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Azerbaijan and Turkmenistan discuss creation of bilateral Business Council (PHOTO)

GenevaTimes by GenevaTimes
July 8, 2026
in Europe
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Azerbaijan and Turkmenistan discuss creation of bilateral Business Council (PHOTO)
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Azerbaijan and Turkmenistan discuss creation of bilateral Business Council (PHOTO)

BAKU, Azerbaijan, July 8. An Azerbaijani
delegation led by Minister of Economy Mikail Jabbarov paid a
working visit to Turkmenistan.

The press service of the Ministry of Economy said in a
report.

During the visit, Turkmen President Sardar Berdimuhamedov
received an Azerbaijani delegation. At the meeting, they exchanged
views on further strengthening relations between Azerbaijan and
Turkmenistan based on the principles of friendship, brotherhood,
and mutual respect, diversifying business partnerships, promoting
joint initiatives, and expanding regional economic and trade
cooperation.

The National Leader of the Turkmen people and Chairman of the
People’s Council of Turkmenistan, Gurbanguly Berdimuhamedov,
received Azerbaijan’s Minister of Economy Mikayil Jabbarov.

The meeting highlighted the dynamic development of
Azerbaijan-Turkmenistan relations as a result of the political will
of the heads of state. It was noted that the state visit of the
President of Turkmenistan to Azerbaijan with a large delegation
last month, as well as the documents signed between the two
countries with the participation of the heads of state, made a
significant contribution to elevating cooperation to a new
level.

The parties discussed priority areas of economic cooperation,
large-scale projects being implemented to diversify interaction,
and new partnership opportunities.

As part of the visit, Azerbaijan’s Minister of Economy Mikayil
Jabbarov met with Deputy Chairman of the Cabinet of Ministers of
Turkmenistan Guvanch Agajanov.

During the meeting, it was noted that the rich energy potential
and natural resources of both countries provide a solid foundation
for developing economic partnership. The parties discussed
prospects for transporting energy resources to international
markets, improving the legal and contractual framework in this
field, and implementing joint energy projects.

It was emphasized that the favorable geographical positions of
Azerbaijan and Turkmenistan create significant advantages for the
development of international transport corridors. The parties
underlined the importance of transport and energy security issues
on the global agenda and noted both countries’ contributions to
ensuring regional and global energy and transport security.

The meeting also highlighted the importance of developing
humanitarian ties alongside economic cooperation. In this regard,
it was noted that the Days of Turkmen Culture held in Azerbaijan
last year contributed to further strengthening friendly relations
between the two peoples.




During the business visit to Turkmenistan, Minister of Economy
Mikayil Jabbarov also met with Deputy Chairman of the Cabinet of
Ministers of Turkmenistan and Turkmen co-chair of the Joint
Intergovernmental Commission between Azerbaijan and Turkmenistan,
Nokerguly Atagulyev. The parties exchanged views on increasing the
efficiency of the Joint Intergovernmental Commission’s activities,
expanding trade and investment ties, developing cooperation in
industry, transport, infrastructure and tourism, and advancing
projects of mutual interest.

As part of the business visit, the ninth meeting of the Joint
Intergovernmental Commission between the Republic of Azerbaijan and
Turkmenistan was held.

Speaking at the meeting, the Azerbaijani co-chair of the
Commission, Minister of Economy Mikayil Jabbarov, stressed that the
strategic course defined by the heads of state determines the
development of bilateral relations in all areas. He noted that the
Joint Intergovernmental Commission serves as an important platform
for systematically expanding cooperation in trade and economic
relations, investment, industry, energy, transport, logistics and
other sectors. It was emphasized that Azerbaijan is ready to
develop cooperation aimed at promoting mutual investments,
intensifying ties between business communities and implementing
joint projects. The minister also expressed gratitude to
Turkmenistan for the construction of a mosque complex in the city
of Fuzuli as a brotherly gift, noting that the project is a vivid
example of the friendship and brotherhood between Azerbaijan and
Turkmenistan.

For his part, the Turkmen co-chair of the Commission, Deputy
Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly
Atagulyev, emphasized that relations between the two countries are
based on mutual trust and strategic partnership. He noted that the
activities of the Joint Intergovernmental Commission are of great
importance for expanding cooperation into new areas, accelerating
the implementation of existing projects and further deepening
economic ties. Nokerguly Atagulyev also expressed gratitude for the
Dostlug oil tanker gifted by Azerbaijan to Turkmenistan,
noting that this initiative contributes to further strengthening
relations between the two countries.

The meeting also highlighted the initiative to establish a
bilateral Business Council aimed at expanding economic cooperation
and diversifying export routes between the two countries.

Following the meeting, a protocol was signed providing for
enhanced cooperation in trade and economic relations, energy,
transport, agriculture, food security, environmental protection,
water infrastructure and other priority areas.

As part of the visit, Minister of Economy Mikayil Jabbarov also
met with Deputy Chairman of the Cabinet of Ministers of
Turkmenistan and Minister of Foreign Affairs Rashid Meredov.

The meeting discussed prospects for expanding economic dialogue
and business partnership between Azerbaijan and Turkmenistan. The
parties exchanged views on developing cooperation in the energy
sector, implementing joint projects and other areas of mutual
interest.



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