Türkmenawtoulaglary Agency hosted video conference session with representatives of Japanese Sumitomo Corporation for development of beneficial partnership in economic sphere. Power energy sphere, transport and communication sector, implementation of advanced technologies, agriculture and other spheres where consolidation of efforts seems to be more efficient were among current directions of bilateral cooperation. At the same time, representatives of Sumitomo expressed interest I expansion of their presence on perspective Turkmen market, which has all necessary conditions for productive work of foreign business partners. Cooperation in logistic sphere in the context of transport and transit centre of continental significance in North – South and West – East directions has been reviewed, proposals on cooperation under open doors policy of President Gurbanguly Berdimuhamedov have been given.