The newly appointed U.S. Ambassador to Turkmenistan, Ms. Elizabeth Rood, held her first press briefing today at the new complex of the U.S. Embassy in Ashgabat. During the meeting with journalists, she outlined the main priorities of her activities. Ambassador Rood highlighted four key areas of work: combating climate change, developing the economic sector, security […]
A Promising Future for Turkmenistan-Germany Cooperation
Stable and growing economic cooperation forms a cornerstone of the successful relationship between Germany and Turkmenistan. Today, clear trends in bilateral economic activity are fostering optimism about future prospects. Ambassador of Germany to Turkmenistan, Bernd Heinze, highlighted this in an interview with the Turkmenistan newspaper. Germany and Central Asia Germany has established a leading position […]
The Ministry of Foreign Affairs of Turkmenistan hosted a meeting with the UAE Ambassador
UAE Ambassador to Turkmenistan Ahmed Al Hameli met with Deputy Minister of Foreign Affairs of Turkmenistan Ahmed Gurbanov. During the meeting, ways to expand cooperation between the two countries in various fields were discussed, according to the UAE Embassy in Turkmenistan. Earlier, Ambassador Ahmed Al-Hameli held a number of meetings with the Chairman of the […]
Turkmen-Swedish cooperation discussed in Stockholm
On 3 September 2024, Turkmen-Swedish political consultations were held in Stockholm. The Turkmen side was headed by Deputy Minister of Foreign Affairs of Turkmenistan Myahri Byashimova, the Swedish side was led by Tobias Thyberg, Head of the Department for Eastern Europe and Central Asia of the Ministry of Foreign Affairs of Sweden. During the inter-MFA […]
Anadolu Agency interviews Turkish ambassador in Ashgabat
The Anadolu Agency, the state-run news service of Türkiye, has interviewed Ambassador Ahmet Demirok, the envoy of Türkiye in Ashgabat. Commenting on the state of relations between Türkiye and Turkmenistan, the ambassador said that Türkiye was the first to recognize the independence of Turkmenistan and the first to open embassy in Türkiye. Demirok said that […]
Kazakhstan will replace subsidies for agriculture sector with easy credits, other measures
At the start of the 33rd session of the parliament of Kazakhstan, President Tokayev has asked for some bold measures to uplift the agriculture sector. Here is the relevant portion of his address to the lawmakers : An extremely important task is to attract investment to the agro-industrial complex. Despite the consequences of the floods, […]
Improvement in investment climate and ease of doing business on agenda for parliament of Kazakhstan
President Tokayev of Kazakhstan, at the start of the 33rd session of the parliament, gave the detailed guidelines to the lawmakers for the current legislative work. Here is the relevant portion from his speech related to the investment climate and conditions for doing business : It is important to constantly work on improving the investment […]
TIF 2024: Investing in the future
On 10-11 September, Ashgabat will become a center of attraction for investors and experts worldwide. Turkmenistan is opening the doors to the grand TIF 2024 Investment Forum, where the most pressing issues of the country’s and the region’s economic development will be discussed. The Forum is organized by the Ministry of Finance and Economy of […]
Armenia’s business mission to Almaty: Strengthening economic ties and new transport routes via Turkmenistan and Iran
Almaty recently hosted an important event for business cooperation between Kazakhstan and Armenia — 50 Armenian entrepreneurs visited Kazakhstan with a business mission. The event, organized by the Diplomatic Club “Astana” in collaboration with the embassies of both countries, was aimed at strengthening constructive dialogue between the countries, creating additional opportunities for building business ties, […]
Turkmenistan, Afghanistan sign four documents related to TAPI, TAP, Railways
The Afghan delegation led by the Acting Minister of Mines and Petroleum Products of Afghanistan Hidayatullah Badri, had a meeting on 30 August 2024 in Ashgabat. The Turkmen side was represented by several deputy prime ministers, ministers, and other senior officials. The expanded talks led to the signing of four documents: – Memorandum of Understanding […]
Kyrgyzstan creating environment to nurture E-Commerce
Kyrgyzstan, a country striving to break out of its economic limitations, is continuously working to support e-commerce. The idea is to create the enabling environment to support all the stakeholders in the e-commerce mix. BC Card Kyrgyzstan, a joint Kyrgyz-Korean joint venture has recently started working in Kyrgyzstan. The partners are the South Korean companies […]
Ongoing rehabilitation of Karakalpakstan is a success story from Uzbekistan, mitigating Aral Sea disaster impact
Karakalpakstan is an autonomous region of Uzbekistan, bordering with Turkmenistan. It was a thriving region in the 1970s, when irrigation from the Amu Darya was being expanded. However, the evaporation of the Aral Sea has made Karakalpakstan one of Uzbekistan’s poorest regions. Karakalpakstan has an area of 166,590 km2 (64,320 sq mi), and has a […]
Greenifying Central Asia: From fossil fuel to renewable energy giants?
