According to RIA Novosti, Turkmenistan President Gurbanguly Berdimukhamedov pointed out during his meeting with Taimuraz Boloyev, President of Russia’s BTK Light Industry Company, on November 16 that Russia is Turkmenistan’s long-term strategic partner. Partners, Russian businesses make a huge contribution to Turkmenistan’s economy. Boloyev expressed the hope to strengthen all-round cooperation with Turkmenistan in the textile industry, from obtaining raw materials to creating joint ventures for the production of finished products. The President of Turkmenistan encourages BTK Light Industry Company to set up a representative office in Turkmenistan to carry out cooperation.
This is the second time that the President of Turkmenistan has met with Boloyev. The first time was in July this year.
The profits generated by Turkmenistan’s textile industry are second only to the fuel and energy industry. Turkmenistan produces more than 1 million tons of cotton every year. Russia and Turkmenistan strengthen cooperation in textile industry
