Turkmenistan, Germany discuss joint business projects

By  Trend

The Turkmen-German business forum has been recently held in Ashgabat, the Turkmen Foreign Ministry said in a message.

The event was organized by the Chamber of Commerce and Industry of Turkmenistan and the representative office of the German economy for Central Asia, the message said.

According to the message, some 70 big German companies took part in the meeting. Among those companies are Robert Bosch GmbH, Wilhelm Layher GmbH & CO.KG, MC Bauchemie Müller GmbH & Co.KG, Trubatec GmbH, Germany Trade and Invest, Sparkassenstiftung.

"The long-term bilateral cooperation has recently renewed," Andreas Peschke, spokesman for the German Foreign Ministry, said.

Around 167 investment projects and contracts with German capital totaling $540 million and about 555 million euros were registered in Turkmenistan.

The volume of trade turnover between Turkmenistan and Germany amounted to $306 million in 2015.