The Chamber of Commerce and Industry of Turkmenistan and the Chinese Industrial Overseas Development Association (CODA), with the assistance of Talwas Yoly Closed Joint Stock Company and the Oguz Forum&Expo division, will hold a Turkmen-Chinese Trade and Economic Forum entitled "New Opportunities for Trade and Economic Cooperation", which will be held on 28-30 April 2026 in … [Read more...]
Mutual investment in the Eurasian region reached a record US $48.4 billion: a new report by the EDB
The Eurasian Development Bank (EDB) has released the report as part of its flagship project Monitoring of Mutual Investments. New data show that investment activity in the Eurasian region continues to expand despite the global decline in foreign direct investment (FDI). Mutual FDI between the region’s countries reached a record US $48.4 billion at the end of the first half … [Read more...]
Türkiye’s Second-Largest Contracting Market: Erdoğan Pledges to Boost Turkmenistan Economic Ties
President Recep Tayyip Erdoğan has underscored the strong fraternal bonds between Türkiye and Turkmenistan, emphasizing shared history, culture, and economic potential during his recent visit to Ashgabat for the International Forum on Peace and Trust. Speaking to journalists on his return flight to Türkiye, President Erdoğan expressed gratitude to the National Leader of the … [Read more...]
Turkmenistan-Qatar Relations
nCa Report Key Points on Turkmenistan-Qatar Relations Historical and Diplomatic Overview Turkmenistan and Qatar, both energy-rich nations, have built ties based on mutual interests in natural gas and regional stability. The relationship has evolved steadily since independence-era engagements. Key Exchanges and Outcomes Visits at presidential and ministerial … [Read more...]
Putin at the Peace and Trust Forum in Ashgabat: Russia and Turkmenistan Develop Partnership in the Spirit of Friendship and Good Neighborliness
President of the Russian Federation Vladimir Putin participated in an international forum dedicated to the International Year of Peace and Trust, the International Day of Neutrality, and the 30th anniversary of the proclamation of Turkmenistan's permanent neutrality. Russian President Vladimir Putin opened his address with warm congratulations to President of Turkmenistan … [Read more...]
Uzbekistan and Turkmenistan: a strategic partnership that strengthens the region
In recent years, cooperation between the Republic of Uzbekistan and Turkmenistan has been experiencing a new, truly rapid stage of development. Today, bilateral relations are no longer limited to just diplomatic ties — they have acquired a complex character: from joint economic, transport and logistics projects to large-scale cultural initiatives that strengthen friendship and … [Read more...]
Russia and China Deepen Financial Alliance With Moscow’s Landmark Yuan Bond Issue
Russia has taken a major step toward fuller integration with China’s financial system by issuing its first sovereign bonds denominated in Chinese renminbi, raising nearly $3 billion in a transaction that both sides hailed as a milestone in their rapidly expanding economic partnership. The information comes from the Financial Times and the Russian media. The Russian Finance … [Read more...]
European Union Says It Seeks No Expansion in Central Asia
The European Union’s special representative for Central Asia, Eduards Stiprais, rejected suggestions that Brussels is pursuing political or economic expansion in the region, emphasizing that the bloc’s growing engagement is driven solely by mutual benefit and a desire for stability. “We are not immediate neighbors, so it is very difficult to accuse us of any attempts at … [Read more...]
OPEC Fund Has Invested Heavily in Central Asia, Kazakhstan Official Says
The OPEC Fund for International Development, a multilateral lender owned by OPEC member states, has directed more than $1.4 billion to development projects across Central Asia over the past 20 years, Kazakhstan’s first deputy minister of national economy, Azamat Amrin, told lawmakers this week. The figure emerged during parliamentary debate on ratification of a framework … [Read more...]
Afghanistan Strengthens Export Ties with Central Asia Through Local Manufacturing and Trade Expansion
As reported by Omid Radio, Afghanistan has launched the 25th phase of exports from Herat province, marking a significant milestone in the country's efforts to expand trade with Russia, Uzbekistan, Kazakhstan, Turkmenistan, and Kyrgyzstan. During a ceremony in Herat, Governor Shaikh Maulana Islam Jar emphasized the growing production capabilities of Afghanistan, particularly … [Read more...]
ADB-Turkmenistan – 25 Years of Partnership
For 25 years, the Asian Development Bank (ADB) and the Government of Turkmenistan have partnered to meet the country's critical development needs. Since Turkmenistan became a member of ADB in 2000, the bank has helped the country progress on its path toward sustainable economic and social development. ADB has contributed toward improving transport infrastructure, strengthening … [Read more...]
