Trade

AWAZA, TURKMENISTAN – Eswatini and Turkmenistan have started talks to change the zero trade status between the two countries.

High level discussions, led by the Ministry of Foreign Affairs and International Cooperation, were held yesterday to initiate a relationship aimed at fostering mutual economic and technological growth for both economies.

The Minister for Foreign Affairs and International Cooperation Pholile Shakantu, outlined key areas for collaboration, with a focus on information communication and technology (ICT), agriculture, mining, manufacturing, infrastructure and energy, among others.

The country was represented by the ministers for ICT Savannah Maziya, Commerce, Industry and Trade Manqoba Khumalo, as well as Public Works and Transport Chief Ndlaluhlaza Ndwandwe. Also present were the country’s Ambassador to the United Nations Thami Dlamini and the Chief Officer in the King’s Office Chief Mgwagwa Gamedze.

During the deliberations, Eswatini expressed keen interest in partnering with Turkmenistan on space and satellite technology, data centres and the manufacturing of complex products such as SIM cards and electronic devices. To formalise this commitment, Eswatini will initiate official communication through its Foreign Affairs Ministry to facilitate the signing of a cooperation agreement.

The minister said the country would send correspondence to confirm Eswatini’s participation in an upcoming ICT exhibition in Turkmenistan in November, underscoring the nation’s enthusiasm for deepening technological ties. Energy cooperation was also highlighted as a priority, with Eswatini seeking to bolster initiatives in ICT and other sectors through sustainable energy solutions.

Infrastructure development emerged as another key area of focus. Eswatini proposed exploring the sale of bitumen to serve regional markets, leveraging its strategic position to facilitate trade. Additionally, the minister expressed interest in Turkmenistan’s raw material stock exchange, requesting further details to explore opportunities for purchasing products.

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Following the investment talks, Minister for Foreign Affairs and International Cooperation Pholile Shakantu, and officials from the Turkmenistan Government exchanged gifts and info-packs, marking the start of trade cooperation between the two countries. (Pics: Courtesy)

Members of the local delegation who were present during the investment talks.

Delegates during the meeting.