AKIPRESS.COM - Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with Minister of Economy, Trade and Industry of Japan Ken Saito on January 22. The parties expressed their focus on strengthening trade and economic ties between Turkmenistan and Japan, and stressed the importance of long-term development of the partnership, the Foreign Ministry of Turkmenistan reported.

The successful joint implementation of various projects was noted, including the construction of chemical plants, gas turbine power plants, as well as the supply of equipment and vehicles. The parties expressed their readiness to seek new opportunities for cooperation, especially in the field of energy transition, including the production and transportation of hydrogen.

Particular attention was paid to the holding of the next Ministerial dialogue on the energy economy within the framework of the CA+Japan Dialogue, the preparation of a Roadmap in the field of decarbonization, the Joint Crediting Mechanism (JCM), the introduction of an e-commerce system to improve trade relations, and joint work on technologies for the development and transportation of hydrogen. These initiatives are aimed at deepening cooperation between Turkmenistan and Japan in such promising sectors as economy, commerce, industry, energy and others.

The parties signed the Memorandum of cooperation between the Ministry of Foreign Affairs of Turkmenistan and the Ministry of Economy, Trade and Industry of Japan on the implementation of energy transitions, the Memorandum of Understanding for the design and full construction of the Second Complex at the factory for the production of gasoline from gas in Ahal province, Memorandum of Understanding on the implementation of technical services and provision of the Marykarbamid factory, and the Memorandum of Understanding on Framework Agreements for the maintenance of a factory in Ahal province.