China, Turkmenistan vow to expand energy cooperation

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Chinese Vice Premier Wang Qishan and his Turkmenian counterpart Baymyrat Hojamuhammedov on Tuesday pledged to further all-round cooperation, especially in energy sector.

They inked an inter-governmental agreement on Chinese loan to the Turkmenian gas giant, Turkmengazi State Concern, after their meeting in Beijing.

Chinese President Hu Jintao met with Hojamuhammedov, who is visiting China as special envoy of Turkmenian President Gurbanguly Berdymukhamedov, at the Great Hall of the People after the agreement was signed.

The details of the agreement was not available at the signing ceremony but China has been a major buyer of the Central Asian state's gas and oil.

"China regards Turkmenistan a sincere friend and reliable partner," Wang said at the meeting with Hojamuhammedov, highlighting sound political ties and fruitful cooperation in such sectors as trade, energy and finance.

He urged the two sides to further gas cooperation, expand cooperation in transportation, telecommunication and infrastructure construction fields.

Hojamuhammedov said his country attaches great importance to the friendly cooperation with China and will take measures to bolster such cooperation.

Wang and Hojamuhammedov are co-chairmen of a China-Turkmenistan cooperation committee.

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