Turkey wants to sign preferential trade deal with Turkmenistan

Caglayan said on Friday that he suggested Turkmen officials to sign a preferential trade agreement with Turkey.

Turkey wants to sign preferential trade deal with Turkmenistan

Turkish State Minister Zafer Caglayan said on Friday that he suggested Turkmen officials to sign a preferential trade agreement with Turkey.

Caglayan, who has been holding talks in China, East Turkistan and Turkmenistan since last week, met with reporters in the Turkmen capital of Ashkabat and briefed them on his recent meetings.

Noting that 90 percent of the infrastructure work in Turkmenistan was carried out by Turkish contractors, Caglayan said the two countries should mutually implement a win-win strategy in their foreign trade.

Pointing to his proposal for the signing of a preferential trade agreement between Turkey and Turkmenistan, Caglayan said that he would prepare a draft study on such issue and send it to his Turkmen counterparts by the end of September.

Caglayan said a preferential trade agreement would contribute to the trade between the two countries and provide customs reduction in certain products.

He also said that Turkish banks could help Turkmen entrepreneurs in providing letters of guarantee.

"I offered Turkmen officials to examine our banking sector as well. Majority of our banks are first-class institutions," Caglayan said.



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Last Mod: 04 Eylül 2009, 17:34
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