Representatives of around 30 companies from Belarus' real sector met to discuss practical strategies for entering the Turkmen market and building successful partnerships with local businesses. The discussions took place during a business breakfast with Yuri Dmitrichkov, Trade and Economic Counsellor at the Embassy of Belarus in Turkmenistan, according to the Brest branch of the … [Read more...]
Speech by the President of Turkmenistan, Serdar Berdimuhamedov, at the Turkmen-Georgian Business Forum
Distinguished Mr. Prime Minister! Esteemed forum participants! This forum is designed to foster the development of bilateral trade, economic, and investment cooperation. Speaking of Turkmenistan's economic development, I would like to note that at the beginning of 2026, our country approved an Investment Program. Its primary goal is to sustain our annual Gross Domestic … [Read more...]
President of Turkmenistan Visits Georgia: Ashgabat Proposes Establishing a Turkmen Terminal on the Black Sea Coast (updated)
On 16 July, President of Turkmenistan Serdar Berdimuhamedov arrived in Georgia on a state visit. The visit featured a series of high-level meetings, including summit talks between the two heads of state, consultations involving government officials, ministers and senior representatives of both countries, as well as the Turkmen–Georgian Business Forum. The agenda focused on … [Read more...]
85% of SDG Targets Integrated into Turkmenistan’s National Development Programmes, Deputy Finance and Economy Minister Says
Turkmenistan has integrated 85% of the Sustainable Development Goals (SDGs) into its national and sectoral development programmes, with 131 national SDG targets and 175 indicators officially adopted. The announcement was made by Perhat Yagshiyev, Deputy Minister of Finance and Economy of Turkmenistan, during the High-Level Political Forum on Sustainable Development held under … [Read more...]
President of Turkmenistan Receives Foreign Minister of Uzbekistan
On 14 July 2026, President of Turkmenistan Serdar Berdimuhamedov received Foreign Minister of Uzbekistan Bakhtiyor Saidov, who is on an official visit to Ashgabat. During the meeting, the two sides reaffirmed their commitment to further strengthening the strategic partnership between Turkmenistan and Uzbekistan. The talks focused on political … [Read more...]
Turkmenistan and Uzbekistan Hold Political Consultations in Ashgabat, Sign Bilateral Agreements
On 14 July 2026, Turkmenistan and Uzbekistan held a new round of political consultations between their foreign ministries in Ashgabat. The Turkmen delegation was led by Foreign Minister Rashid Meredov, while the Uzbek side was headed by Foreign Minister Bakhtiyor Saidov, according to Turkmenistan's Ministry of Foreign Affairs. During the consultations, the two sides held … [Read more...]
Central Asia demonstrates positive dynamics in FDI inflows
Central Asia is considered as one of the subregions of developing Asia, demonstrating positive dynamics in foreign direct investment (FDI) inflows, according to the World Investment Report 2026 by UN Trade and Development (UNCTAD). Key findings for the region: Overall trends: FDI inflows to Central Asia increased from $4 billion to $5 billion in 2025. The region … [Read more...]
Belarus, Uzbekistan Elevate Relations to Strategic Partnership: Outcomes of the Minsk Summit
On 9 July 2026, Minsk hosted a historic summit talks between the President Aleksandr Lukashenko of Belarus, and the President Shavkat Mirziyoyev of Uzbekistan. The centerpiece of the summit was the signing of the Declaration on Establishing Strategic Partnership Relations—a fundamental document that charts the course for long-term bilateral cooperation. The Declaration: Core … [Read more...]
Developing Asia leads investment among developing regions as patterns shift within the region
Key takeaways Geneva, Switzerland, 7 July 2026 Developing Asia remained the world's largest destination for foreign direct investment (FDI) among developing regions in 2025. But the region's significance increasingly lies not only in the volume of investment it attracts, but also where within the region that investment is going. That shift matters for … [Read more...]
Global investment rises 6% to $1.6 trillion, but development gains remain uneven
Key takeaways Geneva, Switzerland, 7 July 2026 Global foreign direct investment rose 6% to $1.6 trillion in 2025, ending two years of decline, but the recovery remains narrow, fragile and uneven, according to the World Investment Report 2026 by UN Trade and Development (UNCTAD). Inflows to developed economies rose 11%, while developing economies … [Read more...]
