Malaysia–Turkmenistan relations explained

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Malaysia–Turkmenistan relations refers to foreign relations between Malaysia and Turkmenistan. Malaysia has an embassy in Ashgabat,[1] and Turkmenistan has an embassy in Kuala Lumpur.[2]

Economic relations

Both Malaysia and Turkmenistan are looking to increase bilateral ties especially on economic relations.[3] A number of documents have been signed by both sides to forge closer ties between them.[4] In addition, a number of Malaysian companies have shown interest in the development of tourism and infrastructure between the two countries.[5] In 2012, the President of Turkmenistan Gurbanguly Berdimuhamedov invited more Malaysian firms to explore business opportunities in Turkmenistan.[6] Malaysian state-owned oil and gas company Petronas has been operating within the country since 1996,[6] with investments in Turkmenistan totaling US$10 billion as of 2019.[7] Malaysia also seeks to expand its halal food trade, as well as total trade between the two countries. In 2013 this trade amounted to $33.13 million compared to $11.68 million in 2012 and $24.27 million in 2011.[8]

References

  1. Web site: Malaysia opens embassy in Turkmenistan. H. Hasanov. Trend. 8 December 2011. 3 January 2014. https://web.archive.org/web/20140104003006/http://en.trend.az/regions/casia/turkmenistan/1966841.html. 4 January 2014. dead.
  2. Web site: TURKMENISTAN OPENS EMBASSY IN MALAYSIA . The Permanent Mission of Turkmenistan to the United Nations . 3 January 2014 . https://web.archive.org/web/20140104043713/http://www.turkmenistanun.org/index.php/homepage/politics/122-turkmenistan-opens-embassy-in-malaysia . 4 January 2014 . dead .
  3. Web site: Malaysia, Turkmenistan look to increase bilateral ties. Central Asia Newswire. 27 July 2012. 3 January 2014. https://web.archive.org/web/20140103180628/http://www.universalnewswires.com/centralasia/viewstory.aspx?id=12501 . 3 January 2014. live.
  4. Web site: Malaysia-Turkmenistan To Sign Five Documents During Najib's Visit. Bernama, Najib Razak. 11 July 2011. 3 January 2014. https://web.archive.org/web/20140103233705/http://www.1malaysia.com.my/news_archive/malaysia-turkmenistan-to-sign-five-documents-during-najibs-visit/ . 3 January 2014. live.
  5. Web site: Malaysia keen to help Turkmenistan. Sarban Singh. The Star. 20 November 2008. 3 January 2014.
  6. Web site: Malaysia invited to diversify Turkmenistan investment. New Straits Times. 7 February 2012. 3 January 2014. https://web.archive.org/web/20140103230224/http://www.nst.com.my/latest/malaysia-invited-to-diversify-turkmenistan-investment-1.43211 . 3 January 2014. live.
  7. Web site: Huge investments in Turkmenistan reflects Petronas’ confidence in long-term partnership: Azmin. 2021-03-31. www.thesundaily.my. en.
  8. Web site: Malaysia seeks to expand halal food industry to Turkmenistan. Ahlul Bayt (a.s.) News Agency. Halal Focus. 18 June 2014. 18 June 2014.

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