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Significant international agreements were signed at the TIF 2025 venue in Avaza

Significant international agreements were signed at the TIF 2025 venue in Avaza

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19 Sep. 10:14

The first day of the Turkmenistan Investment Forum (TIF 2025) concluded successfully. Following intensive discussions, the parties concluded specific agreements, leading to the traditional bilateral document signing ceremony, as reported by Takyk correspondent.

The following documents were adopted:

Agreement on the provision of a grant under the "Trust Fund for the Prevention of Pandemic" between the Ministry of Finance and Economy of Turkmenistan and the World Bank Country Office in Turkmenistan and Kazakhstan.

A Memorandum of Understanding between the Ministry of Finance and Economy of Turkmenistan and the World Free Zones Organization (World FZO).

A Memorandum of Understanding between the Ministry of Industry and Construction of Turkmenistan and the international company Primetals Technologies Austria GmbH.
A Memorandum of Understanding between the Chamber of Commerce and Industry of Turkmenistan and the West London Chamber of Commerce (WLCC), England.

The signing of the agreements marked the forum's correct focus and progress in developing international cooperation in key sectors of the national economy, including fuel and energy, industry, transport, and agriculture.

The events of the first day demonstrated the firm commitment of representatives of the international economic community to developing business relations with Turkmenistan. In addition to sectoral discussions, the World Bank organized a thematic roundtable on "Turkmenistan's Development Prospects in the Context of Global Challenges." The dialogue explored effective tools for jointly addressing contemporary challenges.

The second day of the forum, September 19, will feature sessions on digital and green transformation, public-private partnerships, and climate change.