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皇冠体育app UK Prime Minister鈥檚 Trade Envoy, Baroness Nicholson, arrived in Turkmenistan on 7 June for her first visit to the country. Her programme in Ashgabat included calls on senior members of the Cabinet of Ministers of Turkmenistan and leading a delegation of British companies to participate at the 5th meeting of the Turkmenistan United Kingdom Trade & Industry Council (TUKTIC) which took place in the Yyldyz hotel on 9 June 2016. Some 20 leading British companies, led by Baroness Nicholson and UK Co-Chairman of the Council, Ambassador Ronald Nash, took part.

Discussions during Baroness Nicholson鈥檚 meetings at the Cabinet of Ministers was very wide-ranging, and focused on the growing trade relationship between the UK and Turkmenistan; developments and opportunities in Turkmenistan鈥檚 financial, banking, education, science and energy sector; support for ongoing reforms in Turkmenistan; and neutral Turkmenistan鈥檚 important and constructive contribution to the region鈥檚 development.

Baroness Nicholson took the opportunity to encourage even more business between the UK and Turkmenistan, which is already flourishing under the Turkmenistan UK Trade & Industry Council.

During the third day of the UK Prime Minister鈥檚 Trade Envoy鈥檚 visit to Ashgabat, the 5th meeting of TUKTIC took place with Ambassador Ronald Nash, Co-Chair of TUKTIC giving the opening remarks and Baroness Nicholson the key note speech. 皇冠体育app Baroness noted that the 鈥淯K can be a trusted and world class partner for Turkmenistan鈥� and that the UK鈥檚 approach to building partnerships across the world can help Turkmenistan be competitive in a globalised world. 皇冠体育app seminar which followed involved all the visiting British companies and representatives from various Turkmen Ministries to discuss cooperation in a range of sectors such as finance, banking, education, science, energy, construction, aviation, communication and sports. Representatives from the UK underlined in particular their readiness to support Turkmenistan鈥檚 preparations for the Asian Indoor & Martial Arts Games in 2017.

During the event the British Ambassador Mr Sanjay Wadvani, and the Turkmen Vice Premier Mr Hojamammedov ceremonially signed a Double Taxation Agreement between the governments of the United Kingdom of Great Britain and Northern Ireland and Turkmenistan. Avoidance of double taxation between the two countries will give an impetus to the expansion of bilateral trade.

皇冠体育app 5th meeting of the Council on 9 June was followed in the evening by an Embassy reception celebrating the 90th birthday of Her Majesty Queen Elizabeth II. 皇冠体育app trade visit takes place over three days, and companies undertook further meetings on Friday 10 June 2016.