Ashgabat hosts business forum to deepen Turkmen-Indian cooperation

A business forum aimed at deepening trade and economic ties between Turkmenistan and India was held in Ashgabat. The event was organised by the Embassy of India in Turkmenistan together with the country's Chamber of Commerce and Industry (TPPT).

The main goal of the dialogue was to discuss promising areas for expanding bilateral trade and boosting investment cooperation. Participants included TPPT Deputy Chairman Azat Nazarov, Indian Ambassador Bandaru Vilsonbabu, representatives of the Indian diaspora and the media, and more than 30 executives and senior managers of leading Indian companies in mining, pharmaceuticals, agriculture, transport, banking and construction.

Ambassador Vilsonbabu stressed the high attractiveness of the Turkmen market for Indian investors. He noted that, thanks to large-scale economic reforms over the past twelve years, India, with GDP growth of around 7.5%, is one of the world's fastest-growing economies and expects to move into third place in the global ranking in the near future. Nazarov emphasised the importance of further increasing mutual trade and implementing new joint projects.