BAKU, Azerbaijan, November 9
By Jeila Aliyeva - Trend:
Russia’s Balakovo Metallurgical Plant exported 82,000 of A500C class rebar with a diameter of 8 to 28 millimeters to Turkmenistan, Trend reports with reference to Turkmenportal information portal of Turkmenistan.
The exported products were shipped by water transport, including through the Balakovo port.
Balakovo Metallurgical Plant has a capacity of more than 1 million tons of long products per year, located in the city of Balakovo of Russia’s Saratov Oblast.
As earlier the Ministry of Foreign Affairs of Russia told Trend, Turkmenistan and Russia are preparing to sign a contract on a program of economic cooperation of two countries for 2020-2022.
The above-mentioned program will determine priority areas of cooperation in energy, transport, construction, and agriculture.
In general, the intergovernmental Turkmen-Russian Commission on Economic Cooperation and its high-level group on trade and investment support an important role in the development of trade and economic relations between the two countries.
About 30 agreements were signed between the countries to develop trade and economic cooperation.
Trade and economic cooperation between Russia and Turkmenistan, which is the most important component of bilateral relations, is characterized by multidimensional and progressive development.
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