Trade Minister of Türkiye Ömer Bolat took part in the opening of the 11th Exhibition of Turkish Export Goods in Ashgabat. "We are determined to continue our efforts to develop economic and commercial relations with our friendly and brotherly country, Turkmenistan, to increase mutual investments, and to reach a bilateral trade volume of $5 billion," he wrote on his page on … [Read more...]
The President of Turkmenistan congratulated the participants of the Exhibition of Turkish export goods
The Exhibition of export goods of the Republic of Türkiye starts today in Ashgabat. This event, which has already become a tradition, underlines the importance of Türkiye as one of Turkmenistan's key trade and economic partners. The exhibition will showcase the achievements of dozens of Turkish companies in various sectors, including industry, agriculture, construction … [Read more...]
International Islamic Trade Finance Corporation and ESCAP join forces in effort to grow export opportunities through Investment Promotion Agencies in Central Asia
The International Islamic Trade Finance Corporation (ITFC) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) have embarked on the implementation of a strategic partnership for a project under the Trade Connect Central Asia+ (TCCA+) Program in the region: “Boosting Exports through Foreign Direct Investments (FDI)”. The project complements … [Read more...]
Trade and economic ties, expansion of air links and higher education: The new Ambassador of Belarus to Turkmenistan shared on the future development of Turkmen-Belarusian relations
Stanislav Chepurnoi has been appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Turkmenistan. The corresponding decision was made by President Alexander Lukashenko, the BelTA news agency reports. Until now, Stanislav Chepurnoi served as Head of the Department of International Cooperation and Trade of the Office of the Council of Ministers of … [Read more...]
China is willing to increase the scale of trade and investment cooperation with Turkmenistan, says Wang Yi
On 30 November 2024, Deputy Prime Minister, Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with a Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi in Chengdu. During the meeting, the parties discussed a wide range of issues of bilateral cooperation, confirming their commitment to strengthening the comprehensive … [Read more...]
The Leaders of Kazakhstan and Russia announced the deepening of strategic partnership in the new global order
The state visit of the President of Russia to Kazakhstan is taking place on 27-28 November 2024. On the first day of the visit, President of Kazakhstan Kassym-Jomart Tokayev and President Vladimir Putin held summit talks. Following the talks, a joint statement was signed on deepening strategic partnership in the context of a new global order. The delegations of the two … [Read more...]
Kazakhstan and Russia: new horizons of strategic partnership
Article by the President of the Republic of Kazakhstan K.K.Tokayev published in the Russian newspaper Izvestia The relations between Kazakhstan and Russia serve as a model of strong and unbreakable friendship. Our strategic partnership and alliance are based on close historical and cultural ties, as well as shared responsibility for the future of the two peoples. Our … [Read more...]
Russia – Kazakhstan: a Forward-Looking Alliance Demanded by Life
Article by Vladimir Putin published in the Kazakhstanskaya Pravda newspaper On the eve of my regular state visit to the Republic of Kazakhstan, I would like to share my vision of the current state and future of the relations between our two countries on the pages of the authoritative Kazakhstanskaya Pravda newspaper. The cooperation between Russia and Kazakhstan has been a … [Read more...]
From Bukhara to Turkmenabat: strengthening interregional ties between Uzbekistan and Turkmenistan
On November 21, the II Turkmen-Uzbek Interregional Forum took place as part of the second day of the national exhibition of Uzbek goods. The event brought together heads of trade and financial institutions, regional administrations, and private sector representatives from both countries. As the speakers from the Turkmen side noted, the organization of such events, which have … [Read more...]
Foreign ministers of Turkmenistan and UAE met in Abu Dhabi
Sheikh Abdullah Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of UAE, received on 21 November in Abu Dhabi Rashid Meredov, Deputy Prime Minister and Minister of Foreign Affairs of Turkmenistan, MOFA UAE said in a press release. During the meeting, the two top diplomats discussed enhancing bilateral relations and cooperation between … [Read more...]
Kazakhstan and Hungary strengthen strategic partnership: President Tokayev visited Budapest
President of Kazakhstan Kassym-Jomart Tokayev paid a state visit to Hungary, the purpose of which was to give a new impetus to the multifaceted cooperation between the two countries. The visit, which marked the 30th anniversary of the establishment of diplomatic relations and the 10th anniversary of strategic partnership, confirmed the desire of the two countries to deepen … [Read more...]
