TURKMENISTAN AND EBRD DISCUSSED DEVELOPMENT OF THE PARTNERSHIP

On December 16, 2020, an meeting was held with the Head of the Representative Office of the European Bank for Reconstruction and Development in Ashgabat F. Turkmenoglu.

From the Turkmen side, the meeting was attended by the Minister of Finance and Economy M. Serdarov, heads and representatives of the Ministry of Foreign Affairs, the Central Bank, as well as the State Bank for Foreign Economic Activities of Turkmenistan.

Within the framework of the meeting, the priority areas of the current cooperation of Turkmenistan with the EBRD and issues of further expanding mutually beneficial partnership across a wide spectrum were considered. The parties also discussed issues related to the implemented and ongoing joint projects with the participation of this international financial institution.

Over the years of cooperation, much has been done in the development of the private sector, strengthening the financial base of public and private institutions. The EBRD stands ready to further facilitate the attraction of foreign direct investment to support the diversification of the economy of Turkmenistan.