2024-06-10 13:47:43
Following President Yoon Seok-yeol’s journey to a few Central Asian international locations, Korea and Turkmenistan signed the Commerce and Funding Promotion Framework (TIPF) on the tenth (native time), laying the institutional basis to comprehensively improve financial cooperation. A memorandum of understanding (MOU) on infrastructure and new metropolis cooperation was signed to put the muse for our firm’s participation in associated engineering and funding growth. President Yoon, who’s making a collection of visits to Turkmenistan, Kazakhstan, and Uzbekistan, will start to flesh out the ‘Ok Silk Street Cooperation Initiative’, a diplomatic technique specialised for Central Asia.
President Yoon, who arrived in Ashgabat, the capital of Turkmenistan, on the tenth, held a summit assembly with Turkmenistan President Serdar Berdimuhamedov and mentioned, “Cooperation within the development and infrastructure fields has performed an essential function,” including, “Petrochemicals, eco-friendly vegetation, and desulfurization amenities. “We determined to work collectively to make sure the success of large-scale development initiatives being pursued by Turkmenistan,” he mentioned. The federal government determined to actively assist the 2nd and third phases of cooperation with the signing of the 4th desulfurization facility fundamental settlement (F/A) for the Galkinish Gasoline Discipline between Hyundai Engineering and Turkmenistan Nationwide Gasoline Company. The 2 leaders additionally welcomed the Commerce and Funding Promotion Framework concluded between governments. As well as, the signing of a three-party MOU between the Export-Import Financial institution of Korea, Korea Commerce Insurance coverage Company, and the International Financial Financial institution of Turkmenistan will create a basis for monetary cooperation that may promote Korean corporations’ orders for large-scale development and plant initiatives ordered by Turkmenistan.
On at the present time, President Yoon and President Berdimukhamedov agreed that “a peaceable decision of the North Korean nuclear challenge and full denuclearization of North Korea will contribute to peace and prosperity not solely on the Korean Peninsula but in addition all over the world.” He additionally emphasised the significance of fulfilling worldwide obligations in accordance with UN Safety Council resolutions.
President Berdimuhamedov is the son of former President Gurbanguly Berdimuhamedov and was elected within the March 2022 presidential election. His father, former President Gurbanguli Verdi Muhammedov, presently serves because the nation’s Supreme Chief and Chairman of the Individuals’s Council.
Ashgabat = Reporter Jang Seok [email protected]
Reporter Lee Sang-heon [email protected]
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2024-06-10 13:47:43