Iran to Expand Turkmenistan’s Electricity Industry

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Written By Farid Shojaei

Turkmenistan Foreign Minister Rashid Meredov said on Sunday that his country will work together with Iranian government to expand Turkmenistan’s electricity industry. Currently, Iran’s electricity industry is leading in the Middle East region. Islamic Republic has managed to export electricity to its neighboring countries including Afghanistan, Pakistan, Iraq, Azerbaijan, Armenia and Turkmenistan.

“We have negotiated with Iranian government over expanding Turkmenistan’s electricity industry. According to mutual agreements, Turkmen experts will be able to receive support and consulting from Iranian analysts and technicians.” Rashid Meredov told reporters after a meeting with Iranian Energy Minister in Tehran.

Meredov went on to highlight the importance of such partnerships for the future of his country. “We believe the mutual partnerships with countries like Islamic Republic of Iran are truly useful for both nations, and these developments can reinforce the economy of Turkmenistan.”

Rashid Meredov also invited Iranian businessmen and private sector to invest in Turkmenistan. “We are ready to host Iranian companies and institutions.” Currently, Iran is experiencing hard moments since it has been sanctioned by Western countries. So, establishing mutual relations with Turkmenistan can help Iran to tackle international hurdles.

It’s worth mentioning that Iran and Turkmenistan have had relations since Turkmenistan’s independence from the Soviet Union in 1991. Iran was the first nation to recognize Turkmenistan as an independent nation. However, the Caspian Sea territorial boundaries are a cause of tension between the two.