Mokhinur Sultanova Central Asia, a region rich in natural resources, has long relied on its vast reserves of fossil fuels to drive economic growth and development. However, the energy landscape is rapidly evolving, with new challenges emerging due to climate change, economic shifts, and the global transition towards renewable energy sources. With its rich history […]
International Trade Center Opened at Uzbek-Afghan border – Expected annual trade turnover is USD 1.2 billion
The International Trade Centre was opened on 29 August 2024 at Termez, the border town between Uzbekistan and Afghanistan. It is located on the Uzbek territory. The sprawling complex covers an area of 36 hectares. The project cost was USD 70 million. The centre will play an important role in the development of trade and […]
New ADB Strategy to Propel Turkmenistan Towards a More Sustainable, Climate-Resilient, and Competitive Economy
The Asian Development Bank (ADB) today launched a new country partnership strategy for Turkmenistan designed to help the Central Asian nation develop a competitive, diversified, and knowledge-based economy driven by an innovative private sector. Under the new strategy, covering 2024-2028, ADB’s assistance will focus on three strategic priorities — supporting the green transition to a […]
Turkmenistan-Tatarstan Cooperation Growing Exponentially
nCa Report The cooperation between Turkmenistan and Tatarstan, the largest component republic of the Russian Federation is expanding exponentially. This was evident at the recently-held ninth meeting of the Joint Turkmen-Tatarstan Working Group on Trade, Economic, Scientific, Technical and Cultural Cooperation. Here are the outcomes: [There is some duplication because of material from various sources] […]
China sets 2050 target for world-class aviation hubs
China plans to establish a group of world-class aviation enterprises and hubs by 2050, according to a new guideline released by the Civil Aviation Administration of China and the National Development and Reform Commission. The guideline outlines a three-phase strategy for developing international aviation hubs with milestones set for 2025, 2035 and 2050. By 2025, […]
«Central Asia Could Become the New Star of the Global Dairy Industry» – Dou Ming, Chief Analyst at Beijing Orient Agribusiness Consultant, Ltd., IFCN Expert from China
From November 26 to 27, 2024, the annual Central Asian Dairy Congress – AqAltyn will take place in Turkestan. This significant event will bring together leading specialists and experts from the dairy industry across Central Asia and beyond. One of the key speakers at the congress will be Dou Ming, Chief Analyst at the leading […]
As to why cotton is indispensable crop for Central Asia
nCa Report The cotton crop is among the things that attract criticism toward Central Asia. Despite that, the region would grow more rather than less cotton. Why? Here is why? The cotton crop is labour-intensive i.e. you need more people for the entire crop cycle, particularly at the harvest stage. This provides for employing more […]
Turkmenistan and Iran are preparing to establish joint trade zone
Turkmenistan and Iran are preparing to establish a joint trade zone. It will be located Incheh Borun n the Golistan province of Iran. It is a small town with population of about 2000. Nevertheless, it is strategically important as the Kazakhstan-Turkmenistan-Iran railway line enters Iran at this point. An area of 12577 hectares (about 125 […]
Kazakhstan and Türkiye sign documents worth more than USD 2 billion during visit of agriculture minister of Kazakhstan to Türkiye
The Minister of Agriculture Kazakhstan, Aidarbek Saparov, visited Türkiye recently. His visit led to the signing of bilateral documents worth more than USD 2 billion. During the meeting at the Chamber of Commerce and Industry in Ankara, the parties signed documents worth $2 billion and trade contracts for the supply of meat worth $80 million. […]
The visit of Uzbek PM to Afghanistan – The Event and the Phenomenon
Tariq Saeedi Prime Minister Abdulla Aripov of Uzbekistan visited Afghanistan, 17-18 August 2024. It is the highest-level visit of a foreign head of government to Afghanistan since the Taliban came to power in 2021. It is significant as both an event and a phenomenon. The Event The visit was successful by all means. The outcomes […]
