Dear compatriots! Dear participants of the meeting of the Halk Maslakhaty! Today, in the era of the Renaissance of a new era of a powerful state, we celebrate our country's main holiday – Turkmenistan Independence Day – with glorious accomplishments and labor achievements. I heartily congratulate you and your people on the 34th anniversary of your sacred independence! … [Read more...]
TIF 2025: Private Sector Share in Turkmenistan’s Economy Rises to 72.8% in 2024
Elvira Kadyrova and Ravilya Kadyrova Awaza, 19 September 2025 – In 2024, the share of the private sector in Turkmenistan’s economy—excluding the fuel and energy complex—reached 72.8%, marking a 1.5 percentage point increase compared to 2023. This was announced by Perkhat Yagshiev, Deputy Minister of Finance and Economy of Turkmenistan, during the Turkmenistan Investment … [Read more...]
TIF 2025: Turkmenistan Strengthens Its Position in the Global Market — Foreign Trade Turnover Exceeds $19.7 Billion in 2024
Avaza, 19 September 2025 — At the sixth session of the Turkmenistan Investment Forum (TIF 2025), held under the theme “Strengthening Institutional Foundations of Trade: Access into New Trade Markets,” Deputy Minister of Finance and Economy of Turkmenistan, Bekmurat Allakbayev, presented key indicators of the country’s foreign economic activity. According to the Ministry of … [Read more...]
Turkmenistan Investment Forum Opens, Highlighting Strategic Economic Vision
AWAZA, Turkmenistan – September 18, 2025 – The Turkmenistan Investment Forum (TIF 2025) officially opened today in the National tourist zone "Awaza," welcoming over 800 international and local delegates to explore the country's investment landscape. The forum began with a high-level plenary session titled "Investment Attractiveness of Turkmenistan as a Factor of Strategic … [Read more...]
Turkmenistan Attracts Investment and Strengthens Economy: GDP Exceeds $68.7 Billion in 2024
Elvira Kadyrova AWAZA, 18 September 2025 — At the Turkmenistan Investment Forum TIF 2025 in the Awaza National Tourism Zone, Minister of Finance and Economy Mammetguly Astangulov presented key achievements and prospects for the country’s economic development. In his speech, he highlighted successes in implementing an industrial-innovative economic model focused on … [Read more...]
President of Turkmenistan Congratulates Participants of the TIF 2025 Investment Forum in Awaza
President of Turkmenistan Serdar Berdimuhamedov addressed a congratulatory message to the participants of the Turkmenistan Investment Forum (TIF 2025), which opened in the National Tourist Zone “Awaza” on the eve of the 34th anniversary of the country’s independence. In his address, the head of state emphasized that the forum plays a pivotal role in enhancing Turkmenistan’s … [Read more...]
Second Ministerial Dialogue “Central Asia + Japan” on Economy and Energy Held in Tokyo
On 16 September 2025, the Second Ministerial Dialogue on Economy and Energy in the “Central Asia + Japan” format took place in Tokyo, chaired by Japan’s Minister of Economy, Trade and Industry, Yoji Muto. The meeting brought together high-level representatives from Central Asian countries and Japan: - Yoji Muto, Minister of Economy, Trade and Industry of Japan; - … [Read more...]
Turkmenistan Showcases Sustainable Development Achievements at Almaty Forum
From 3 to 5 September 2025, the Ninth Multilateral Forum of North and Central Asia on the Implementation of Sustainable Development Goals (SDGs) and the preparation of Voluntary National Reviews (VNRs) was held in Almaty, Kazakhstan. The event was organized by the Sub-Regional Office of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), as … [Read more...]
Turkmenistan: Labor Market on the Rise, Private Sector Drives Employment
Turkmenistan is demonstrating steady progress in the field of employment, as evidenced by data from the Department of Labor Resources and Employment of the Ministry of Labor and Social Protection. Currently, the working-age population accounts for 98.5% of the country’s total labor resources, with an average annual growth rate of labor resources maintained at 1.0%. These … [Read more...]
EDB and India Exim Bank Analyze Trade and Investment Relations Between India and Central Asia
Mutual trade between India and Central Asian countries has grown from $500 million in 2010 to $1.7 billion, following an upward trajectory. This is highlighted in an analytical report titled “Exploring Trade and Investment Relations between India and Central Asia: Unlocking Economic Benefits.” The report was jointly prepared by the Eurasian Development Bank (EABR) and the … [Read more...]