A new enterprise in Turkmenabat produces glycyrrhizic acid from licorice
In October of this year, a new enterprise for the production of glycyrrhizic acid from licorice root (licorice) was opened in the industrial zone of the city of Turkmenabat. The enterprise is a part of the agro-industrial complex "Buýan" of the Ministry of Health and Medical Industry of Turkmenistan. The opening of the plant is an important step in the development of the … [Read more...]
Made in Uzbekistan Exhibition Opens in Turkmenistan
On 20 November 2024, the "Made in Uzbekistan" exhibition kicked off in Turkmenabat, Turkmenistan. The event coincides with the Second Turkmen-Uzbek Interregional Forum, showcasing a diverse range of Uzbek products and fostering collaboration between the two countries. The opening ceremony witnessed the presence of prominent figures, including Dilshod Rasulov, Deputy Chairman … [Read more...]
Tokayev visited Belgrade – Kazakhstan and Serbia set sights on joint projects in industry, transport, energy, and defense industry
On 19 November, President of Kazakhstan Kassym-Jomart Tokayev paid an official visit to Serbia, where he held talks with the country's top leadership, including President Alexander Vucic and Prime Minister Milos Vucevic. The visit was marked by the strengthening of bilateral relations and the signing of a number of important agreements. During the talks, special attention … [Read more...]
Astrakhan Region and Turkmenistan will hold a Business forum next year
Urgent issues of cooperation became the main topic of the meeting between the Minister of External Relations of the Astrakhan Region of the Russian Federation Vladimir Golovkov and the Consul of Turkmenistan in Astrakhan Gadam Ilamanov, the regional Ministry of External Relations reports. Both sides acknowledged the significant progress made in trade, economic, and cultural … [Read more...]
The EBRD invested over €333 million in 87 projects in Turkmenistan
The European Bank for Reconstruction and Development (EBRD) plans to develop a new five-year strategy for Turkmenistan, which will pay special attention to the development of the country's export potential. This was stated by Eric Livni, Head of the EBRD Representative Office in Turkmenistan, in an interview with the Neutral Turkmenistan newspaper. The EBRD, being the … [Read more...]
Turkmenistan: Digital transformation gains momentum
The 17th edition of the Turkmentel International Exhibition and Scientific Conference opened its doors today in Ashgabat, Turkmenistan. This two-day event focuses on advancements in telecommunications, information technology, and broadcasting. Over 200 companies from 30 countries are attending Turkmentel 2024, fostering international collaboration in the tech sector. Leading … [Read more...]
ALSAT: the first B2B marketplace in Turkmenistan
Turkmenistan's private sector is experiencing a surge. Not only are economic partnerships between state-owned entities and entrepreneurs flourishing, but businesses are also increasingly collaborating directly with each other. This growth has led to a new innovation – the launch of the country's first B2B marketplace, ALSAT (https://alsat.com.tm) . As reported by the Neutral … [Read more...]
The 10th meeting of the Joint Turkmen-German Working Group on Economic Cooperation was held in Berlin
On November 5, 2024, the 10th meeting of the Joint Turkmen-German Working Group on Economic Cooperation was held at the Federal Ministry for Economic Affairs and Climate Action of the Federal Republic of Germany with the participation of Deputy Chairman of the Cabinet of Ministers of Turkmenistan B.Atdaev. The meeting consisted of two sessions. The first session discussed … [Read more...]
Kazakhstan and France expand cooperation in the field of critical resources and investments – $2.2 billion deals signed
President Kassym-Jomart Tokayev of Kazakhstan concluded a two-day state visit to France on 5 November 2024. The visit resulted in the signing of a comprehensive package of 36 documents, including 14 commercial agreements valued at $2.2 billion. The set of documents also includes 1 intergovernmental and 21 interdepartmental agreements. One of the landmark documents signed … [Read more...]
