Turkmenistan и Austria will develop economic collaboration - This was reported by the Austrian Ministry of Foreign and International Affairs. In particular, it was noted that in recent years there have been many initiatives to develop partnerships between the two countries. Already operate on a regular basis missions of Austrian companies in Turkmenistan - They are organized by Austrian Chamber of Commerce. Regular meetings are held of the Turkmen-Austrian intergovernmental commission on economic issues.
Active interest of Austrian companies in Turkmenistan concerns such areas as digitalization, environmental and medical technologies, energy (primarily renewable sources), Infrastructure, agriculture and eco-technology, pharmaceuticals and food industry.
Speaking of the development of partnership in the trade and economic sector, the Austrian ministry noted that The Union of Industrialists and Entrepreneurs of Turkmenistan has a representative office in Vienna. This means that this type of partnership already has a solid base, and bilateral economic cooperation will develop even more actively in the future.
Turkmenistan and Austria are likely to work together to create innovative industries in Turkmenistan's economic zones, and intend to build a plant that will produce fertilizers.