shahin Abdul Rahmanov during which the Turkmen side asked Iran to increase gas swaps to Azerbaijan and other neighboring countries.

Speaking to the press after the meeting, Oji said the 13th administration under President Raisi has made good achievements in the field of energy diplomacy over the last 10 months, adding, “An agreement was signed on swapping gas from Turkmenistan to the Republic of Azerbaijan through Iran, and currently 1.5 to two billion cubic meters of gas is being swapped annually.”

He mentioned a recent visit to the Republic of Azerbaijan in line with strengthening energy diplomacy, and said, “During the visit, the Azerbaijani side asked us to double the gas swap from Turkmenistan, which was welcomed by Iran.”

According to the minister, in the meeting with Abdul Rahmanov, the Turkmen side has also called on Iran to increase gas swaps to Azerbaijan and other neighboring countries, and the oil ministry has announced its readiness to do so.

Referring to the existence of the necessary infrastructure and extensive gas transmission network in the country to increase the swap, Oji said, “While negotiating with the Turkmen side the increase of the gas swap, one of the highlights of my talks with the Turkmen official was the revival of the Turkmen gas export contract with Iran.”

He stated that the payment of Iran’s gas dues to Turkmenistan was one of the topics discussed with the Turkmen side, adding, “According to the negotiations, the receivables from the gas exports to Iraq for gas debts will be transferred from Iraq to the account of the Turkmen side.”

Oji said that the export of petroleum and petrochemical products and the catalysts needed in the industry were other subjects discussed during the talks with the Turkmen official.

Boosting transportation ties

Meanwhile, Iran’s Minister of Transport and Urban Development Rostam Qasemi met with Director-General of the Agency for Transport and Communications of Turkmenistan Chakyev Mammethan Berdimyradovich and negotiated the promotion of transport and transit ties between the two countries.

Speaking in the meeting, Qasemi referred to the 50 percent increase in transportation between Iran and Turkmenistan following the previous agreements between the two countries, saying: “By reviewing transportation tariffs and fulfilling agreements between the two sides, traffic between the two countries can be further increased.”

Berdimyradovich for his part emphasized that there are no restrictions on the expansion of transportation ties between the two countries.

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Iranian Minister of Roads and Urban Development Rostam Ghasemi and Turkmen Vice-President Serdar Berdimuhamedow in a meeting on Saturday referred to an 84 percent increase of trade between Iran and Turkmenistan in 2021 and evermore expansion of bilateral relations.

During the meeting, Ghasemi and Berdimuhamedow discussed intelligent management in the transportation field by utilizing drones and unprecedented levels of bilateral trade.

Ghasemi expressed hope in the meeting that the outcome of his meeting with top Turkmen officials will materialize objectives of both countries, and argued that Iran-Turkmenistan agreements can secure both countries’ interests, and “we hope these meetings in Iran and Turkmenistan need to continue to ensure the continuation of this favorable trend.”

He focused on transiting Turkmenistan’s goods to India and other countries in the south, too, and said that this will be beneficial for both countries economically.

Serdar Berdimuhamedow, for his part, said that one of the best means for boosting bilateral cooperation is the activities of the Joint Iran-Turkmenistan Economic Commission.

Turkmen vice-president agreed with the Iranian minister on the point that transportation and transit fields are two major fields of cooperation between Iran and Turkmenistan, reiterating that the Iranian road and urban development minister had a good proposal on problem resolving in Sarakhs Border.

He evaluated the Iranian minister’s proposal on the transit of goods, too, as a very brilliant one, saying that in Turkmenistan “we have many projects underway for the expansion of the transportation network.”

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As part of the 14th exclusive exhibition of Iranian products in Turkmenistan, the event was attended by several high-ranking officials from the two countries as well as representatives of the Iran and Turkmenistan’s private sectors.

Over 60 Iranian companies participated in the 14th exclusive exhibition of Iranian goods and services which kicked off on Thursday in Turkmenistan’s capital Ashgabat and will wrap up on Saturday.

Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari who visited Turkmenistan at the top of a high-ranking delegation to attend the exhibition opening ceremony, met with Turkmenistan’s President Gurbanguly Berdimuhamedov on Thursday.

In the meeting, Berdimuhamedov expressed satisfaction with the holding of Iranian exclusive exhibition and the business forum, saying holding such events will facilitate and expand economic cooperation between the two countries.

Shariatmadari for his part noted that his country is interested in long term economic cooperation with Turkmenistan.

“President Hassan Rouhani’s future visit to Turkmenistan in April will open a new chapter in the relations of the two neighboring countries,” he added.

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