AWAZA, Turkmenistan, August 4. On the sidelines of the Third UN Conference on Landlocked Developing Countries in Awaza, Turkmenistan, the World Bank rolled up its sleeves and got down to brass tacks in high-level talks aimed at boosting investment cooperation in the transport sector, Trend reports.
Galina Romanova, Head of the Department of Public Finance and Economic Policy at Turkmenistan’s Ministry of Finance and Economy, met with Alexander Prodan, Chief Economist for Transport at the World Bank. The discussions centered on financing mechanisms for the creation and development of international transport corridors critical to improving regional connectivity.
Both parties underscored the criticality of synergistic policy
frameworks for infrastructure capital allocation and the long-term
viability of transportation initiatives. Focused emphasis was
directed towards initiatives that amplify Turkmenistan’s strategic
positioning as a pivotal nexus for international cargo and traveler
transit.
The convening underscored the synergistic engagement in fortifying
economic alliances and enhancing accessibility to international
markets for landlocked nations via robust and contemporary
logistics infrastructures.
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