Baherden Ceramic Products Plant – Flagship of Turkmenistan’s Construction Industry
Eziz Doganlar H.J., a private economic society and a member of the Union of Industrialists and Entrepreneurs of Turkmenistan, will be a Gold Sponsor of the Turkmenistan Investment Forum (TIF 2025), which will take place on September 18–19, 2025, at the Conference Center of the Avaza Sports Complex, Avaza resort area, Caspian Sea coast (Turkmenbashi city). The Forum, organized … [Read more...]
3rd EU-Central Asia Economic Forum to take place in Uzbekistan in November
The third EU-Central Asia Economic Forum will take place in Tashkent, Uzbekistan, on 26 November 2025, according to the website of the European Commission’s Directorate-General for International Partnerships. Building on the two previous iterations of the EU-Central Asia Economic Forum, held in 2021in Bishkek and 2023 in Almaty, and organised in partnership with the … [Read more...]
New Glass Production Facility Launched in Turkmenistan
On 8 September 2025, a new glass production workshop was inaugurated at an industrial complex in the northern part of Ashgabat. President Serdar Berdimuhamedov led the opening ceremony. The new facility has a daily production capacity of 100 tons. The workshop belongs to the ‘Turkmen aýna öñümleri’ [Turkmen glass products] factory and was built by the private company … [Read more...]
“Great Stone” Industrial Park in Minsk Could Become a Platform for Turkmen-Belarusian Cooperation
The possibilities for expanding trade and economic cooperation between Turkmenistan and Belarus were discussed during a meeting between Turkmenistan’s Ambassador Nazarguly Shagulyev and the management of the “Great Stone” Industrial Park, located near Minsk. During the visit, the parties explored the potential of using the park’s platform to attract investments and … [Read more...]
The President of Turkmenistan and the head of JBIC discussed the expansion of partnership
On 5 September 2025, President of Turkmenistan Serdar Berdimuhamedov held a meeting with Kazuhiko Amakawa, Deputy President of the Japan Bank for International Cooperation (JBIC). During the talks, the parties discussed prospects for further deepening economic cooperation between Turkmenistan and Japan. Kazuhiko Amakawa highly appreciated Turkmenistan's achievements in … [Read more...]
Central Asia and Gulf Countries Strengthen Trade Partnership: Turnover Surges Fourfold to $3.3 Billion
In a significant milestone for regional economic cooperation, trade between Central Asia and the Gulf Cooperation Council (GCC) countries has seen remarkable growth, reaching $3.3 billion in 2024, according to the Eurasian Development Bank (EDB). This represents a 4.2-fold increase compared to 2020, underscoring the deepening economic ties between the two regions. The GCC … [Read more...]
Turkmenistan’s Private Sector implemented $28 Billion in Projects, created 425,000 Jobs
Turkmenistan's private companies have implemented more than 5,000 projects valued at over $28 billion, creating around 425,000 jobs. This was announced by the National Leader of the Turkmen people and Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov during the opening of the International University of Industrialists and Entrepreneurs in Ashgabat on 1 … [Read more...]
Turkmenistan–China: towards strengthening friendship and cooperation
Serdar Berdimuhamedov, President of Turkmenistan. People's Daily Newspaper Dear Chinese friends! I am deeply grateful to the leadership of the People's Daily for their initiative to publish this article ahead of the Turkmenistan delegation’s visit to the People’s Republic of China. I welcomed this opportunity with enthusiasm, as it allows me to address the vast readership … [Read more...]
South Korean companies implemented multi-billion dollar gas chemical projects in Turkmenistan
On 29 August 2025, President of Turkmenistan Serdar Berdimuhamedov and President of the Republic of Korea Lee Jae Myung had a telephone conversation, TDH reports. President Lee Jae Myung stressed the great importance attached in the Republic of Korea to building up multifaceted cooperation with Turkmenistan. He noted the significant contribution of the National Leader of the … [Read more...]
TIF 2025 Welcomes Turkmen Delegates with an exclusive offer
Ashgabat, 29 August 2025 – The Turkmenistan Investment Forum 2025 (TIF 2025), a key platform for investment attraction and business development, announces a special offer for Turkmen participants. Only until September 4, 2025, legal entities and Turkmen entrepreneurs can register at reduced prices, saving up to 3000 TMT! Special registration conditions - Legal entities: … [Read more...]
