Meredov said nearly 150 Iranian companies are active in Turkmenistan and considering Iran's capabilities and experiences, Ashgabat is ready to expand its cooperation with Iran.
Iran and Turkmenistan have had official diplomatic relations since Turkmenistan's independence from the Soviet Union in 1991. Iran was the first nation to recognize Turkmenistan as an independent nation.
Since then, the two countries have enjoyed good relations and have cooperated in the economic, infrastructure and energy sectors.
Iran's Foreign Minister Ali Akbar Salehi has lauded the good relations between the Islamic Republic and Turkmenistan, saying the two countries plan to raise their bilateral trade volume to USD 10 billion.
Salehi made the remarks in a joint press conference with his Turkmen counterpart Rashid Meredov in Tehran on Monday.
Announcing Iran's readiness to expand cooperation in all bilateral, multilateral and regional fields, Salehi stressed that both countries must make more efforts to achieve the long-term objectives set earlier.
Meredov, for his part, said the relations between Iran and Turkmenistan in all fields are progressing, adding that, “The two countries have similar stances with regards to important international issues including strengthening peace, stability and sustainable development in the world.”