Turkmenistan and Azerbaijan Outline Steps to Strengthen Cooperation at Intergovernmental Commission Meeting in Ashgabat
The 9th meeting of the Turkmen-Azerbaijani Intergovernmental Commission on Economic Cooperation was held in Ashgabat on 8 July at the Chamber of Commerce and Industry of Turkmenistan. The meeting was co-chaired by Deputy Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly Atagulyyev and Azerbaijan’s Minister of Economy Mikayil Jabbarov. The participants reviewed … [Read more...]
President of Turkmenistan Receives Azerbaijan’s Minister of Economy
On Wednesday, 8 July, President of Turkmenistan Serdar Berdimuhamedov received Azerbaijan’s Minister of Economy, Mikayil Jabbarov, who arrived in the country to participate in the session of the Turkmen-Azerbaijani Intergovernmental Commission. During the meeting, the two sides discussed key aspects of their strategic partnership and outlined measures to diversify economic … [Read more...]
Uzbekistan and Belarus: Building a Dynamic New-Generation Partnership
Elvira Kadyrova The partnership between Uzbekistan and Belarus is entering an exciting new phase — moving beyond traditional trade toward deep industrial cooperation, joint production, and shared prosperity. With complementary strengths and strong political will, the two nations are creating tangible opportunities for businesses, regions, and citizens alike. Bilateral … [Read more...]
National Leader of Turkmenistan Receives Azerbaijan’s Economy Minister
On Tuesday, 7 July 2026, National Leader of the Turkmen people and Chairman of the Halk Maslahaty of Turkmenistan, Gurbanguly Berdimuhamedov, met with Azerbaijan's Minister of Economy, Mikayil Jabbarov, according to the State News Agency of Turkmenistan (TDH). At the beginning of the meeting, Jabbarov emphasized that Azerbaijan highly values the strong and steadily … [Read more...]
Tajikistan Presents Free Economic Zone Opportunities to Turkmen Businesses
The meeting of the Tajik-Turkmen Business Council took place on 7 July 2026 in Dushanbe, reports the National Information Agency of Tajikistan "Khovar." The meeting served as a platform for presenting the investment and economic opportunities of the two states, as well as for conducting B2B business negotiations. The meeting served as a platform for presenting the investment … [Read more...]
Belarus Independence Day Celebrated in Ashgabat: A Course Toward Strengthening Strategic Partnership
Elvira Kadyrova On 3 July 2026, a solemn reception was held in the capital of Turkmenistan to mark the main national holiday of the Republic of Belarus — Independence Day. The event, which gathered diplomats, public figures, business representatives, and journalists, became a vivid testament to the strengthening bonds of friendship and multi-vector cooperation between the … [Read more...]
EBRD finances first large-scale refractory concentrate processing facility in Central Asia
Anton Usov The European Bank for Reconstruction and Development (EBRD) is contributing to the development of sustainable and ecologically responsible mining and processing in Kazakhstan by supporting the operations of its long-term client Solidcore Resources (SR), an AIFC-listed company and the country’s leading gold producer. The EBRD will provide a loan of up to US$ 300 … [Read more...]
Rural Support Strategy: How Dayhanbank Finances Turkmenistan’s Agricultural Sector
Turkmenistan is consistently strengthening the economic potential of its agricultural sector by introducing effective financial instruments and expanding material and technical support for agricultural producers. Neder Nederow, Department Head of the Credit Policy Directorate of the State Commercial Bank of Turkmenistan “Dayhanbank,” detailed these measures in an article … [Read more...]
Strategic Partnership in Action: Foreign Ministers of Turkmenistan and Kazakhstan Hold Talks in Ashgabat
On 1 July 2026, negotiations were held at the Ministry of Foreign Affairs of Turkmenistan between Foreign Minister Rashid Meredov and his Kazakh counterpart, Minister of Foreign Affairs Yermek Kosherbayev. On the same day, a regular round of Turkmen-Kazakh political consultations between the two ministries took place. During the meeting, the ministers noted that thanks to a … [Read more...]
Foresight in Action: Accelerating the SDG Transitions in Turkmenistan
Uladzimir Valetka, ECONOMIST In Turkmenistan, systems thinking and strategic foresight have helped the UN Country Team (UNCT) engage the Government more effectively to identify strategic entry points for advancing national development aspirations and accelerating progress on the Sustainable Development Goals (SDGs). This shift did not happen overnight. It followed a phased … [Read more...]