Kazakhstan and Turkmenistan Strengthen Interregional Ties
A delegation from Turkmenistan's Balkan province, led by the governor Khojamyrat Ashirmyradov, paid a visit to Kazakhstan's Mangystau region. During the visit, a meeting was held on 28 August with the Akim (governor) of the region, Nurdaulet Kilybay. According to the press service of the Akim of the Mangystau region, the parties discussed the Strategic Partnership … [Read more...]
Turkmenistan and Russia Foreign Ministers-Level Talks in Moscow to Strengthen Strategic Partnership
Russia and Turkmenistan emphasized the alignment of their positions on the international stage and expressed a mutual commitment to intensifying joint projects in the fields of transport, infrastructure, and energy. On August 28, 2025, a meeting took place in Moscow between Turkmenistan’s Foreign Minister Rashid Meredov and Russian Foreign Minister Sergey Lavrov, according … [Read more...]
Roadmap to Boost Trade: How Bishkek and Astana Strengthen Economic Ties
On 22 August 2025, during the official visit of President of the Republic of Kazakhstan Kassym-Jomart Tokayev to the Kyrgyz Republic and summit talks with President Sadyr Japarov, a series of bilateral documents were signed aimed at further strengthening cooperation between the two countries across various domains, from economy and trade to culture and security. This recent … [Read more...]
Entrepreneurial Activity in Uzbekistan Demonstrates Steady Growth
On the eve of Entrepreneur’s Day, the Center for Economic Research and Reforms (CERR) presented an overview of the business climate in Uzbekistan, based on a nationwide survey. The results show that more than one-third of entrepreneurs report improved business activity, while the majority expect higher demand and increased employment in the coming months. Overall, the business … [Read more...]
Kazakhstani Business Delegation Visits Ashgabat: New Steps Toward Industrial Cooperation
A business delegation from the Republic of Kazakhstan, led by Deputy Chairman of the Committee for Industry of the Ministry of Industry and Construction of Kazakhstan, Mukhammed Andakov, visited Ashgabat. The delegation included representatives from around 20 Kazakhstani companies operating in key sectors such as mechanical engineering, automotive manufacturing, mining and … [Read more...]
Turkmenistan and Eswatini Launch Talks for Economic and Technological Cooperation
High-level discussions between Turkmenistan and Eswatini, held on the sidelines of the Third UN Conference on Landlocked Developing Countries in Awaza, Turkmenistan, marked the beginning of a promising bilateral relationship aimed at fostering mutual economic and technological growth. The talks, led by Eswatini’s Minister for Foreign Affairs and International Cooperation, … [Read more...]
Uzbekistan and Turkmenistan to Increase Trade Turnover to US $ 2 Billion
Turkmenistan and Uzbekistan have agreed to approve a joint Action Plan aimed at increasing mutual trade volumes to US $ 2 billion, according to the Ministry of Investments, Industry, and Trade of the Republic of Uzbekistan. This agreement was reached in Avaza on the sidelines of the Third United Nations Conference on Landlocked Developing Countries, where Uzbekistan’s … [Read more...]
The National Leader of Turkmenistan and the Rais of Tatarstan noted significant prospects for strengthening bilateral relations
On 5 August 2025, a meeting took place in the Avaza National Tourism Zone on the sidelines of the third UN conference on landlocked developing countries between the National Leader of the Turkmen people, Gurbanguly Berdimuhamedov, and the Rais of the Republic of Tatarstan, Rustam Minnikhanov. Rustam Minnikhanov sincerely thanked Gurbanguly Berdimuhamedov for the attention … [Read more...]
What makes Uzbekistan attractive to foreign investors?
Mels Ochilov, Chief Specialist at the Ministry of Investments, Industry and Trade of Uzbekistan Located in the very heart of Central Asia, Uzbekistan is becoming an increasingly appealing destination for international investors. Over the past seven years, the country has attracted 120 billion US dollars in investments and established over 6,000 enterprises. In particular, … [Read more...]
Azerbaijan and Turkmenistan Strengthen Economic Partnership – 8th Joint Commission Meeting
On July 28, 2025, Baku hosted the 8th meeting of the Joint Intergovernmental Commission on cooperation in the economic and humanitarian spheres between Azerbaijan and Turkmenistan. The meeting concluded with the signing of a protocol aimed at expanding bilateral partnership across multiple economic sectors. Key Participants Co-Chairs of the Joint Intergovernmental … [Read more...]