We look with optimism towards the future of the Romanian-Turkmen cooperation, says Ambassador Ion Naval
Ambassador Ion Naval of Romania to Turkmenistan hosted a reception on 1 December 2022 to mark the National Day of Romania. The chief guest representing the Government of Turkmenistan was Mammetguly Astanagulow, Minister of Finance and Economy and Co-Chairman of the Turkmen side of the Romanian-Turkmen Intergovernmental Commission on Economic, Scientific and Technical … [Read more...]
TAPI: The idea, the ideology, and the way forward – Part Two
Tariq Saeedi In the first part of this report, we established that TAPI is no merely an idea, it is an ideology. Under this new paradigm, we decided to start with two basic questions: Both of these questions must be answered together for the sake of clarity. In this part of the series, we will also deal with a supplementary question: Can the consumers in Pakistan pay … [Read more...]
TAPI: The idea, the ideology, and the way forward – Part One
Tariq Saeedi The Statement: TAPI is more than an idea --- it is an ideology. The Spectrum: From Preposterous to Profound TAPI, as a gas pipeline project connecting Turkmenistan with Afghanistan, Pakistan, and India is an idea; an idea whose time has come, an idea that is akin to the force of nature. TAPI, as a corridor, is the collective name for a number of … [Read more...]
54th Anniversary of the UAE National Day Celebrated in Ashgabat: Ambassador Alhameli Announces Record Trade Growth with Turkmenistan
On 28 November 2025, UAE Ambassador to Turkmenistan Ahmed Alhay Alhameli hosted a grand reception in Ashgabat to mark the 54th anniversary of the National Day of the United Arab Emirates. The event was attended by heads and staff of diplomatic missions accredited in Ashgabat, representatives of Turkmen business circles, journalists, public figures, well-known bloggers, and … [Read more...]
C5 is now C6 – What will change?
Tariq Saeedi The transformation of Central Asia's consultative mechanism from C5 to C6 with Azerbaijan's formal inclusion represents far more than a diplomatic courtesy. At the November 2025 Tashkent summit, Central Asian leaders agreed that Azerbaijan would participate as a full member in future meetings, marking a strategic realignment that recognizes existing realities … [Read more...]
Turkmenistan and Qatar Strengthen Strategic Partnership: Outcomes of the Third Intergovernmental Commission Meeting in Doha
On 26 - 27 November, 2025, the third meeting of the Intergovernmental Turkmen-Qatari Commission on Trade and Economic Cooperation was held in Doha, State of Qatar. Heads and representatives of various government agencies and business circles of two countries participated in the meeting. The session was co-chaired by Turkmenistan’s Minister of Trade and Foreign Economic … [Read more...]
Global Gateway: 3rd EU-Central Asia Economic Forum – Key Deliverables
The 3rd EU – Central Asia Economic Forum demonstrated the growing momentum of the partnership between the European Union and the countries of Central Asia. Coming after the first-ever EU – Central Asia Summit in Samarkand, the EU – Central Asia Ministerial meeting in Ashgabat, and the recent visit of Shavkat Mirziyoyev, the President of … [Read more...]
China’s 15th Five-Year Plan Opens New Opportunities for Strengthening Strategic Partnership with Turkmenistan
Elvira Kadyrova On 26 November 2025, a media briefing was held at the Embassy of the People’s Republic of China in Ashgabat, Turkmenistan. Ji Shumin, China’s Ambassador Extraordinary and Plenipotentiary, presented the outcomes of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China and the key provisions of the newly approved 15th … [Read more...]
State Visit of the President of Turkmenistan to Kazakhstan: A New Chapter in Strategic Partnership
On 24–25 November 2025, President of Turkmenistan Serdar Berdimuhamedov paid a state visit to the Republic of Kazakhstan at the invitation of President Kassym-Jomart Tokayev. The summit talks were held at the Akorda Palace on 25 November, in a narrow and an expanded formats with the participation of official delegations. Both leaders emphasized the special closeness of … [Read more...]
