Iran, Turkmenistan agreements for transport, trade, and energy cooperation

Iran, Turkmenistan agreements for transport, trade, and energy cooperation

Tehran, November ۱۹ (MRUD NEWS) —The ۱۷th Iran, Turkmenistan Joint Economic Commission concluded yesterday on November ۱۸ and the two sides reached agreements as per the negotiations in six different committees. , the agreement for construction of electric power transmission by Iran was reached through bartering gas with a value of $۲۰۰ million. Also, the initial agreement for the export of $۱۴۰ million electric power equipment to Turkmenistan was reached, and the contract was signed between Tavanir and the Turkmen side. the two sides decided to hold a multilateral meeting between Kazakhstan, Turkmenistan, Iran and Oman within the next two months with the aim of reducing transit tariffs and freight transit between the countries along the International North-South and East-West transport corridor. In the end, the two sides signed the MoU of the ۱۷th Joint Economic Commission and two other documents including a memorandum of cooperation for road construction and ...

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