UK Parliament Launches New Group to Strengthen Ties with Central Asia
On 14 July 2025, the UK Parliament hosted the inaugural meeting of the newly established All-Party Parliamentary Group (APPG) for Cooperation with Central Asian Countries. This initiative marks a significant step in enhancing parliamentary diplomacy and building up stronger ties between the UK and the Central Asian region, the foreign ministry of Kazakhstan reports. The … [Read more...]
Meeting of the Ambassador of Turkmenistan with the Vice-President of the Romanian Agency for Investments and Foreign Trade
On July 17, 2025, a working meeting took place between the Extraordinary and Plenipotentiary Ambassador of Turkmenistan to Romania, Annamammet Annaev, and the Vice President of the Romanian Agency for Investments and Foreign Trade, Mr. Doru-Claudian Frunzulică. The main topic of discussion was the organization of the 8th session of the Joint Turkmen-Romanian … [Read more...]
The First Day of the Official Visit of the National Leader of the Turkmen People to Azerbaijan
On 16 July 2025, the National Leader of the Turkmen people and Chairman of the Halk Maslahaty of Turkmenistan, Gurbanguly Berdimuhamedov, departed for a two-day official visit to Azerbaijan. The summit talks, meetings with Azerbaijani leadership, parliamentary representatives, and religious figures held on the first day of the visit affirmed the steady and progressive nature … [Read more...]
Uzbekistan Technological Metals Complex (TMK) strengthens international cooperation
TMK has carried out its first export of metallic rhenium based on a contract signed with the Estonian company “VLCor Baltic OU”. This marks the actual beginning of metallic rhenium exports from Uzbekistan. Rhenium is considered a globally recognized strategic metal used in advanced technologies, the aerospace industry, and the production of high-temperature … [Read more...]
Modern Turkmen Gardening in Focus: The Vision of JSC “Miwe”
The Open Joint Stock Company (JSC) Miwe brings together four agricultural enterprises—Hemsaýa, Gök bulut, Miweli atyz, and Datly miwe. Collectively, they manage 1,200 hectares of state-leased land for a 99-year term in the Kaakhka district and near the village of Bagir in Akhal province. Each farm plays a vital role in advancing Turkmenistan’s agro-industrial … [Read more...]
TAPI, trade and agriculture top agenda for Turkmenistan-Afghanistan Meeting on the sidelines of ECO Summit in Azerbaijan
On 3 July 2025, in Khankendi, Azerbaijan, Deputy Prime Minister, foreign minister Rashid Meredov met with Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs Office of Afghanistan. The meeting took place on the sidelines of the ECO Summit. At the focus of the discussion was the multi-nation Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project, … [Read more...]
Türkiye and Turkmenistan strengthen trade partnership: Minister Bolat announces increased trade turnover and strategic projects
The opening of two major events in Istanbul at once — the Turkmenistan–Türkiye Trade Exhibition and the International Food Industry and Technology Exhibition F Istanbul — marked an important stage in the development of Turkish-Turkmen economic ties. The opening ceremony was attended by Turkish Trade Minister Ömer Bolat, who emphasized the symbolism of the simultaneous … [Read more...]
Daewoo E&C Chairman’s Visit to Turkmenistan Strengthens Strategic Ties
From 26 to 30 June 2025, Daewoo Engineering & Construction Chairman Jung Won-joo visited Ashgabat, Turkmenistan, engaging in high-level discussions with key officials, including President Serdar Berdimuhamedov, National Leader and Chairman of the People’s Council Gurbanguly Berdimuhamedov, and several deputy prime ministers, as reported by Korean media. On 28 June, … [Read more...]
President of Turkmenistan Receives Newly Appointed Ambassador of Pakistan
On 30 June 2025, President Serdar Berdimuhamedov received the newly appointed Ambassador of Pakistan to Turkmenistan, Ms. Faryal Leghari, who presented her credentials to the head of state. During the meeting, the ambassador emphasized that Pakistan highly values Turkmenistan’s peace-loving policy. She also conveyed greetings from Pakistan’s President Asif Ali Zardari and … [Read more...]
Chinese giant Yutong celebrates an important milestone: 10,000 buses for Central Asia
On Thursday, 26 June, in the Chinese city of Zhengzhou, the 10,000th Yutong bus, intended for export to Central Asian countries, rolled off the assembly line, according to Xinhua. The Yutong Company, whose headquarters are located in Zhengzhou, the administrative center of Henan Province in Central China, is one of the country's main suppliers of buses. The first Yutong … [Read more...]