Kazakhstan and Turkmenistan Forge Closer Economic Ties, Focus on $1 Billion Trade and New Transit Corridors
Deputy Prime Ministers of Kazakhstan and Turkmenistan met in Astana today to accelerate economic partnership, setting their sights on a $1 billion trade target and securing vital logistics routes. Serik Zhumangarin, Kazakhstan’s Deputy Prime Minister and Minister of National Economy, held discussions with Khodjamyrat Geldimyradov, Deputy Chairman of the Cabinet of Ministers … [Read more...]
Turkmenistan Adopts 2026 State Budget
At the latest session, the Parliament of Turkmenistan adopted the Law "On the State Budget of Turkmenistan for 2026." The full text of the Law has been published in Turkmenistan's print and electronic media. As reported by the state news agency TDH, the 2026 state budget of Turkmenistan provides for accelerated development of the country's core economic sectors, including … [Read more...]
10th Meeting of the Turkmenistan-Tatarstan Working Group Held in Ashgabat: New Areas for Cooperation Growth outlined
The 10th meeting of the Joint Turkmenistan-Tatarstan Working Group on Trade-Economic, Scientific-Technical, and Cultural Cooperation took place in Ashgabat on 20–21 November 2025. The delegation from the Republic of Tatarstan was led by Deputy Prime Minister and Minister of Industry and Trade Oleg Korobchenko. Opening the meeting, the co-chairs noted the high level of … [Read more...]
Turkmenistan-Tatarstan Working Group on Trade, Economic, and Humanitarian Cooperation Holds Meeting in Ashgabat
On 20–21 November 2025, the 10th meeting of the Joint Turkmen-Tatarstan Working Group on Trade-Economic, Scientific-Technical, and Cultural Cooperation is taking place in Ashgabat. The delegation of the Republic of Tatarstan is headed by Deputy Prime Minister and Minister of Industry and Trade of the Republic of Tatarstan Oleg Korobchenko, TDH reports. Opening the meeting, … [Read more...]
Newly appointed Ambassador of Qatar presents credentials to President of Turkmenistan
President Serdar Berdimuhamedov received the newly appointed Ambassador of Qatar to Turkmenistan, Nasser bin Ahmed Al Taher, who presented his credentials to the head of state, the Turkmenistan State News Agency (TDH) reports. During the meeting, the diplomat emphasized that Qatar highly values its friendly relations with Turkmenistan. Taking the opportunity, the Ambassador … [Read more...]
Outcomes of the State Visit of the President of Turkmenistan to Uzbekistan: Mirziyoyev Awards Berdimuhamedov Uzbekistan’s Highest State Order – First Joint Border Trade Zone Launched
On 17 November 2025, in Tashkent, on the second day of the state visit of the President of Turkmenistan to the Republic of Uzbekistan, high-level talks were held between President Serdar Berdimuhamedov and President Shavkat Mirziyoyev. The meeting, which took place first in a narrow format and then in an expanded format with the participation of official delegations, … [Read more...]
China’s leading engineering corporations’ delegation holds series of meetings in Turkmenistan
From 17 to 22 October 2025, Wang Bo, Chairman of the Board of China CAMCE Corporation (China CAMC Engineering Ltd.) and China Machinery Engineering Corporation (CMEC), visited Turkmenistan on a working trip. The visit included a series of high-level business meetings aimed at strengthening bilateral cooperation in infrastructure, energy, and industry. This was reported by the … [Read more...]
Great Milestone in Maritime History of Turkmenistan – First Domestically Built Cargo Ship Launched
nCa Report On November 4, 2025, Turkmenistan marked a major milestone in its maritime history with the launching ceremony of the "Gadamly", the country's first domestically built cargo ship, an event that's being hailed as a symbol of national progress and international collaboration. This dry cargo vessel, with a carrying capacity of 6,100 tons and designed specifically … [Read more...]
US and Central Asian Nations adopted C5+1 Joint Statement for Economic cooperation – Critical Minerals, AI Integration and Trans-Caspian Connectivity under the spotlight
The Governments of the United States of America, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan commemorated the tenth anniversary of the C5+1 diplomatic platform with a joint statement outlining a renewed commitment to regional prosperity, sustainable development, and strengthened economic cooperation. Established in 2015, the C5+1 framework has … [Read more...]
Turkmenistan President’s Visit to Washington: Participation in the C5+1 Summit, Series of Meetings, Turkmen-American Business Forum
During a working visit to the United States from 4 to 7 November 2025, President of Turkmenistan Serdar Berdimuhamedov participated in the “Central Asia + United States of America” (C5+1) Summit in Washington, met with President Donald Trump, and held a series of meetings with business leaders and high-ranking officials. Additionally, a Turkmen-American business forum was held … [Read more...]
