The Turkmen-Uzbek Business Forum in Ashgabat served as a platform for discussing the prospects for expanding economic cooperation between the two countries. This was reported by the news agency ‘Turkmenistan: Golden age’.

Participants discussed the introduction of new technologies, the exchange of expertise and opportunities for the joint production of building materials and equipment. Alisher Abdurahmanov, a representative of the Uzbek LLC ‘Pipe Metal’, highlighted the high potential for cooperation with Turkmenistan.

According to him, the company, established in 2022, has already reached a production volume of up to 20,000 tonnes of finished products per month. The company manufactures electric-welded and shaped pipes, rolled metal products and hot-rolled sheets that comply with state standards.

‘Pipe Metal’ is already working with partners in Kazakhstan and Tajikistan, and the first shipment of products to Turkmenistan marked the start of a new venture. Abdurahmanov emphasised that the development of Turkmenistan’s construction sector is creating high demand for high-quality materials, whilst the geographical proximity of the two countries helps to reduce logistics costs.

The representative of the Uzbek company expressed a willingness to expand supplies and develop a long-term partnership, noting that strengthening trade ties would contribute to the development of both countries’ economies.