Turkmenistan (IP) - Iran's Minister of Roads and Urban Development reported an agreement to export technical and engineering services to Turkmenistan, worth $400 million.

Iran PressAsia:  Iran's Minister of Roads and Urban Development left Tehran on Thursday to Ashgabat to hold the 17th Joint Commission on Economic Cooperation between the Islamic Republic of Iran and Turkmenistan which would be underway from November 17 to 18.

During the 17th Iran, Turkmenistan Joint Economic Commission held in Ashgabat on November 17, Mehrdad Bazrpash said the agreement will be concluded during the commission.

Bazrpash reported about concluding the contract for road construction in Turkmenistan by an Iranian company with a value of $400 million.

Bazrpash also added the agreement for gas and power swaps between Iran and Turkmenistan to the agreements reached during the visit. 

“Iran has a long land border with Turkmenistan and three Provinces of Razavi Khorasan, North Khorasan, and Golestan have borders with this country and one of the main agenda of the negotiations in the 17th Joint Economic Commission is the border markets,” he added in an interview.

Meanwhile, the President of Turkmenistan, Serdar Berdimuhamedow sent a message to the ‘Iran Project’ Exhibition which was opened today at the Chamber of Commerce and Industry of Turkmenistan and continues until Sunday, November 19.

In his message, Serdar Berdimuhamedow emphasized the development of bilateral trade, seeking new forms of interaction and the implementation of joint projects in promising fields.

He further pointed to the prospects that open up in partnership with Iran, especially along the Kazakhstan-Turkmenistan-Iran Railway.

"There is no doubt that future negotiations and agreements will be a prerequisite for strengthening and expanding the cooperation between the businessmen of the two neighboring countries in new fields, as well as the subsequent implementation of projects of common interest", Serdar Berdimuhamedow said.

As the Iranian road minister says, about 300 businessmen from Iran have participated in the exhibition. 

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