Kuala lumpur: Prime Minister Datuk Seri Anwar Ibrahim announced that the agreement signed between Malaysia and Turkmenistan signifies a mutual commitment to long-term cooperation extending beyond mere commercial interests.

According to BERNAMA News Agency, Anwar highlighted that Petroliam Nasional Bhd (Petronas) commenced its operations in Turkmenistan in 1996, establishing the groundwork for a sustained partnership between the two nations. He emphasized that this collaboration is unlike previous ventures with multinational corporations, marking Petronas as a reliable partner dedicated to sharing experiences, transferring technology, and working collaboratively for mutual advancement.

In his keynote address at the 'Turkmenistan-Malaysia: 30 years of Mutual Beneficial Cooperation in the Oil and Gas Industry and New Horizon of Partnership Forum,' Anwar underscored the unique nature of this partnership. President Serdar Berdimuhamedov also delivered a keynote address, reinforcing the commitment to this strategic relationship.

Anwar elaborated that the collaboration between the two countries is not confined to traditional investment methods but aims to exemplify real partnership. The cooperation extends to educational and technological exchanges, involving universities, research facilities, and expertise in emerging technologies such as AI and semiconductors. This initiative is aimed at benefiting young professionals from both countries and serves as a model of cooperation for the Global South.

During the event, three agreements were signed between Petronas and Turkmenistan, along with a Framework Agreement between the Governments of Malaysia and Turkmenistan focusing on the long-term development of Turkmenistan's hydrocarbon resources. The leaders also explored an exhibition showcasing the collaboration between the two nations.

The forum witnessed participation from 21 Malaysian companies, 20 local Turkmenistan companies, eight international companies, and several local government agencies.