The Ministry of Economic Development of Russia: trade turnover with Turkmenistan has increased by almost 50%
Russia and Turkmenistan discussed issues of bilateral cooperation in the fields of energy, transport, state cadastre and cartography, healthcare, education, engineering geology and regional cooperation. Relevant sectoral negotiations were held in Ashgabat as part of a meeting of the co-chairs of the Intergovernmental Russian-Turkmen Commission on Economic Cooperation, the … [Read more...]
The President of Turkmenistan received the Deputy Chairman of the Government of the Russian Federation
On Wednesday, 30 October, President of Turkmenistan Serdar Berdimuhamedov received Alexey Overchuk, Deputy Chairman of the Government of the Russian Federation, Co-chairman of the Intergovernmental Turkmen-Russian Commission on Economic Cooperation from the Russian side, TDH reports. As the Head of state noted, Turkmenistan, implementing a foreign policy course based on the … [Read more...]
President of Turkmenistan visits Tatarstan – BRICS Summit, Other Engagements
During his visit to Kazan, the capital of the Tatarstan Republic of Russia, President Serdar Berdimuhamedov participated in the BRICS Summit as invited guest. There were some other engagements unrelated to the summit. Turkmen President speaks at BRICS Summit Here is the speech of the president of Turkmenistan at the expanded-format (BRICS + Outreach) session of the … [Read more...]
Turkmenistan Suggests SCO Focus on Joint Infrastructure Projects, Including TAPI
On 16 October 2024, as part of a visit to Pakistan, a delegation of Turkmenistan headed by the Minister of Foreign Affairs of Turkmenistan Rashid Meredov took part in a meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO). Addressing the meeting, the Turkmen side noted that today there are objective and real opportunities to give … [Read more...]
The 3rd meeting of the Turkmen-Chinese working group on investment cooperation was held in Ashgabat
On October 14, 2024, the Third meeting of the Turkmen-Chinese working group on investment cooperation was held in Ashgabat. At the meeting, the Turkmen part of the working group was headed by the head of the Consolidated Department of Public Finance and Economic Policy of the Ministry of Finance and Economy Galina Romanova, the Chinese part was headed by the deputy head of … [Read more...]
The President of Mongolia made first-ever state visit to Turkmenistan – Agreements on transport, agriculture and tourism inked – Joint Statement on Interstate relations and Cooperation adopted
On 10-13 October 2024, President of Mongolia Khurelsukh Ukhnaa paid a state visit to Turkmenistan. This is the first state visit of the head of Mongolia to Turkmenistan since the establishment of diplomatic relations between the two countries on 23 April 1992, On October 12, high-level talks were held in Ashgabat between President Serdar Berdimuhamedov and President … [Read more...]
Over 80 Companies from Mongolia and Turkmenistan participated in Joint Business Forum in Ashgabat
As part of the state visit of President of Mongolia Ukhnaa Khurelsukh to Turkmenistan, a Mongolian-Turkmen business forum and a meeting of entrepreneurs were held in Ashgabat on 12 October. The forum was opened by Duuren Tumenjargal, Executive Director of the Mongolian Chamber of Commerce and Industry, Mergen Gurdov, Chairman of the Turkmen Chamber of Commerce and Industry, … [Read more...]
Turkmenistan invites CIS countries to participate in infrastructure projects toward South Asia – this is powerful idea with enormous potential
Tariq Saeedi Turkmenistan has invited the CIS countries to take part in the emerging and planned infrastructure projects aimed at connectivity with South Asia and beyond. President Serdar Berdimuhamedov, in his speech at the summit of the heads of state of CIS, floated the idea. The summit was held in Moscow on 8 October 2024. Here is the relevant portion from the speech … [Read more...]
Germany is economic powerhouse of Europe and a natural partner for Central Asia
Tariq Saeedi Germany is the economic powerhouse of Europe. It is the third largest economy in the world. The size of the German economy is simply impressive considering that it has always paid a heavy price for the broader cooperation in Europe. Germany also has an impeccable record of fulfilling its commitments. The roots are in the national psyche where the sense of … [Read more...]
China planning to establish joint science-technology centre with Central Asia
China, in pursuit of taking its partnership with Central Asia, is planning to establish a joint sci-tech (science and technology) centre with Central Asia. The idea was born during a meeting of the CPPCC (Chinese People's Political Consultative Conference) in March this year. The authors of the idea have proposed to establish it in XAR (Xinjiang Yughur Autonomous Region), … [Read more...]
