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Turkmenistan, Iran speeding up cooperation

Iranian President Ebrahim Raisi is going to pay a visit to Turkmenistan in order to attend the sixth summit of the Caspian littoral states, a sign indicating acceleration of bilateral ties.
Following last month visit by Turkmen President Serdar Berdimuhamedow to Tehran,
President Raisi plans to visit Ashgabat, capital city of Turkmenistan, on Wednesday.
Turkmenistan, Iran’s northern neighboring state, is one of the five landlocked neighbors in the Central Asia, including Tajikistan, Kyrgyzstan, Kazakhstan and Uzbekistan, which require secure borders and roads to conduct trade exchanges; and Iran is considered the fastest, shortest and safest route to link the five states to international waters.
Turkmenistan, having 1,200 kilometers joint border area with Iran, is the gateway to the Central Asia; thus, the country possesses a very special position in international trade of the region.
According to statistics of five-month trade exchanges between Turkmenistan and Iran from the initiation of the Raisi administration, the two countries’ trade has reached more than one million tons of commodities worth 300 million dollars, showing 80 percent increase in comparison to the same period last year.
It is expected that Iran’s ranking should be elevated among 10 most important trade partners of the Central Asian country.

Source: IRNA -  Date: (29 June 2022)