Eurasian Development Bank Eyes Major Expansion with 11 Potential New Members
The Eurasian Development Bank (EDB) is moving toward a significant broadening of its membership, with the bank's Council having approved the potential addition of 11 countries, EDB Chairman Nikolay Podguzov announced at the institution's annual meeting and business forum. The prospective new members span a wide geographic arc, encompassing Mongolia, Azerbaijan, Georgia, … [Read more...]
Central Asia Needs $251 Billion in Investment by 2030, EDB Says
Central Asia faces a combined investment requirement of more than $250 billion across its energy, transport, water and logistics sectors by the end of the decade, a senior official at the Eurasian Development Bank said Friday. Speaking at an EDB business forum in Almaty, Deputy Chairman Ruslan Dalenov put the energy sector's financing needs alone at $170 billion, with a … [Read more...]
Kazakhstan–Turkmenistan Business Forum Boosts Economic Cooperation
Business representatives from Kazakhstan and Turkmenistan met in Astana on 24 June 2026 for the Kazakhstan–Turkmenistan Business Forum, an event aimed at deepening trade and economic cooperation and expanding ties between the private sectors of the two countries. Organized with the support of the Chamber of International Commerce of Kazakhstan and the QazTrade Center for … [Read more...]
Complete list of documents signed by Turkmenistan and Azerbaijan
Here is the complete list of documents signed by Turkmenistan and Azerbaijan during the visit of President Berdimuhamedov on 23 June 2026: … [Read more...]
Turkmenistan Showcases Export Potential at Korea Import Expo 2026 in Seoul
Turkmenistan has opened its national pavilion at the Korea Import Expo 2026, an international import trade exhibition that began on 23 June at the COEX Exhibition Center in Seoul, according to information from the Embassy of Turkmenistan in the Republic of Korea. The opening ceremony was attended by senior representatives of the Korean business community, including … [Read more...]
Turkmenistan Secures $314,000 World Bank Deal to Upgrade Economic Data Systems
As reported by THP, Turkmenistan's Finance and Economy Minister Mammetguly Astanagulov met with World Bank officials to finalize an advisory agreement worth $314,000 aimed at aligning the country's national accounts with SNA-2025 international standards and refining GDP measurement methods. Discussions also touched on a broader cooperation roadmap spanning green economy … [Read more...]
Turkmenistan and World Bank Team Up to Modernize National Statistics
THP reports that Turkmenistan's State Statistics Committee has entered into an advisory partnership with the World Bank Group covering 2026–2027, with the goal of bringing the country's statistical practices in line with international SNA-2025 standards. The initiative will focus on updating how GDP is calculated, refining price monitoring methods, and improving purchasing … [Read more...]
Turkmenistan and Azerbaijan Elevate Strategic Partnership During President Serdar Berdimuhamedov’s State Visit
[Final Version] The state visit of President Serdar Berdimuhamedov of Turkmenistan to Azerbaijan has emerged as a landmark event in the modern history of relations between the two Caspian neighbors, producing a broad package of agreements, new transport and maritime initiatives, and a strong reaffirmation of the strategic partnership between Ashgabat and Baku. Hosted by … [Read more...]
IMF Mission Highlights Turkmenistan’s Economic Resilience and Path Forward
An International Monetary Fund (IMF) staff team, led by Ms. Anna Bordon, recently concluded a productive visit to Turkmenistan from June 4 to 16, 2026, as part of the 2026 Article IV consultation. The mission reviewed the country’s economic performance, outlook, and policy priorities aimed at fostering diverse, inclusive, and sustainable growth. Discussions with senior … [Read more...]
Pakistan–Turkmenistan Partnership Enters a Proactive Phase, Strengthening the Central Asia–South Asia Connection
Tariq Saeedi and Elvira Kadyrova A notable shift is taking place in Pakistan–Turkmenistan relations. What was once a partnership largely associated with strategic visions and flagship connectivity projects is increasingly evolving into a broad-based and action-oriented relationship, marked by a steady stream of initiatives across trade, investment, education, healthcare, … [Read more...]
Turkmenistan and Uzbekistan Deepen Strategic Partnership Through High-Level Dialogue and Joint Commission
Turkmenistan and Uzbekistan took another significant step toward strengthening their strategic partnership as President Serdar Berdimuhamedov received Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev and the two countries convened the 19th meeting of the Joint Turkmen-Uzbek Commission on Trade, Economic, Scientific, Technical, and Cultural Cooperation in Ashgabat. The … [Read more...]
