Sunday, August 14, 2011

Eurasian News This Week

Russia-Turkmenistan - Russia and Turkmenistan are about to agree on new cooperation projects in the oil, gas and transport industries. Russia’s First Deputy Prime Minister Viktor Zubkov and Turkmenistan’s Deputy Prime Minister, Foreign Minister Rashid Meredov met on Friday and "confirmed the readiness of their countries to build up mutually beneficial cooperation in such priority areas as fuel and energy sector, agriculture, education and science, where there has been accumulated positive experience of teamwork." Turkmen president Gurbanguly Berdimuhamedov at the meeting with First Deputy Prime Minister of Russia Viktor Zubkov also said that cooperation with Russian partners has been and remains one of the strategic priorities of Turkmenistan's foreign policy.

According to the Turkmen Economics Ministry, Russia is currently second largest export trading partner of Turkmenistan and third largest importer of local products. In January-July 2011 Gazprom purchased more than 6.4 billion cubic meters of Turkmen gas.

On August. 10th, Russia’s Itera and Zarubehzneft signed a Caspian production sharing agreement with Turkmenistan for exploring the country’s offshore Caspian sector for oil and natural gas. Itera general director Vladimir Makeyev and Zarubezhneft CEO Nikolai Brunich signed a production-sharing agreement to develop jointly the 21st block of Turkmenistan's sector of the Caspian sea.

China-Turkmenistan - Also on August. 10th, Turkmen President Gurbanguly Berdimuhamedov met with Chinese Foreign Minister Yang Jiechi, during which Berdimuhamedov and Yang noted the great potential of cooperation between the two states in the energy industry, trade, economic, transport and communications and humanities. The two sides also discussed major issues and aspects of the upcoming state visit of President Gurbanguly Berdimuhamedov to China. According to Yang, the upcoming state visit will certainly be a milestone in the strengthening of the historical relations of friendship, brotherhood and cooperation between Turkmenistan and China.

Russia-Uzbekistan - Trade turnover between Uzbekistan and Russia grew by 22.3% year-on-year to US$3.144 billion in the first half of 2011, the State Statistics Committee of Uzbekistan said. Russia was the largest trade partner of Uzbekistan in the first half of 2011 and it share in Uzbekistan’s foreign trade turnover reached 26.1%.

China-Uzbekistan - Uzbek state joint-stock company "Uzbekistan Railways' plans to purchase 10 locomotives from China manufactured by CSR Zhuzhou Electric locomotive Co. ltd. Total purchase valued is at approximately $ 35 million.


Articles referred to in this post:

"Россия и Туркмения договариваются о новых проектах сотрудничества в нефтегазовой и транспортной сферах" (Russia, Turkmenistan to agree on new projects in oil, gas, transport)

"'ИТЕРА' И 'ЗАРУБЕЖНЕФТЬ' ПОДПИСАЛИ СОГЛАШЕНИЕ О СОВМЕСТНОЙ ДЕЯТЕЛЬНОСТИ ПО РАЗРАБОТКЕ 21 БЛОКА ТУРКМЕНСКОГО СЕКТОРА КАСПИЙСКОГО МОРЯ" ("Itera" and "Zarubezhneft" sign agreement on joint efforts to develop the 21st block of Turkmenistan's sector of the Caspian sea)

"Президент Туркмении провел переговоры с первым зампредом правительства России" (Turkmen president met with first deputy chairman of the Russian government)

"Президент Туркменистана встретился с главой МИД Китая" (Turkmen President meets with Chinese Foreign Minister)

"Президент Туркменистана нанесет государственный визит в Китай"
(President of Turkmenistan will pay a state visit to China)

"Товарооборот Узбекистана с Россией превысил $3,1 млрд" (Turnover between Uzbekistan and Russia reached $ 3.1 billion)

"Россия - крупнейший торговый партнер Узбекистана" (Russia - Uzbekistan's largest trading partner)

"Китай продаст Узбекистану электровозы на $35 млн" (China sells locomotives to Uzbekistan by $ 35 million)

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