On 18 March 2025, Turkmenistan will host the International Forum on Attracting Investments in the Private Sector “Investments in the Future of Turkmenistan” (IFT 2025), organized by the Union of Industrialists and Entrepreneurs of Turkmenistan and the Chamber of Commerce and Industry in cooperation with TMT Consulting Group. IFT 2025 is a key platform for […]
UNDP and Turkmenistan Join Forces to Develop the Country’s Securities Market
From January 20 to 24, 2025, as part of the joint project “Support to Strengthening Institutional and Regulatory Environment for Financial Markets Development,” between the United Nations Development Programme (UNDP) and the Ministry of Finance and Economy of Turkmenistan, a three-day seminar was organized for specialists from the Ministry of Finance and Economy and the […]
China-Central Asia commodity turnover hits record high in 2024
In 2024, commodity turnover between China and Central Asian countries reached $94.82 billion, Kazinform News Agency reports citing the General Administration of Customs (GAC) of China. Kazakhstan is ranked first among trade partners of China in Central Asia – $43.82 billion. Kyrgyzstan is second – $22.71 billion, and Uzbekistan is third – $13.78 billion. Turkmenistan […]
Boosting Animal Husbandry in Turkmenistan: the role of the Scientific and Production Center of the Turkmen Agricultural University
Animal husbandry is a key branch of the agricultural complex of Turkmenistan. Currently, Turkmenistan has a wide livestock production base that meets the needs of the population and various sectors of the national economy, including the food and light industries. To further enhance this vital sector, a strong scientific foundation is crucial. In this regard, […]
Bouygues confirmed its interest in developing cooperation with Turkmenistan
The National Leader of the Turkmen people, Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov met with Martin Bouygues, the head of the French Bouygues Group of Companies, during his visit to the Principality of Monaco. Martin Bouygues expressed gratitude for the opportunity to meet and noted that it is a great honor for the Bouygues […]
The National Leader of the Turkmen people visited Monaco
On 19-20 January 2025, the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov visited the Principality of Monaco. During the visit, meetings were held with Prince Albert II of Monaco, as well as extended negotiations with the participation of delegations from both countries. Meeting with Prince Albert II […]
International Forum to Attract Foreign Investments in Turkmenistan’s Economy will take place in Kuala Lumpur, Malaysia, on 23–24 April 2025
The International Forum to Attract Foreign Investments in Turkmenistan’s Economy will take place in Kuala Lumpur, Malaysia, on 23–24 April 2025. This exclusive event will bring together international investors, government representatives, industry leaders, and experts to explore promising investment opportunities and discuss strategic development in key sectors of Turkmenistan’s economy. The Forum’s principal organizers are […]
The Iranian Ambassador notes the importance of trade relations with Turkmenistan
From the point of view of trade, Turkmenistan is one of the promising markets for Iran, Iran intends to continue developing a new stage of relations between the two countries, Iranian Ambassador to Turkmenistan Ali Mojtaba Rouzbehani said at a meeting with Governor of Khorasan Razavi province Gholamhusein Mazfari. The meeting took place in the […]
Iranian President’s visit to Tajikistan: Economy, security and regional issues in focus
From 15 to 17 January, Iranian President Masoud Pezeshkian was on a state visit to Tajikistan. On January 16, Pezeshkian had summit talks with Tajik President Emomali Rahmon in Dushanbe, which resulted in the signing of 23 documents. The signed memoranda and programs cover a wide range of areas, including cooperation between the Ministries of […]
EBRD sets an investment record in Central Asia
Anton Usov The European Bank for Reconstruction and Development (EBRD) has set a new operational record in Central Asia by investing €2.26 billion through 121 projects in six regional economies last year – almost doubling its annual investment in Central Asia compared with 2023. It also mobilised €784 million from co-financiers, thus bringing more than […]
The delegation of Chinese Foreign Ministry held a series of meetings in Ashgabat
On 15 January 2025, a number of meetings were held in Ashgabat between representatives of Turkmenistan and the People’s Republic of China on the development of bilateral cooperation. The Chinese delegation is headed by Assistant Minister of Foreign Affairs Liu Bin. In particular, inter-ministerial consultations and a meeting of the Subcommittee on Security Cooperation of […]
Kazakhstan, Uzbekistan and Turkmenistan account for 95% of Central Asia’s total GDP, EDB says
The three largest economies — Kazakhstan, Uzbekistan and Turkmenistan — account for 95% of Central Asia’s total GDP and are net exporters of hydrocarbons, says Eurasian Development Bank (EDB) in the reports titled “Macroeconomic Forecasts 2025-2027”. In 2024, Central Asia’s nominal GDP could exceed $500bn. According to our estimates, it will increase by more than […]
