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EIB ready to launch operations in Turkmenistan following the signing of a framework agreement

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The European Investment Bank (EIB) regards the signing of a framework agreement with Turkmenistan as a prerequisite for launching operational activities in the country.

Olivier Kueni, Head of the EIB’s Regional Office for Central Asia, told Trend.

“Although our operations in Turkmenistan are currently limited pending the signing of a framework agreement, a recent mission to Ashgabat demonstrated a clear mutual interest in future cooperation. Projects aimed at improving connectivity and strengthening digital infrastructure could play an important role in this partnership,” he said.

Kueni explained that, despite the current limitations, recent contacts have demonstrated mutual interest on both sides, and projects in the areas of transport connectivity and digital infrastructure could form the basis for future cooperation once the necessary agreement has been concluded.

“Once we are able to commence operations, the EIB is likely to focus on supporting sustainable transport solutions, digital technologies and the application of strict environmental and social standards. Our aim is always to ensure that infrastructure projects not only improve connectivity but also contribute to long-term sustainable development,” he noted.

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