In order to ensure the stable and systematic development of the regional cooperation in trade and economic, energy, transport and logistics spheres as well as in the area of innovations, the President of Turkmenistan suggested the heads of the Central Asian countries to establish five-party Business Council. This institution will serve as a ‘brain trust’ to develop a joint strategy of the states in the region on priority areas of economic partnership, President Gurbanguly Berdimuhamedov said at the Consultative meeting in Tashkent. “The Business Council can elaborate relevant recommendations to governments, develop specific proposals on the investment agenda of cooperation with foreign business circles”, the President of Turkmenistan emphasized.