The Minister of Foreign Affairs of Turkmenistan received the Deputy Minister of Foreign Affairs of Italy
On 14 January 2025, Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with Deputy Minister of Foreign Affairs and International Cooperation of Italy Edmondo Cirielli, who arrived in Ashgabat on a working visit, foreign ministry of Turkmenistan reports. During the meeting, the diplomats noted the importance of the bilateral political dialogue. The prospects for […]
Turkmenabat Chemical Plant increases production and expands product range
The S.A. Niyazov Turkmenabat Chemical plant is an important production facility that steadily increases production volumes and expands the range of products. Currently, the plant produces more than 30 types of products, including phosphoric fertilizers and sulfuric acid. It is the only enterprise in the country for the production of phosphorous fertilizers. Over the past […]
Uzbekistan – UAE: Partnership for a Green Future
Alisher Kadirov, Head of Department, Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan Relations between the Republic of Uzbekistan and the United Arab Emirates (UAE) have been experiencing a period of rapid development in recent years, characterized by deepening cooperation in many areas, especially sustainable development and the green […]
Central Asia is a Key Vector of Uzbekistan’s Foreign Policy
Azamat Sulimanov, Head of Department, Institute for Strategic and Regional Studies under the President of the Republic of Uzbekistan Analyzing the events of recent years, as well as the processes taking place in Central Asia, the radical changes that have taken place in the region in a fairly short period of time become obvious. Many […]
The Ambassador of Turkmenistan to the Islamic Republic of Iran presented his credentials
On January 7, 2025, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the Islamic Republic of Iran Ilyas Gayipov presented his credentials to President of the Islamic Republic of Iran Masoud Peseshkian. During the presentation ceremony, President of the Islamic Republic of Iran Masoud Pezeshkian expressed warm greetings and best wishes to President of Turkmenistan Serdar […]
The President of Turkmenistan received the new Ambassador of Belarus
On 7 January 2025, President of Turkmenistan Serdar Berdimuhamedov received the newly appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Turkmenistan Stanislav Chepurnoi, who presented his credentials to the head of state. The diplomat conveyed greetings and best wishes from President of the Republic of Belarus Alexander Lukashenko to the President of […]
Trading houses open up new opportunities for cooperation between Uzbekistan and Pakistan
The UzbekPak International Trade Center, as well as the UzbekPak Cultural Center, have opened in Karachi, Pakistan, the Dunyo news agency reports. The opening took place with the support of the Embassy of Uzbekistan and the Pakistani company Diners Group. According to Sohail Moten, the head of the Diners Group, the trading house and cultural […]
New varieties of cotton introduced in the north of Turkmenistan
Work continues on developing new cotton varieties in Turkmenistan. Last year, production trials of “Dashoguz-150,” a new medium-fiber cotton variety, were conducted in Dashoguz province, as reported by the online newspaper “Turkmenistan: The Golden Age.” Developed by Ch. Seyitmuradov, Head of the Dashoguz Velayat Department of Cotton Breeding and Seed Production at the Ministry of […]
The Ambassador of Belarus presented copies of credentials to the Minister of Foreign Affairs of Turkmenistan
On 6 January 2025, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with the newly appointed Ambassador of the Republic of Belarus to Turkmenistan Stanislav Chepurny, who presented copies of his credentials. The Minister congratulated the Ambassador on his appointment to a responsible post and expressed the willingness of the Turkmen side to […]
Turkmenistan State Budget 2025: Stability, Growth, Social Focus
The state budget is an important tool for economic planning. On 30 November 2024, at the seventh session of the Mejlis of the seventh convocation, the Law of Turkmenistan “On the State Budget of Turkmenistan for 2025” was approved. During a round table held by the editorial board of the newspaper “Turkmenistan”, the chairmen of […]
Achievements of the Agro-industrial Complex of Turkmenistan in 2024
The reform of the agricultural sector in Turkmenistan continues as outlined in the “Program of Socio-economic Development of the Country in 2022-2028” and the Program “Revival of a New Era of a Powerful State: The National Program of Socio-economic Development of Turkmenistan in 2022-2052.” 2024 marked another significant step towards strengthening agricultural production, ensuring the […]
How to Grow Crops in the Desert: The Success Secrets of a Turkmen Farmer
The state policy aimed at supporting small and medium-sized businesses in Turkmenistan, including agribusiness, is bearing fruit. A striking example of this is the story of Batyr Roziyev, a farmer from the Kerki district of the Lebap province. Thanks to the favorable conditions created by the government, he was able to turn a small farm […]
