THE ISSUES OF IMPLEMENTATION OF THE TAPI GAS PIPELINE PROJECT WERE DISCUSSED AT THE MEETING WITH THE DELEGATION OF THE ASIAN DEVELOPMENT BANK
Today, on December 17, a meeting was held between the delegations of Turkmenistan and the Asian Development Bank (ADB) in the format of a video conference.
The Turkmen side was headed by the Minister of Foreign Affairs of Turkmenistan Rashid Meredov. A large delegation from the Asian Development Bank was led by Werner Lipak, ADB Director General for Central and West Asia.
During the meeting, the effectiveness of the long-term cooperation of Turkmenistan with the Asian Development Bank, in particular in the field of energy, transport, as well as in support of the private sector and investment partnership, was emphasized.
Particular emphasis was placed on the implementation of the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. The importance of this project is highlighted, designed to have a beneficial effect on regional economic integration and socio-economic development in the Eurasian space.
The commitment of Turkmenistan to the promotion of transport and transit communication between the countries was emphasized, which is especially important from the point of view of the restoration of the economies of the countries of the world. They discussed the joint implementation of the North-South railway project, as well as a partnership in the power sector.
The parties reviewed the implementation of current projects and outlined priority areas of cooperation for the next year.