On August 8, President of Turkmenistan Gurbanguly Berdymuhamedov is to conduct an official visit to the Republic of Azerbaijan at the invitation of his Azerbaijani counterpart Ilham Aliyev. During the summit meeting in Baku, President Gurbanguly Berdymuhamedov and President Ilham Aliyev will exchange opinions on a broad spectrum of issues of bilateral cooperation. The talks are expected to focus on mechanisms of strengthening and diversifying the trade-economic relations. Turkmenistan and Azerbaijan have enormous natural-resources potential, including vast hydrocarbon resources. This offers excellent prospects for fruitful contacts in the strategically important spheres. The two neighboring countries’ geographical location also creates essential prerequisites for successfully combined efforts to implement projects on building modern transcontinental communications corridors that link Europe and Asia and offer the best access to overall and sea routes for freight transportation, and their integration into international logistics infrastructure. The Intergovernmental Turkmen-Azerbaijani Commission for Trade and Economic Cooperation as well as private business enterprises play an instrumental role in identifying new areas of cooperation and promoting business ties. The provision of legal framework for pentalateral cooperation in the Caspian Sea (all the littoral states evince great interest in determining its status) is a topical issue for the two countries. The countries attach considerable significance to broadening the traditional humanitarian ties, including in the fields of education, science, culture, sport and tourism. The upcoming meeting of the leaders of Turkmenistan and Azerbaijan, (which is expected to result in signing a comprehensive package of bilateral documents), is seen as a significant step towards closer interstate dialogue that demonstrates greater dynamics and efficiency.