The 24th meeting of the Turkmenistan–European Union Joint Committee was held in Ashgabat
On 7 November 2025, the 24th meeting of the Turkmenistan-European Union Joint Committee was held in Ashgabat. The delegation of Turkmenistan was headed by Deputy Minister of Finance and Economy B.Yalakov. The delegation of the European Union was headed by Audrone Percauskene, Deputy Managing Director for Eastern Europe and Central Asia of the European External Action … [Read more...]
Ambassador of Turkmenistan to Romania Held a Meeting with the Chairman of Chimcomplex
On November 7, 2025, Turkmenistan's Ambassador to Romania, A. Annayev, met with Stefan Vuza, Chairman of the Board of the Romanian company Chimcomplex. During the conversation, the Romanian side was briefed on the main development areas of Turkmenistan's oil, gas, and industrial sectors, in particular the ongoing policy to diversify and modernize the industry, as well as the … [Read more...]
Central Asia Economic Outlook 2025: A Comprehensive Survey of Macroeconomic Indicators and Projections
Editor’s Note: This report is experimental in nature. We have taken the data from IMF, World Bank, ADB, EBRD, and EDB and attempted to arrive at mean economic indicators. All of these financial institutions have their own methodologies because of the differences in their particular focus. This leads to the economic indicators being assessed differently by the different … [Read more...]
The Success of Turkmenistan’s Economic Days in Frankfurt
Turkmenistan Economy Days were successfully held in Frankfurt am Main, Federal Republic of Germany, serving as an important platform for strengthening trade, economic and investment cooperation between Turkmenistan, Germany, and other countries across the European region. The Forum was organised by the Chamber of Commerce and Industry of Turkmenistan and TMT Consulting … [Read more...]
Turkmenistan’s Economy Days in Germany: 12 Memorandums Signed and Over 120 Meetings Held
Frankfurt am Main, 30 October 2025 — The first day of the business forum "Turkmenistan's Economy Days in Germany" in Frankfurt was marked by dynamic negotiations and significant agreements. The event, organized to strengthen economic ties between Turkmenistan and Germany, brought together more than 230 participants, underscoring the growing interest in joint projects in the … [Read more...]
Turkmenistan Charts Path for Deeper Economic Partnership with Germany at Frankfurt Forum
Elvira Kadyrova Senior Turkmen officials have outlined ambitious plans for expanded cooperation with Germany during the Turkmenistan Economy Days forum in Frankfurt, presenting a picture of a country achieving robust economic growth while actively seeking to deepen its integration into global financial markets. Speaking at the forum on October 30, 2025, Deputy … [Read more...]
Kazakhstan, Afghanistan Advance Industrial Cooperation, Plan New Transit Corridor
The third Kazakhstan–Afghanistan Business Forum and Afghan Goods Exhibition opened in Shymkent on Oct. 28, bringing together more than 180 Afghan entrepreneurs and representatives from both governments to expand trade, industrial cooperation, and humanitarian partnership. The event was attended by Kazakh Deputy Prime Minister and Minister of National Economy Serik … [Read more...]
Central Asia and the Law of Proximity
Tariq Saeedi Have you ever noticed how you're more likely to strike up a friendship with the person sitting next to you in class or the neighbor across the street than someone halfway across the world? It's not just coincidence—it's this fascinating idea called the ‘Law of Proximity’ from social psychology. Basically, it boils down to the fact that physical closeness … [Read more...]
Turkmenistan Economic Days in Frankfurt: New Opportunities for European Investors
The Turkmenistan Economy Days forum is set to take place very soon in Frankfurt am Main, opening up broad horizons for European businesspeople in terms of investment and partnership opportunities. Participants will be introduced to the key areas of the country’s economic development: At the Cabinet of Ministers’ digital meeting on 17 October, President Serdar … [Read more...]
World Bank: Europe and Central Asia Must Invest in Jobs to Drive Growth
Economic growth in Europe and Central Asia has slowed but the region remains resilient despite ongoing global and regional challenges, according to a World Bank press release issued on October 7, 2025. Regional GDP is expected to grow by 2.4 percent in real terms this year, down from 3.7 percent in 2024. The slowdown is primarily driven by a weaker pace of expansion in … [Read more...]