Kazakh-Turkmen Business Council discussed prospects for cooperation
On 8 October, a meeting of the Kazakh-Turkmen Business Council was held in Ashgabat. The meeting brought together representatives of the business circles of both countries. The sides discussed new initiatives and projects in sectors such as energy, transport, logistics and agriculture, the Foreign Trade Chamber of Kazakhstan reports. The Co-chairman of the Kazakhstan’s part … [Read more...]
The President of Turkmenistan took part in the CIS summit
On 8 October 2024, a regular meeting of the Council of CIS Heads of State was held in Moscow under the chairmanship of President Vladimir Putin of Russia. The meeting was attended by President of Azerbaijan Ilham Aliyev, Prime Minister of Armenia Nikol Pashinyan, President of Belarus Alexander Lukashenko, President of Kazakhstan Kassym-Jomart Tokayev, President of the Kyrgyz … [Read more...]
E-Commerce Trends in 2025
nCa Report E-Commerce, the prodigious child of the 21sth century, flourishes at the forefront of innovation and technology. The year 2025 will mark the completion of the first quarter of this century. It will also see the e-commerce thriving beyond imagination. Let us look at some of the trends that may redefine e-commerce in 2025: Savan Krishna, in an article titled … [Read more...]
Today, the President of Turkmenistan will take part in the CIS Summit
On 7 October 2024, President of Turkmenistan Serdar Berdimuhamedov left for a two-day working visit to Russia to participate in the summit of Heads of State of the Commonwealth of Independent States, to be held on 8 October. The heads of state will exchange views on cooperation within the CIS and decide on the chairmanship of the Commonwealth in 2025. The summit will also … [Read more...]
Turkmenistan has high place in Iran’s Foreign Policy – President of Iran may visit Turkmenistan In near future
Cooperation with neighbors and paying special attention to them are one of the priority principles of foreign policy and the Islamic Republic of Iran. Basically, the current policy is based on positive and constructive interactions with neighboring states and is carried out with the aim of strengthening economic, political and cultural ties, as well as creating sustainable … [Read more...]
EBRD forecasts robust economic growth in Central Asia
Anton Usov According to the latest edition of European Bank for Reconstruction and Development’s (EBRD) Regional Economic Prospects report, the short-term regional economic outlook for Central Asia remains positive. Regional growth is set to reach 5.1 per cent in 2024 and accelerate to 5.9 per cent in 2025 on stronger commodity revenues, infrastructure investment and … [Read more...]
High Demand for Kazakh Grain in Central Asia
A recent forum of grain exporters and importers in Tashkent, Central Asia, highlighted the growing demand for Kazakh grain in the region. As reported by Kazinform, Uzbek farmers are currently harvesting 20 million tons of grain this year and are already exploring export opportunities. “We invited entrepreneurs who buy grain and fat-and-oil products from Kazakhstan to the … [Read more...]
32 years of Turkmenistan-Korea partnership
By Korea Herald This year Turkmenistan celebrates the 33rd anniversary of its Independence and marks the 32nd anniversary of the establishment of diplomatic relations with the Republic of Korea. Thirty-three years ago, the Constitutional Act on the independence and state structure of Turkmenistan was adopted, according to which Turkmenistan was proclaimed as an independent … [Read more...]
ADB Raises Economic Growth Forecast for Developing Asia and the Pacific
The Asian Development Bank (ADB) has raised its economic growth forecast for developing Asia and the Pacific this year, amid solid domestic demand and continued strength in exports. ADB has also lowered its forecast for regional inflation. The region is forecast to grow by 5.0% this year, compared with a projection of 4.9% in April, according to Asian Development Outlook … [Read more...]
Speech by the President of Turkmenistan Serdar Berdimuhamedov at the meeting of the Halk Maslahaty of Turkmenistan
Dear compatriots! Dear participants of the meeting of the Halk Maslahaty! Today, in the epoch of the Revival of a new era of a powerful state, we celebrate the main holiday of our country with glorious accomplishments and labor achievements – the 33rd anniversary of Turkmenistan’s independence. Dear compatriots, I sincerely congratulate you on the 33rd anniversary of … [Read more...]
