BAKU, Azerbaijan, October 24
By Jeila Aliyeva - Trend:
Turkmenistan will open a trading house in Kazan of Russia’s Tatarstan, Trend reports with reference to Turkmenistan’s State News Agency.
This was stated during a meeting of the Cabinet of Ministers of Turkmenistan.
Turkmen goods are in great demand in foreign markets, and therefore it is planned to open a trading house in Kazan, the report says.
Relations with Tatarstan are of great importance to Turkmenistan. Branches of the leading companies of Tatarstan, such as KAMAZ, Tatneft, and IED-Holding, operate in Turkmenistan.
Previously, Turkmenistan and Russia's Tatarstan Republic have discussed the construction of various types of ships aimed at the development of a merchant fleet on April 6, 2020.
In general, Turkmenistan devotes attention to cooperation with Russia’s regions and cities, in particular with Tatarstan, Astrakhan, and Saint Petersburg.
Foreign trade turnover between Turkmenistan and Tatarstan (Russia) amounted to $33.2 million in 1Q2020.
Tatarstan exported rubber products and land transport to Turkmenistan for the total amount of $26.5 million in the reporting period.
In turn, during the reporting period, Tatarstan imported plastic products for the total amount of $6.7 million from Turkmenistan.
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