JOINT STATEMENT BETWEEN TURKMENISTAN AND MALAYSIA ON THE OCCASION OF THE OFFICIAL VISIT OF THE HONOURABLE DATO’ SERI ANWAR IBRAHIM, PRIME MINISTER OF MALAYSIA TO TURKMENISTAN
1. His Excellency Prime Minister of Malaysia Anwar Ibrahim, undertook an official visit to Turkmenistan on 18 -19 June 2026 at the invitation of of His Excellency Serdar Berdimuhamedov, the President of Turkmenistan. 2. During the visit, Prime Minister Anwar Ibrahim was accorded a ceremonial welcome at the Presidential Palace in … [Read more...]
Beyond Oil and Gas: Why Anwar Ibrahim’s Turkmenistan Visit May Redefine Malaysia–Turkmenistan Relations
Elvira Kadyrova and Liliya Zhirnova Prime Minister Anwar Ibrahim’s official visit to Turkmenistan on 18–19 June 2026 was, on the surface, centered on energy cooperation. The visit coincided with the celebration of three decades of PETRONAS operations in Turkmenistan and produced a number of important agreements in the oil and gas sector. Yet a closer look reveals … [Read more...]
Understanding Islamic Finance: A Primer Ahead of the Islamic Development Bank Meetings in Baku
nCa Report Editor's Note: The Islamic Development Bank (IsDB) Group is currently holding its Annual Meetings in Baku, Azerbaijan, bringing together policymakers, development institutions, financial experts, and business leaders from across the Islamic world and beyond. As discussions continue and final outcome documents are awaited, nCa presents this background report to … [Read more...]
Turkmen Company to Launch Production Site in Uzbekistan
The Turkmen electronic industry flagship, "Aýdyň Gijeler", will launch a production facility in Uzbekistan to manufacture products for transport and infrastructure projects in the neighboring country. The corresponding agreement is formalized in a Memorandum of Cooperation signed between "Aýdyň Gijeler" and the Administration of Tashkent City following negotiations in the … [Read more...]
King’s Turkmenistan Diplomacy Delivers E640 Million Factory, 200 Jobs for EmaSwati
MBABANE – A diplomatic mission led by His Majesty King Mswati III to the Central Asian nation of Turkmenistan has delivered a major economic victory for Eswatini, paving the way for a E640 million manufacturing investment that is expected to create at least 200 jobs and strengthen the country’s industrial sector. In what government officials are describing as one of the … [Read more...]
Evolving Geopolitical Reality: Central Asia in the Focus of the European Union’s Strategic Interests
Elvira Kadyrova The recently concluded Central Asia Press Trip to Brussels for journalists from the five Central Asian nations provided a valuable opportunity to look behind the scenes of European diplomacy, enriching existing knowledge with fresh insights and perspectives. Expert discussions and briefings in the EU capital clearly indicate that the European approach to … [Read more...]
Inaugural session of Joint Turkmenistan-Slovakia Economic Cooperation Commission planned
Turkmenistan and Slovakia are preparing to deepen bilateral economic engagement through the establishment of a Joint Commission on Economic Cooperation. Preparations for the commission’s inaugural meeting were reviewed during a Cabinet meeting chaired by President Serdar Berdimuhamedov. Deputy Prime Minister Hojamyrat Geldimyradov reported that the necessary organizational … [Read more...]
The 13th meeting of the Joint Turkmen-Austrian Commission was held in Ashgabat
On June 12, 2026, the 13th meeting of the Joint Turkmen-Austrian Commission was held at the Chamber of Commerce and Industry of Turkmenistan. Representatives of domestic government agencies and business circles participated, as well as a visiting delegation led by Elisabeth Weissenböck, Director of the Foreign Economic Relations Department of the Federal Ministry for Economic … [Read more...]
Ashgabat Hosts 9th Meeting of Turkmen-Turkish Intergovernmental Commission: Comprehensive Action Plan Signed
On 4 June 2026, the 9th meeting of the Intergovernmental Turkmen-Turkish Commission on Economic Cooperation (IGC) took place in Ashgabat. During the session, government delegations from both nations held detailed discussions on expanding their strategic partnership and outlined concrete steps to diversify bilateral trade. The Turkish delegation was led by Vice … [Read more...]
