Japan’s Minister of Economy, Trade, and Industry, Ken Saito, and Turkmenistan’s Minister of Foreign Affairs, Rashid Meredov, organized a historic meeting on January 22. The meeting took place in the context of common goals and a shared resolve to strengthen the cooperative alliance between Japan and Turkmenistan.
A common goal of strengthening economic ties and trade was at the centre of the talks, demonstrating a commitment to the long-term growth of this bilateral alliance. The successful joint implementation of various projects, including the construction of chemical plants, gas turbine power facilities, and the supply of equipment and vehicles, was celebrated by both parties, according to a report from Turkmenistan’s Foreign Ministry.
The ministers stated they were willing to explore new areas of collaboration. The investigation of prospects in the area of energy transition, including projects centred on the production and delivery of hydrogen, was especially fascinating. This proactive approach is a big step toward sustainable collaboration because it strategically aligns with modern environmental and technological paradigms.
The announcement of the upcoming ministerial dialogue on the energy economy within the CA+Japan Dialogue framework was a pivotal point of discussion. This platform facilitates wide-ranging conversations and opens the door for the creation of a decarbonization roadmap. The focus was on the Joint Crediting Mechanism (JCM), which was created to support collaborative efforts to reduce greenhouse gas emissions and emphasize the dedication to environmental sustainability.
Recognizing the transformative potential of technology, both sides stressed the need to enhance trade relations by implementing an e-commerce system. By streamlining and improving economic interactions between the two countries, this technological integration hopes to create a more vibrant and effective trade environment.
The parties also signed agreements detailing the design and full construction of the Second Complex at the gasoline production factory in the province of Ahal, in addition to this crucial memorandum. The commitment to mutual growth and development was further cemented with the signing of framework agreements for the maintenance of a factory in the province of Ahal and technical services for the Marykarbamid factory.