Turkish Contractors' Investments In Turkmenistan Will Be Worth 5 Bln Usd In 2008, Tuzmen

ANKARA - Turkish State Minister Kursad Tuzmen said Tuesday Turkish contractors' investments in Turkmenistan will be worth five billion USD in 2008.

Tuzmen met Turkmenistan's Deputy Chairman of the Cabinet of Ministers for Trade, Commerce, Textiles and Customs Hojamuhammet Muhammedow and an accompanying delegation in Ankara on Tuesday.

"The trade volume between Turkey and Turkmenistan has reached 700 million USD in 2007. Turkish contractors will make investments worth five billion USD in 2008," Tuzmen said.

Tuzmen told reporters that Muhammedow and he discussed bilateral relations and problems pertaining to the companies operating in both countries.

On his part, Muhammedow said that "Turkey and Turkmenistan are two brotherly countries. 480 Turkish firms operate in Turkmenistan".

(SOL-AY)

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