Macroeconomic Review of EDB upbeat on growth in member countries
The Eurasian Development Bank (EDB) has issued its periodical macroeconomic review of its member countries. On the whole, it reflect a positive picture of the growth pattern in its region of operations. The report says: Analysts of the Eurasian Development Bank (EDB) have released the latest Macroeconomic Review for the Bank’s six member states. EDB’s […]
Kazakhstan and Uzbekistan plan to DOUBLE their GDP by 2030
nCa Report In plans that may sound rather ambitious but are actually quite realistic, Kazakhstan and Uzbekistan are striving to double their GDP by 2030. Uzbekistan The GDP in Uzbekistan has recently crossed the USD 100 billion mark and its doubling by 2030 should see it rising to around USD 200 billion. For Uzbekistan, it […]
Postal services of Kyrgyzstan and Türkiye join hands to promote e-commerce
The Kyrgyz Post and Turkish Post have signed an agreement to create new products in the field of e-commerce, logistics and cargo handling, as well as to develop trade exchanges between the two countries. As reported by Akchabar, this is the first step in a strategic partnership between the two companies. The document was signed […]
Rise of E-commerce in Central Asia creates more space for China
E-commerce is rising fast in Central Asia and this has created additional space for China. According to the People’s Daily of China, approximately nine million parcels are exchanged between China and countries around the world daily, making it easier and faster for consumers to “buy globally.” Over the past five years, the scale of China’s […]
GIFT IFSC: Emerging as a preferred new age global financial centre
Dr Dipesh Shah The Governmnent of India implemented a major financial sector reform by establishing the country’s maiden International Financial Services Centre (IFSC) in GIFT City, Gujarat. The IFSC has been developed as a unique international financial jurisdiction within onshore India, which has been designated as a non-resident zone under the Foreign Exchange Management (FEM) […]
Evolution of Indian Economy: 7 Major Highlights (1947-2024)
The Indian economy, one of the fastest-growing in the world, has undergone significant evolution since independence. The journey of the Indian economy from tatters to an economic powerhouse has not been easy. Year on year, citizens’ and government’s Relentless and consistent efforts have built today’s India. As Dr. Manmohan Singh said, “The brightest jewel of […]
Central Asia-Japan Joint business forum held in Astana – Turkmenistan and Japan inked a package of deals
On 9 August 2024, a business forum of the Central Asia + Japan Dialogue was held in Astana. The event was organized by the Ministry of Economy, Trade and Industry of Japan, the Japanese Association for Trade with Russia and NIS (ROTOBO), the Ministry of Foreign Affairs of the Republic of Kazakhstan, Kazakh Invest, the […]
The Minister of Foreign Affairs of Turkmenistan and the Deputy Prime Minister of Afghanistan held an online meeting
Deputy Prime Minister of Afghanistan Abdul Ghani Baradar held a videoconference meeting with the Minister of Foreign Affairs of Turkmenistan Rashid Meredov, the Embassy of Afghanistan in Turkmenistan reports on its social networks. During the meeting, the parties discussed bilateral political, economic and trade relations, as well as ways to implement the TAPI project in […]
Speech by President of Turkmenistan Serdar Berdimuhamedov at the sixth Consultative Meeting of the Heads of Central Asian States
Dear Heads of State, Dear members of the delegations! First of all, I would like to express my gratitude to the President of the Republic of Kazakhstan, dear Kassym-Jomart Kemelevich Tokayev, for the hospitality and excellent organization of the meeting. Our annual meetings have already become a tradition and, as practice shows, they are always […]
Kazakhstan and Turkmenistan strengthen economic cooperation: Kazakh-Turkmen Trade Grew by Nearly a Third
