Turkmenistan to host I Caspian Economic Forum

Turkmenistan has begun preparations for the First Caspian Economic Forum. This was announced at a cabinet meeting by the Minister of Foreign Affairs of Turkmenistan Raşit Meredow.

He recalled the documents signed during the final Communique of the V Summit of the Heads of Caspian States held in Aktau (Kazakhstan) on August 12 and stated the need to create a legal framework for various areas of cooperation between riparian countries.

According to the Foreign Minister, a special organization committee was established for practical implementation of these initiatives. Key organizational issues have been reviewed and number of proposals including on the organization of the Forum and other events under its framework in Avaza National Tourist zone on August 12, 2019, on the date when the Day of Caspian Sea is traditionally observed, have been prepared at its first session.

To ensure preparation of the event, it is also proposed to establish a focal point in the ministry.