Presidents of India and Turkmenistan agree to strengthen ties

Sakshi Education

President Ram Nath Kovind and his Turkmenistan counterpart Gurbanguly Berdimuhamedow held delegation-level talks at Oguzhar palace Ashgabat and exchanged views on various regional and international issues.
Several MoUs were also signed between India and Turkmenistan during the talks. During the meeting state and prospects of bilateral relations between both the countries were discussed. Both the leaders also exchanged their views on various regional and international issues of importance. Both the countries have also agreed to intensify efforts to further strengthen the multifaceted partnership, Economic relations and bilateral ties.
The MoU signed between Financial Intelligence Unit of India and Financial Monitoring Service of Turkmenistan would strengthen the framework of economic cooperation between two countries.
Emphasising the significance of the International North South Transport Corridor (INSTC) and the Ashgabat Agreement on International Transport and Transit Corridor Turkmenistan President said the Chabahar port built by India in Iran could be used to improve trade between India and Central Asia. Turkmenistan President said his country is an important partner for India in the India - Central Asia Summit framework and both the countries have agreed to further enhance cooperation under the framework flowing from the India-Central Asia Summit.
The two countries agreed to do more to expand bilateral trade which has remained modest. President Ram Nath Kovind said that business communities must deepen their engagement, understand each other’s regulations and identify new areas of trade and investment.