On 9 August 2024, First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar met with Deputy Chairmen of the Cabinet of Ministers of Turkmenistan Batyr Atdaev and Baymyrat Annamammedov in Astana. During the meeting, the sides exchanged views on the economic situation in Kazakhstan and Turkmenistan, discussed the current status and prospects for […]
Uzbekistan and Kazakhstan held summit talks in Astana – A Program of strategic partnership and alliance for the next 10 years adopted
On 8 August 2024, high-level talks were held in Astana between President Kassym-Jomart Tokayev of Kazakhstan and President Shavkat Mirziyoyev of Uzbekistan. As a result of the talks, a Program of strategic partnership and alliance for the next 10 years was adopted, the key objectives of which are to further strengthen friendly ties and encouraging […]
TIF 2024: New Horizons of Cooperation
Ashgabat, September 19-20, 2024, will host the grand Turkmenistan Investment Forum 2024 (TIF 2024). Organized by the Ministry of Finance and Economy and the Ministry of Foreign Affairs of Turkmenistan, the forum aims to draw the attention of the international investment community to the country’s rapidly developing economy. Over 100 delegates from 20 countries have […]
Community of action and mutual support are the dictates of the times
Irina Imamkulieva During a telephone conversation on August 5, President of Kazakhstan Kassym-Jomart Tokayev invited President of Turkmenistan Serdar Berdimuhamedov to take part in the sixth Consultative Meeting of the Heads of State of Central Asia, as well as the first Summit of the “Central Asia + Japan” Dialogue, which will be held in Astana. […]
ADB Unveils New Country Partnership Strategy to Boost Turkmenistan’s Green and Competitive Economy
The Asian Development Bank (ADB) has published a new Country Partnership Strategy (CPS) for Turkmenistan, outlining its commitment to support the country’s transformation into a sustainable, climate-resilient, and competitive economy from 2024 to 2028. The CPS is built upon three pillars: supporting the green transformation to a sustainable and climate-resilient economy; strengthening economic competitiveness through […]
The development of the trade sector is a factor in strengthening the national economy
TDH Commentary Turkmenistan’s trade policy is one of the key factors of the country’s economic development and its foreign policy relations. The growth of trade turnover in the domestic market is evidence of the successful implementation of the tasks set for the sphere of trade, as well as improving the welfare and social standard of […]
Fitch Upgrades Turkmenistan to ‘BB-‘; Outlook Stable
Fitch Ratings has upgraded Turkmenistan’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’. The Outlook is Stable. Here is a summary of the commentary by Fitch ratings: Key Rating Drivers The upgrade reflects the following key rating drivers and their relative weights: HIGH Strengthened Sovereign Balance Sheet: There has been a further […]
The delegation of Turkmenistan visited the Republic of the Philippines
On 2 August 2024, as part of the visit of the delegation of Turkmenistan to the Republic of the Philippines, political consultations between the foreign ministries of Turkmenistan and the Republic of the Philippines took place in Manila. The Turkmen delegation was led by Deputy Minister of Foreign Affairs Ahmet Gurbanov, while the Philippine side […]
Prime Minister of Kyrgyzstan: With the development of e-commerce, the postman is again becoming a ‘hero of our time’
With the development of e-commerce, the process of reviving the postal service is taking place, and the postman is again becoming the hero of our time. This was stated by the Chairman of the Cabinet of Ministers of the Kyrgyz Republic – Head of the Administration of the President of the Kyrgyz Republic Akylbek Japarov […]
Enhancing e-commerce regulations in Turkmenistan
E-commerce lets small businesses in Turkmenistan tap into new international markets. With the right policies, they can achieve even more. Several national documents prioritize digital transformation, including the State Program for the Development of the Digital Economy in Turkmenistan for 2021–2025. To further that goal, the International Trade Centre (ITC) launched technical workshops on 23 […]
