Iran's President Ebrahim Raisi and his Turkmen counterpart Serdar Berdimuhamedow discussed developing political and economic relations in a phone conversation.
Raisi expressed satisfaction with the growing trade between the two countries and urged for the implementation of the agreements made at their joint economic commission, the Iranian president’s official website said on December 19.
The Turkmen president expressed satisfaction with the developing political, economic and cultural relations between the two countries, and said that Turkmenistan was ready to implement agreements in the fields of energy, transportation, transit and cultural activities.
The two leaders noted that Turkmen-Iranian trade and economic relations are being actively pursued in three main directions: natural gas, electricity and transport.
The two sides highlighted the issue of supplying Turkmen natural gas to Iran and then to third countries through the swap system as "one of the main areas of cooperation".
Electricity supply was also identified as one of the "priorities" of the Turkmen-Iranian partnership.
Discussing transport, which was described as "important for boosting interstate cooperation", the Turkmen leader noted that his country attaches great importance to expanding cooperation with Iran in this area, and in particular to increasing the volume of freight traffic.
Earlier, in a letter sent to his Turkmen counterpart, the Iranian president said that he was happy with the progress in his country's relations with Turkmenistan, the Turkmen news website Orient.tm reported on November 30.
Raisi expressed satisfaction with the successful 17th meeting of the Turkmen-Iranian Intergovernmental Commission on Economic Cooperation and the exhibition “Iran Proze”, both of which were held recently in the Turkmen capital Ashgabat.
"The signing of the relevant protocol and a number of other documents on bilateral cooperation at the end of the Intergovernmental Commission meeting reflects the commitment of the leaders of the two countries to develop relations in all areas," the letter said.
Raisi stressed that "over the past two years, the economic partnership between Ashgabat and Tehran has acquired a trend of promising development".
On November 18, the Turkmen president held talks with visiting Iranian Minister of Roads and Urban Development Mehrdad Bazrpash to discuss prospects for developing cooperation between the two countries.
The two sides emphasised that a special place was given to trade and economic contacts on the agenda of interstate partnership, and noted that energy, transport, communications, construction and agriculture were "key areas of cooperation".
It was also noted that Iran occupies one of the leading positions in Turkmenistan's foreign trade.
The sides expressed confidence that the relations between Ashgabat and Tehran will continue to be based on the “principles of equality, mutual benefit and long-termism”.
Iran and Turkmenistan signed agreements for the construction of roads and power generation facilities, during the visit of Iran's Road Minister Mehrdad Bazrpash to Ashgabat to attend a session of the Iran-Turkmenistan Joint Economic Commission.
The Iranian minister said that Iran has committed to help build 242 km of roads in Turkmenistan, valued at approximately $500 million, and added Iran would export power transmission lines, valued at $200 million, and other power generation facilities worth $140 million.
Bazrpash noted that the roads to be built would form part of the north-south and east-west transport corridors, adding that a four-way meeting including Kazakhstan, Turkmenistan, Iran and Oman, would be held within the coming two months to discuss transit and tariff issues.
Bilateral trade between Iran and Turkmenistan is expected to reach $600 million by the end of 2023. The main areas of cooperation between the two countries include fuel, energy, transport, communications, construction and agriculture.
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