Nihat Zeybekci told the Turkmenistan-Turkey Business Forum on Tuesday that the move will establish an extensive trade agreement by 2015.

Zeybekci said: "Until the end of this year, we will negotiate, finalize and sign an agreement which can be identified as a free-trade agreement, economic cooperation or preferential trade agreement, or whatever you would like to call it."

"We will put this agreement into process in 2015. Hence, new horizons will open."