Ashgabat, Turkmenistan, May 12. The State Bank
for Foreign Economic Affairs of Turkmenistan and the UAE have
discussed strengthening economic and investment cooperation,
Trend reports,
citing the Embassy of UAE in Ashgabat.
The talks were held during a meeting between Rahimberdi
Jepbarov, Chairman of the State Bank for Foreign Economic Affairs
of Turkmenistan, and Ahmed Al Hameli, the UAE Ambassador to
Turkmenistan.
The State Bank plays a pivotal role in representing the Turkmen
government in international capital markets, facilitating the
acquisition of medium- and long-term foreign loans for key
investment projects. Additionally, the bank serves as the Office of
the Governor for Turkmenistan at the Islamic Development Bank.