The Turkmen-Japanese Business forum for private entrepreneurs was held in Japan

On March 27, 2024, a business forum between Turkmenistan and Japan was held in Tokyo, Japan, organized with the active assistance of the Japan External Trade Organization (JETRO).

The forum's opening featured speeches by the Chairman and CEO of JETRO Norihiko Ishiguro and the Minister of Trade and Foreign Economic Relations of Turkmenistan Begench Gochmollaev.

The speakers expressed their readiness to further strengthen relations, emphasized the importance of bilateral economic opportunities, and highlighted the necessity to establish a trade representative office of Turkmenistan in Japan and a JETRO representative office in Turkmenistan to bolster trade and economic cooperation between the nations.

Then the forum continued its work in three sessions.The first session of the forum focused on fostering cooperation in investment, industry, transport, and logistics between the two countries. The second session of the forum concentrated on developing cooperation within the private sector. The third session of the forum was dedicated to the presentation of the National Pavilion of Turkmenistan at the upcoming world exhibition EXPO-2025 in Osaka, Japan.

Bilateral meetings were held within the framework of the forum, where the Minister of Trade and Foreign Economic Relations of Turkmenistan met with the heads and representatives of the Japanese structures, as JETRO; Ministry of Economy, Trade and Industry of Japan; Japan Association for World Expo 2025, the Nippon Export and Investment Insurance; Russia-Eurasia Research Institute; Japan International Cooperation Agency, and representatives of the banking industry such as the leadership of “ING” and “Deutsche”.

These meetings aimed at further strengthening and expanding cooperation in various spheres and creating favorable conditions for business and investment development.

Memorandum of Cooperation between the Ministry of Trade and Foreign Economic Relations of Turkmenistan and JETRO was signed during the forum, marking an important step in strengthening and expanding economic ties between the two countries.