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Azerbaijani, Turkmen think tanks mull possibility of co-op

19 June 2014 16:22 (UTC+04:00)
Azerbaijani, Turkmen think tanks mull possibility of co-op

By Aynur Jafarova

Think tanks of Azerbaijan and Turkmenistan have mulled the possibility of establishing mutually beneficial cooperation.

The Center of Strategic Studies under the Azerbaijani President (SAM) and the research institutions of Turkmen mulled issues of establishing and further strengthening the bilateral relations and exchange of experience in training of specialists.

The discussions were held during the visit of the Azerbaijani delegation headed by SAM Director Farhad Mammadov to Ashgabat on June 17.

Turkmenistan and Azerbaijan, the two Caspian littoral countries with rich hydrocarbon reserves are interested in using alternative routes for delivering energy resources of the Caspian region to Europe.

The recent intensification of Turkmen oil transportation via Azerbaijan can be referred to as a brilliant example of mutually beneficial cooperation between the two countries.

The Azerbaijani State Customs Committee said the trade turnover between the two countries amounted to $88.15 million in 2013. More than half of this volume fell to the import of Turkmen production to Azerbaijan. Its volume amounted to $48.3 million. The exports from Azerbaijan to Turkmenistan amounted to $39.85 million.

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