President of Turkmenistan Participates in joint Turkmen-Italian Business Forum
nCa Report President Serdar Berdimuhamedov of Turkmenistan made an official visit to Italy, and during his trip, a major business forum was held in Rome that brought together business representatives from both countries. The event was seen as an important milestone in strengthening the trade, economic, and investment relationship between Turkmenistan and Italy. Giorgio … [Read more...]
Speaker of Turkmenistan Parliament visits Moscow: Gulmanova and Matviyenko discuss strategic partnership and sign inter-parliamentary agreement
On 21 October 2025, Chairwoman of the Mejlis of Turkmenistan, Dunyagozel Gulmanova, met with Chairperson of the Federation Council of the Federal Assembly, Valentina Matviyenko, as part of an official visit to Moscow. During the meeting, the Speaker of the Federation Council stated that Dunyagozel Gulmanova’s visit to Moscow is of particular importance. "This is your first … [Read more...]
President of Turkmenistan Receives Deputy Prime Minister of Kazakhstan: Focus on Trade, Economic, and Transport Cooperation
On 17 October 2025, President Serdar Berdimuhamedov received Galymzhan Koishybayev, Deputy Prime Minister and Head of the Government Office of the Republic of Kazakhstan. At the beginning of the meeting, Koishybayev conveyed greetings from President Kassym-Jomart Tokayev of Kazakhstan to the President of Turkmenistan and the National Leader of the Turkmen people. In turn, … [Read more...]
Uzbekistan and Belgium: Toward a New Stage of Strategic Partnership with the European Union
Obid Khakimov, Director of the Center for Economic Research and Reforms (Uzbekistan) In October, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, will pay a visit to the Kingdom of Belgium, during which important decisions are expected to be made that will mark a qualitatively new stage in relations between Uzbekistan and the European Union. In particular, … [Read more...]
Turkmen-Russian Intergovernmental Commission Meeting in Ashgabat: Focus on Trade, Transport, and Education
The meeting of the Turkmen-Russian Intergovernmental Commission on Economic Cooperation took place in Ashgabat. The commission was co-chaired by Deputy Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly Atagulyev, responsible for the trade sector, and Deputy Chairman of the Government of the Russian Federation Marat Khusnullin. “Our cooperation rests on a … [Read more...]
Malaysia Celebrates 68th National Day in Ashgabat, Highlights Strong Ties with Turkmenistan
The Ambassador of Malaysia in Turkmenistan Mohd Suhaimi Ahmad Tajuddin hosted a grand reception in Ashgabat to commemorate Malaysia’s 68th National Day, with a strong emphasis on the deepening relationship between Malaysia and Turkmenistan. The chief guest from the Government of Turkmenistan was Deputy Prime Ministry Batyr Amanov, in charge of oil and gas sector. In his … [Read more...]
The Minister of Foreign and European Affairs of Croatia is on a visit to Ashgabat
Minister of Foreign and European Affairs of Croatia Gordan Grlić-Radman, is on a visit to Turkmenistan on 7-8 October 2025. The purpose of the visit is to strengthen economic relations, with a special focus on cooperation in the energy sector. During the visit, the Minister met with the President of Turkmenistan, Minister of Foreign Affairs and Speaker of the Mejlis. The … [Read more...]
Vast Potential of Partnership between Turkmenistan and Malaysia
nCa Report The prospects for cooperation between Turkmenistan and Malaysia look promising, with a solid foundation in energy and growing opportunities in trade, education, tourism, and other sectors. Recent developments, such as the restructuring of the Petronas Production Sharing Agreement (PSA) in the Caspian Sea and a surge in bilateral trade, suggest potential for … [Read more...]
Turkmenistan and Italy to Hold Business Forum in Rome
On 6 October 2025, in Rome, Ambassador of Turkmenistan Toyly Komekov met with Adolfo Urso, Italy’s Minister for Enterprises and “Made in Italy” Products. The two discussed prospects for bilateral cooperation in strategically important sectors such as critical raw materials, the space industry, energy, and investments aimed at developing the business environment in both … [Read more...]
OTS under chairmanship of Kyrgyzstan: New initiatives and directions of integration
Ambassador Kubanychbek Omuraliev, Secretary General of the Organization of Turkic States In recent years, the Organization of Turkic States (OTS) has firmly established itself as one of the most dynamic regional associations in the world. Today, the Member States cooperate in more than 40 areas, ranging from foreign policy, trade, and energy to digital integration, green … [Read more...]