President of Turkmenistan Receives Turkish Vice President Cevdet Yılmaz
On Thursday, 4 June 2026, President Serdar Berdimuhamedov received Cevdet Yılmaz, Vice President of the Republic of Türkiye, who is currently visiting Ashgabat. Yılmaz also serves as the Turkish co-chair of the Intergovernmental Turkmen-Turkish Commission on Economic Cooperation, state news agency TDH reports. At the beginning of the meeting, Yılmaz conveyed warm greetings … [Read more...]
Turkmenistan Seeks to Expand Partnership with US Businesses, Says President
Turkmenistan supports expanding mutually beneficial partnerships with American companies and is ready to consider specific business proposals. President Serdar Berdimuhamedov shared this during a meeting in Ashgabat with Eric Stewart, the Executive Director of the Turkmenistan-US Business Council, on 4 June 2026. During the meeting, Stewart reaffirmed the strong interest of … [Read more...]
Belgium and Central Asia Discuss Partnership Prospects
On 3 June 2026, a working breakfast of the Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Belgium, Maxime Prévot, with the Ambassadors of the countries of Central Asia and Mongolia took place at the Palais d’Egmont in Brussels, according to the Embassy of Turkmenistan to Belgium. The meeting was held at the initiative of the Ambassador of … [Read more...]
Vice President of Türkiye Cevdet Yılmaz Arrives in Ashgabat: High-Level Meetings and Intergovernmental Commission Meeting on the Agenda
On 3 June 2026, Vice President of Türkiye Cevdet Yılmaz arrived in Ashgabat for a two-day visit. At the Ashgabat International Airport, Vice President Yılmaz was met by Nazar Agahanov, Minister of Trade and Foreign Economic Relations of Turkmenistan, Ahmet Demirok, Ambassador of Türkiye to Ashgabat, and other officials. From the airport, Yılmaz proceeded to the … [Read more...]
Turkmen-American Business Forum Held in Ashgabat: New Vectors of Partnership Outlined
On 3 June, a comprehensive series of major business events took place in Ashgabat with the participation of a representative delegation of American companies that arrived in the Turkmen capital led by Eric Stewart, Executive Director of the Turkmenistan–US Business Council. The key events of the day were the Turkmen-American Business Forum and a meeting at the Ministry of … [Read more...]
UNDP Strengthens Efforts on Development Financing in Turkmenistan
Ashgabat, 3 June 2026 - The United Nations Development Programme (UNDP), jointly with the Ministry of Finance and Economy of Turkmenistan, organized a seminar on the practical application of modern tools for Sustainable Development Goals (SDG) financing and tax policy. The objective of the seminar was to introduce the best international practices in the use of innovative … [Read more...]
Turkmenistan and UN partners convene 14th Joint Expert Group meeting on SDG Financing
Ashgabat, 2 June 2026 — The 14th meeting of the Joint Expert Group (JEG) on SDG Financing between the Government of Turkmenistan and the United Nations brought together national stakeholders and development partners to advance dialogue on strengthening financing for sustainable development. Held at the UN House in Ashgabat and online, the meeting provided a platform … [Read more...]
EBRD names new Regional Head of Kyrgyz Republic, Tajikistan and Turkmenistan
Nodira Mansurova has been named new Regional Head of the Kyrgyz Republic, Tajikistan and Turkmenistan for the European Bank for Reconstruction and Development (EBRD). She will be based in the Kyrgyz capital of Bishkek and is due to take up her new position on 1 September 2026. Nodira is succeeding Ayten Rustamova, who has served in this role since 2021. An Uzbekistan-born … [Read more...]
Targeting Africa: Turkmen Electronics Producer to Localize Manufacturing in Eswatini
A delegation from the Turkmen company Aýdyň Gijeler, led by Director General Hydyrberdi Abdurahmanov, held a series of high-level meetings in Abu Dhabi with the leadership of the Southern African Kingdom of Eswatini. According to the company's website, Turkmenistan's leader in the electrical and electronics industry has agreed on the launch of a major high-tech project on … [Read more...]
Turkmenistan and US Eye Deeper Cooperation on Energy Security and Supply Routes
On 29 May 2026, Turkmenistan’s Foreign Minister Rashid Meredov met with United States Secretary of State Marco Rubio at the White House in Washington to discuss deepening bilateral ties across key strategic sectors. According to the Ministry of Foreign Affairs of Turkmenistan, the talks focused heavily on expanding cooperation in trade, economics, energy, transport, and … [Read more...]