Caspian Sea is a region of great opportunities and true neighborliness
Allaberdy Niyazov, Senior Researcher at the Scientific Center for Strategic Studies at the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan Almost six years ago, the heads of the five Caspian littoral states (Azerbaijan, Iran, Kazakhstan, Turkmenistan and Russia) signed the Convention on the Legal Status of the Caspian Sea in […]
Belarus and Turkmenistan are preparing for the meeting of the intergovernmental commission
Turkmenistan and Belarus are gearing up for the next meeting of their Intergovernmental Commission on Economic Cooperation. During a meeting on 30 July, Mammetkhan Chakiyev, Co-chair of the Commission and Director General of Turkmenistan’s Agency for Transport and Communications, discussed bilateral trade and economic relations with Belarusian Ambassador Vyacheslav Beskosty. The sides expressed growing interest […]
Central Asia has the potential to become an important transregional transport, logistics, production and technological hub of the world economy – Institute for Strategic and Interregional Studies under the President of Uzbekistan
Akramjon Nematov, the First Deputy Director of the Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan (ISMI), expressed this opinion during the Forum of Analytical Centers of Central Asian Countries and the Republic of Korea in Tashkent. According to him, the states of Central Asia and the Republic of […]
First forum of analytical centers of Central Asia and the Republic of Korea takes in Tashkent
On 30 July, the International Institute for Central Asia (MICA) in Tashkent hosted the first expert Forum on the theme “Era of Change: Vision for Future Cooperation between Central Asia and the Republic of Korea.” The event was co-organized by the MICA and the Secretariat of the Korea-Central Asia Cooperation Forum. Around 100 representatives from […]
Turkmenistan – Tajikistan: Strategic partnership of fraternal peoples
Irina Imamkulieva Turkmenistan and Tajikistan, based on their strategic objectives and program documents, jointly maintain positive dynamics of interaction in all priority areas of cooperation. Based on the principles of equality, mutual support and trust, Turkmen-Tajik relations demonstrate an exemplary model of strategic partnership. The stages of a long journey Two fraternal peoples, Turkmen and […]
Single Window Boosts Turkmenistan’s Trade with Neighbors
Turkmenistan’s trade turnover with neighboring countries has surged following the implementation of a Single Window system for export-import operations, according to the State Customs Service. In the first half of 2024, trade with Iran grew by 35%, Afghanistan increased by 27%, and Uzbekistan posted a 19% growth compared to the same period in 2023. Marine […]
Outcomes of the visit of the Turkmen delegation to Pakistan – Turkmenistan outlines proposals for fostering relations with Pakistan
During the government meeting on Friday (26 July), Deputy Prime Minister and Foreign Minister R. Meredov reported on the results of his working visit to Pakistan. It was reported that the delegation of Turkmenistan was received by President of Pakistan Asif Ali Zardari. During the meeting, issues of developing interstate cooperation in the political, diplomatic, […]
Turkmenistan and Türkiye plan high and highest level visits this year
On July 26, 2024, the Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Türkiye Mekan Ishangulyev met with the Deputy Minister of Foreign Affairs of the Republic of Turkey Ayşe Berris Ekinci. During the meeting, the parties discussed the current state and prospects for the development of bilateral political, trade, economic, cultural and humanitarian cooperation. Particular […]
Turkmenistan and Kyrgyzstan Discuss New Investment Fund, Transport Links, and Textile Collaboration
On 26 July 2024, the VI meeting of the intergovernmental Kyrgyz-Turkmen commission on trade, economic, scientific, technical and humanitarian cooperation between the Kyrgyz Republic and Turkmenistan in a narrow and expanded format was in Cholpon-Ata, Kyrgyz Republic. During the meeting in a narrow format, negotiations were held between Deputy Chairman of the Cabinet of Ministers […]