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| Magtymguly Pyragy, the great Turkmen poet and philosopher |
Diplomatic ties between Turkmenistan and Republic of Korea were established in February 1992. In 2007, the Embassy of Republic of Korea was opened in Ashgabat, while the Embassy of Turkmenistan in Seoul was opened in 2013.
Visit of prime minister of the Republic of Korea to Ashgabat in May 2008 became significant landmark in the history of bilateral relations. Wide range of issues related to priority trends of economic and cultural-humanitarian cooperation, creation of bilateral intergovernmental commission, learning of the Korean language at one of the higher educational establishments of Turkmenistan was discussed during the bilateral meeting with President of Turkmenistan Gurbanguly Berdimuhamedov. One of the first results of this meeting was an opening of Korean language department at the Institute of world languages named after D. Azadi on September, 2008 in Turkmenistan.
The state visit of President of Turkmenistan Gurbanguly Berdimuhamedov to the Republic of Korea in November 2008 attached powerful impetus to the development of the Turkmen-Korean interaction, having created the legal basis for further advancement of political dialogue, economic cooperation, expansion of cultural and humanitarian contacts.
Joint Communique between Turkmenistan and Republic of Korea reads that the Presidents of two countries share the opinion on further development of economic cooperation between their states, particularly in the fields of transport, communications, construction, textile industry and financial system. The parties also reached agreement on creation of favorable conditions for trade, scientific-technological exchange and increase of mutual investments, realization of cooperation in the field of information and computer technologies, rational use of natural resources and environmental protection as well as on necessity of establishment of direct business ties between economic and business partners of two countries.
Within the last years, reached agreements and arrangements have been successfully realized in many spheres.
On the international arena, Turkmenistan and Republic of Korea render mutual support and confidence to each other, particularly within the framework of interaction in the United Nations Organization. So, in December 2008, Republic of Korea rendered to our country an active support as co-sponsor of international initiative of the President of Turkmenistan on adoption of Resolution of the UN General Assembly on reliable and safe transit of energy bearers to the world markets.
Governmental structures of Turkmenistan jointly with the Korean International Cooperation Agency (KOICA) arranged an activity within the framework of programs on exchange of experience and knowledge in various fields of economy and social sphere.
For the years of cooperation the "Culture Days" of Turkmenistan in Republic of Korea and Republic of Korea in Turkmenistan were organized and successfully held.
In June 2014 President of the Republic of Korea Park Geun-hye paid a state visit to Turkmenistan. It was the first visit of the President of Republic of Korea in the history of the bilateral relations. Both sides outlined the key areas of cooperation, including trade and economic sphere, transport, energy, high technology and other industries. During the visit of President Park to Turkmenistan several contracts in key industries worth over 4 billion dollars were signed with the Korean companies: LG International Corp. (LGI) and Hyundai Engineering Co. (HEC).
LGI and HEC signed two Memorandums of Understanding with State Gas Corporation Turkmengas on the construction of new plants in Turkmenistan.
