Ulyanovsk Region Develops Cooperation with Turkmenistan

On 26 March, Governor Sergey Morozov met with Atadurdy Bayramov, Consul General of Turkmenistan to the Russian Federation, and discussed prospects for partnership.


“We are interested in cooperation with Turkmenistan. First of all, in the business sphere. Ulyanovsk region is one of the best regions in terms of favorable economic environment. Despite the pandemic in 2020, we signed 12 agreements on implementation of investment projects with the total investment of more than eight billion rubles. They created at least 750 new jobs. We are also ready to supply agricultural goods, as well as the ones made by aircraft, automotive, machine tools, and woodworking industries. We invite manufacturers to use the Ulyanovsk region's production sites to organize deliveries from Turkmenistan to Russia. In particular, we provide logistics and customs benefits at our Special Economic Zone,” said Sergey Morozov.

According to Atadurdy Bayramov, Consul General of Turkmenistan to the Russian Federation, the Turkmen Trading House, which was opened in Kazan on 11 March, will help in developing communication and business relations between business representatives of the two countries.

He commented, “Turkmenistan attaches great importance to future development of strategic partnership with Russia, especially at the regional level. The Volga and Kama rivers' basin and the regions located along this route played an important role for this task. We are interested in developing transport corridors at the Volga. We are grateful to the Russian side for supplies of the COVID-19 vaccine. Turkmenistan was one of the first places in Central Asia to register Sputnik V, and we are now actively vaccinating the population.”

During negotiations with Alexander Yakunin (President of the Ulyanovsk Region Chamber of Commerce and Industry) and Ruslan Gainetdinov (Chairman of the Board of Ulyanovsk Region Entrepreneurship Development Corporation), the parties outlined further steps necessary to develop trade and economic relations.

Closer cooperation in the field of education was discussed at the Ulyanovsk State Pedagogical University. More than 950 students from Turkmenistan are studying at the region's universities in 2021; four hundred and thirty-nine of them are doing a degree at the Pedagogical University.

Specialists of the Post Special Economic Zone "Ulyanovsk" presented its potential to the guest.

“PSEZ "Ulyanovsk" is our main platform to develop freight logistics and international trade. Cooperation with Turkmen partners is a promising one for implementation of logistics projects. Elitim, a resident-company of PSEZ, has established cooperation with Turkmen enterprises in fabric wholesale trade. Due to the changes in legal requirements to the item labeling, the region's Government promptly organized a labeling station at PSEZ, which helped to continue wholesale trading between our countries. In addition, we can start delivering goods along the Volga. Turkmenistan has access to the Caspian Sea, so we can also use the site in the river zone,” said Sergey Vasin, Director General of the Ulyanovsk Region Development Corporation.

The duty-free zone regime, which is available at Ulyanovsk PSEZ, allows to import goods here without paying customs duties, VAT and excise taxes. Goods can be imported to the Special Economic Zone from the territory of Russia and other countries of the Customs Union with a zero VAT rate.

It is planned that negotiations will continue at the international industrial trade fair "Innoprom. Big Industrial Week in Uzbekistan" on 5-6 April. The Ulyanovsk side will be represented by a delegation headed by Governor Sergey Morozov. A preliminary agreement was reached to organize bilateral meetings with potential partners from Turkmenistan.