{"id":177704,"date":"2022-04-05T21:07:20","date_gmt":"2022-04-05T15:37:20","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=177704"},"modified":"2022-04-05T21:08:31","modified_gmt":"2022-04-05T15:38:31","slug":"india-turkmenistan-sign-4-mous-for-cooperation-agree-to-expand-bilateral-trade","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-turkmenistan-sign-4-mous-for-cooperation-agree-to-expand-bilateral-trade\/","title":{"rendered":"India, Turkmenistan sign 4 MoUs for cooperation, agree to expand bilateral trade"},"content":{"rendered":"\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Indian President is on a visit to Turkmenistan. This is the first-ever visit of the President of India to independent Turkmenistan.<\/span><\/p>\n<h5><b>What are the key highlights from the India-Turkmenistan meet?<\/b><\/h5>\n<p><b>Agreements: <\/b><span style=\"font-weight: 400;\">The two countries <\/span><span style=\"font-weight: 400;\">signed four agreements, including in financial intelligence and disaster management, and agreed to expand bilateral trade and energy cooperation to further strengthen the multifaceted partnership.<\/span><\/p>\n<p><b>INSTC: <\/b><span style=\"font-weight: 400;\">President of Turkmenistan conveyed his readiness to join the <\/span><a href=\"https:\/\/forumias.com\/blog\/india-proposes-inclusion-of-chabahar-port-in-instc-international-north-south-corridor\/\"><span style=\"font-weight: 400;\">International North-South Transport Corridor (INSTC).<\/span><\/a> <span style=\"font-weight: 400;\">He proposed that the Kazakhstan-Turkmenistan-Iran railway line could be a linked corridor of the INSTC to streamline the movement of goods between Turkmenistan and India and beyond.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">India proposed that the <\/span><a href=\"https:\/\/forumias.com\/blog\/chabahar-port\/\"><b>Chabahar port<\/b> <\/a><span style=\"font-weight: 400;\">built by India in Iran could be used to improve trade between India and Central Asia.<\/span><\/p>\n<p><a href=\"https:\/\/forumias.com\/blog\/question\/consider-the-following-statements-regarding-turkmenistan-afghanistan-pakistan-india-pipeline-tapi1-it-is-a-natural-gas-pipeline-being-developed-by-the-galkynysh-ta\/\"><b>TAPI Pipeline<\/b><\/a><b>:<\/b> <span style=\"font-weight: 400;\">India suggested that issues related to the security of the Turkmenistan -Afghanistan-Pakistan-India (TAPI) pipeline may be addressed in Technical and Expert level meetings.<\/span><\/p>\n<p><b>UNSC: <\/b><span style=\"font-weight: 400;\">India thanked Turkmenistan for its support to India\u2019s permanent membership in a reformed and expanded UN Security Council as well as for India\u2019s initiatives as a non-permanent member of UNSC for the period of 2021-22.<\/span><\/p>\n<h5><b>What is the importance of Turkmenistan for India?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">\u200b\u200b<\/span><span style=\"font-weight: 400;\">Turkmenistan is an important partner for India in the <\/span><a href=\"https:\/\/forumias.com\/blog\/india-central-asia-virtual-summit\/\"><span style=\"font-weight: 400;\">India-Central Asia Summit <\/span><\/a><span style=\"font-weight: 400;\">framework, the first of which India hosted virtually in January 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Turkmenistan possesses very large reserves of natural gas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Turkmenistan is also strategically placed in Central Asia, and connectivity is something on which India feels a partnership with Turkmenistan will pay dividends.\u00a0<\/span><\/p>\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">This post is based on the article <\/span><b>\u201cIndia, Turkmenistan sign 4 MoUs for cooperation, agree to expand bilateral trade\u201d<\/b><span style=\"font-weight: 400;\"> published in <\/span><b>Indian Express <\/b>on<b> 2nd April 2022.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News? The Indian President is on a visit to Turkmenistan. This is the first-ever visit of the President of India to independent Turkmenistan. What are the key highlights from the India-Turkmenistan meet? Agreements: The two countries signed four agreements, including in financial intelligence and disaster management, and agreed to expand bilateral trade&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-turkmenistan-sign-4-mous-for-cooperation-agree-to-expand-bilateral-trade\/\">Continue reading <span class=\"screen-reader-text\">India, Turkmenistan sign 4 MoUs for cooperation, agree to expand bilateral trade<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,164,9],"tags":[10500],"class_list":["post-177704","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-international-relations-daily-factly-articles","category-public","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704744949},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/177704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=177704"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/177704\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=177704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=177704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=177704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}