President of Turkmenistan and Russian FM Reaffirm Strategic Partnership and Cooperation Across Key Sectors
On 25 June 2025, President of Turkmenistan Serdar Berdimuhamedov received the minister of foreign affairs of Russia Sergey Lavrov. At the beginning of the meeting, on behalf of President Vladimir Putin, Lavrov conveyed greetings to President Serdar Berdimuhamedov, as well as to the National Leader of the Turkmen people, Gurbanguly Berdimuhamedov. The Minister … [Read more...]
The President of Turkmenistan received the Vice-President of the Asian Development Bank
On Monday, 23 June 2025, President of Turkmenistan Serdar Berdimuhamedov received Vice President of the Asian Development Bank for South, Central and West Asia Yingmin Yang. During the meeting, Yingming Yang noted that ADB pays special attention to cooperation with Turkmenistan, which demonstrates stable economic growth. In this regard, the ADB confirms its support for the … [Read more...]
Astana Declaration of the Second Central Asia-China Summit
The second China-Central Asia Summit was held in Astana, capital of Kazakhstan, on June 17, 2025. The full text of the Astana Declaration of the Second Central Asia-China Summit is given below. Astana Declaration of the Second Central Asia-China Summit On June 17, 2025, the second Central Asia-China summit was held in Astana with the participation of the President … [Read more...]
Ambassador of Turkmenistan Held a Meeting with the Chairman of Chimcomplex
On June 18, 2025, the Embassy of Turkmenistan in Bucharest hosted an official meeting between the Ambassador of Turkmenistan to Romania, Mr. A. Annaev, and Mr. Ștefan Vuza, Chairman of the Board of Romania’s leading chemical company, Chimcomplex. During the meeting, the two sides discussed opportunities for expanding Turkmen-Romanian cooperation in the fields of industry and … [Read more...]
Speech by President of Turkmenistan Serdar Berdimuhamedov at the Central Asia–China Summit
Dear Mr. President of the Republic of Kazakhstan, distinguished Heads of State of the People's Republic of China and Central Asia, distinguished members of the delegations! First of all, let me, on behalf of the delegation of Turkmenistan, thank the President of the Republic of Kazakhstan, dear Kassym-Jomart Kemelevich Tokayev, for the warm welcome and hospitality. The … [Read more...]
Report – Second China-Central Asia Summit
The Second China-Central Asia Summit, convened on June 17, 2025, in Astana, Kazakhstan, marked a pivotal moment in regional diplomacy. Bringing together leaders from China and the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—the summit built on the foundation laid during the inaugural meeting in Xi’an, China, in May 2023. Hosted … [Read more...]
Fitch Assigns ‘BB-‘ Rating to Turkmenistan’s State Bank for Foreign Economic Affairs; Stable Outlook
Fitch Ratings, in a press material issued from Dubai on 16 June 2025, has assigned ‘BB’ rating to the State Bank for Foreign Economic Relations of Turkmenistan (TEB). Here is a summarized version: Key Rating FactorsТВЭБ’s 'BB-' IDRs align with Turkmenistan’s sovereign rating (BB-/Stable), reflecting a moderate likelihood of government support, as indicated by ТВЭБ’s 'bb-' … [Read more...]
Turkmenistan is exploring Kazakhstan’s path to the WTO
The Ministry of Trade and Integration of the Republic of Kazakhstan received the official delegation of Turkmenistan as part of the exchange of experience on joining the World Trade Organization (WTO), according to QazTrade Trade Policy Development Center. The Turkmen delegation was headed by Ylham Yarashov, Head of the Department of Cooperation with the WTO of the Ministry … [Read more...]
Turkmenistan participated in CIS Heads of Government Council Meeting in Dushanbe
On 5 June 2025, a regular meeting of the Council of Heads of Government of the Commonwealth of Independent States (CIS) took place in Dushanbe. The meeting brought together prime ministers from Tajikistan, Azerbaijan, Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Uzbekistan. Turkmenistan was represented by Deputy Prime Minister for the Financial and Economic … [Read more...]
Belarus and Turkmenistan Exchange Expertise on Sustainable Development Goals implementation
On 3 June 2025, a meeting took place in Minsk between a Turkmen delegation and Belarusian officials as part of a cooperative initiative with the United Nations Development Program. The visit aimed to study Belarus' experience in implementing the Sustainable Development Goals (SDGs), according to the Ministry of Economy of Belarus. The Turkmen delegation, comprising … [Read more...]