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Malaysia–Turkmenistan relations

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Malaysia–Turkmenistan relations
Map indicating locations of Malaysia and Turkmenistan

Malaysia
Turkmenistan

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. ^ H. Hasanov (8 December 2011). "Malaysia opens embassy in Turkmenistan". Trend. Archived from the original on 4 January 2014. Retrieved 3 January 2014.
  2. ^ "TURKMENISTAN OPENS EMBASSY IN MALAYSIA". The Permanent Mission of Turkmenistan to the United Nations. Archived from the original on 4 January 2014. Retrieved 3 January 2014.
  3. ^ "Malaysia, Turkmenistan look to increase bilateral ties". Central Asia Newswire. 27 July 2012. Archived from the original on 3 January 2014. Retrieved 3 January 2014.
  4. ^ "Malaysia-Turkmenistan To Sign Five Documents During Najib's Visit". Bernama, Najib Razak. 11 July 2011. Archived from the original on 3 January 2014. Retrieved 3 January 2014.
  5. ^ Sarban Singh (20 November 2008). "Malaysia keen to help Turkmenistan". The Star. Retrieved 3 January 2014.
  6. ^ a b "Malaysia invited to diversify Turkmenistan investment". New Straits Times. 7 February 2012. Archived from the original on 3 January 2014. Retrieved 3 January 2014.
  7. ^ "Huge investments in Turkmenistan reflects Petronas' confidence in long-term partnership: Azmin". www.thesundaily.my. Retrieved 31 March 2021.
  8. ^ "Malaysia seeks to expand halal food industry to Turkmenistan". Halal Focus. Ahlul Bayt (a.s.) News Agency. 18 June 2014. Retrieved 18 June 2014.


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