Speech by the National Leader of the Turkmen people, Chairman of the Halk Maslakhaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov at the meeting of the Halk Maslakhaty of Turkmenistan
Dear participants of the meeting Halk Maslahat! Dear compatriots! In a few days, we will celebrate the 33rd anniversary of the sacred independence of the sovereign Fatherland at a high level. Independence is the recognition of our native people and beloved Motherland throughout the world. The bright path of all achievements and prosperity. Dear compatriots! The … [Read more...]
Halk Maslahaty Session was held in Turkmenistan
On 24 September 2024, a regular meeting of the Halk Maslahaty [People’s Council] of Turkmenistan was held in Ashgabat under the chairmanship of the National Leader of the Turkmen people, Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov. The meeting was attended by heads of state authorities, members of the Halk Maslahaty of Turkmenistan, deputies of the Mejlis, heads … [Read more...]
UK Goods Trade with Turkmenistan Rises, but Services Trade slightly declines
The total volume of trade turnover between the UK and Turkmenistan for the period from April 2023 to March 2024 amounted to £53 million, a decrease of 5.4%, or £ 3 million pounds in current prices compared to the same period of previous years. Such data are provided in the Trade and Investment factsheet, issued by the British Department for Business and Trade on 20 Sep … [Read more...]
Kazakhstan and Turkmenistan: Cornerstones of Central Asian Stability
Kazakhstan and Turkmenistan stand as pivotal strategic partners in Central Asia. Their relationship, characterized by constructive neighborly dialogue, peaceful borders, growing economic cooperation, similarity of positions on topical issues of regional and international issues, and mutual understanding between their fraternal peoples, exemplifies the hallmarks of modern … [Read more...]
Uzbekistan: a growing hub for Western and Chinese investments
Bukhara, one of Central Asia's oldest cities, has long stood as a historical waypoint on the Great Silk Road, where caravans laden with goods moved between East and West. Today, this city is witnessing a new chapter in its storied past—one defined by industrial advancement and economic transformation. Not far from the ancient bazaars of Bukhara, a modern facility belonging to … [Read more...]
Turkic Investment Fund
nCa Report The Organization of Turkic States (OTS) established the Turkic Investment Fund during the extraordinary summit of the Organisation of Turkic States on 16 March 2023 in Ankara. The founding countries were Azerbaijan, Kazakhstan, Kyrgyzstan, Uzbekistan and Turkey. Baghdad Amreyev, who had completed his tenure as the Secretary General of the OTS, was appointed as … [Read more...]
Interview – Ji Kyu-Taek, Ambassador of Korea in Turkmenistan
Here is the transcript of an interview with the ambassador of Korea in Turkmenistan, Ji Kyu-Taek. nCa – Could you please sum up the results of the visit of President Yoon Suk Yeol of Korea to Turkmenistan in June 2024? JKT – His Excellency Yoon Suk Yeol, President of the Republic of Korea(RoK) and His Excellency Serdar Berdymuhamedov, President of Turkmenistan had … [Read more...]
Iran becomes a trade hub for agricultural exporters from Central Asia
In the medium term, we should expect Iran's regional role to grow and cargo flows to increase. Today, Central Asian countries consider Iran as a trade hub that will increase exports to Africa and the Middle East. Berik Bulekbayev, an expert consultant to the UNECE, the World Bank, and an honorary railwayman, said this during the fourth international conference Asia Grains & … [Read more...]
Investments of Turkmenistan in Afghanistan exceed USD 1.5 Billion
The deputy prime minister and foreign minister of Turkmenistan, Rashid Meredov, conducted recently a briefing for the diplomats and media. Among the subjects he covered was the launch of the work on the infrastructure projects in Afghanistan including the first section of TAPI. According to the reports from a number of the Afghan media outlets, Meredov said that Turkmenistan … [Read more...]
President of Turkmenistan receives head of Islamic Development Bank
President Serdar Berdimuhamedov received the head of the Islamic Development Bank (IsDB) Mohammed Al Jasser on 19 September 2024. The guest confirmed the IsDB’s readiness to strengthen long-term cooperation with Turkmenistan, which is pursuing a constructive policy based on the principles of positive neutrality and implementing progressive socio-economic transformations and … [Read more...]