The North and Central Asia subregion shows strong investment growth in 2024, with Greenfield FDI inflows increasing by 27 %, UNESCAP says
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has published a report on trade and investment trends in the region for 2024. The full text of the report “Foreign direct investment trends and outlook in Asia and the Pacific 2024/2025” can be found here: https://unescap.org/kp/2024/foreign-direct-investment-trends-and-outlook-asia-and-pacific-20242025# Greenfield investment inflows into North […]
Amity instead of enmity: A new Iranian approach to regional security and prosperity
M. Javad Zarif Iran’s vice president on how his country can make the region more secure and prosperous As a student of international relations with decades at the forefront of global diplomacy, I write this not as a representative of the Iranian Government but solely in my personal capacity. My experiences have taught me that […]
Kazakhstan’s dream of self-sufficient energy
Anton Genza On October 6, Kazakhstan held a referendum on the construction of a nuclear power plant to counteract the country’s energy deficit. The Central Asian country has set itself the goal of becoming CO2-neutral by 2060, yet it is one of the world’s largest coal-producing countries. How does that fit together? Room for improvement […]
Carbamide Production Surges in Turkmenistan
Turkmenistan’s economic growth, driven by significant investments in its hydrocarbon sector, is yielding substantial benefits, including the production of vital mineral fertilizers and petrochemical products. The Garabogaz carbamide-ammonia plant (Garabogazkarbamid), located in the Balkan province in western Turkmenistan, reported a remarkable production output of approximately 994,000 tons of carbamide from January to November 2024, according […]
Digital Banking Revolutionizes Payments in Turkmenistan – 1,000x surge in non-cash payments over the past decade
Turkmenistan pays considerable attention to the development of a reliable national banking sector with the integration of digital technologies. This task is a priority since the organization of the activities of credit institutions in accordance with modern requirements contributes to ensuring the competitiveness and innovative development of the country’s economy, as well as its integration […]
Turkmen-Japanese Economic Cooperation Deepens in Green Energy and Sustainable Infrastructure
At the Cabinet of Ministers meeting on Saturday (21 December 2024) Deputy Prime Minister and Minister of Foreign Affairs of Turkmenistan Rashid Meredov reported on the outcomes of the 15th joint meeting of the Turkmen-Japanese and Japanese-Turkmen Committees on Economic Cooperation. The committee meetings were held in Ashgabat on 16-17 December 2024. The Japanese delegation […]
JOINT STATEMENT between Malaysia and Turkmenistan on the occasion of the Official Visit of His Excellency Serdar Berdimuhamedov, President of Turkmenistan to Malaysia
1. The President of Turkmenistan, His Excellency Serdar Berdimuhamedov, undertook an Official Visit to Malaysia from 18 to 19 December 2024 at the invitation of the Prime Minister of Malaysia, the Honourable Dato’ Seri Anwar Ibrahim. 2. This is the first visit of President Serdar Berdimuhamedov, to Malaysia and served to reaffirm the strong relations […]
President of Turkmenistan Serdar Berdimuhamedov paid an official visit to Malaysia – outcomes
On the second day of the official visit to Malaysia – on 19 December 2024 – summit talks were held in Kuala Lumpur between President of Turkmenistan Serdar Berdimuhamedov and Prime Minister of Malaysia Anwar Ibrahim. Negotiations in a narrow format Traditionally, the negotiations were initially held in a narrow format. At the beginning of […]
Turkmenistan and Malaysia strengthen cooperation in various fields – new agreements inked in the field of education
Within the framework of the official visit of the President of Turkmenistan to Malaysia, members of the Government delegation met with their Malaysian counterparts in Kuala Lumpur, where key issues of bilateral cooperation in various areas were discussed. The parties noted the positive dynamics of the development of interstate relations, which are enhanced by regular […]
Turkmenistan and Malaysia Eye Stronger Ties Beyond Energy
During a meeting in Kuala Lumpur on 18 December 2024, Turkmen Foreign Minister Rashid Meredov and his Malaysian counterpart, Datuk Seri Mohamad Hasan, discussed expanding bilateral relations, Bernama reported. Key topics included the potential establishment of a Joint Commission to further strengthen cooperation between the two countries. The Ministry of Foreign Affairs of Malaysia noted […]
The President of Turkmenistan pays two-days official visit to Malaysia
President of Turkmenistan Serdar Berdimuhamedov undertakes an official visit to Malaysia from 18 to 19 December 2024. This is President Berdimuhamedov’s first visit to Malaysia since assuming the post in March 2022. He will be accompanied by seven Deputy Prime Ministers, including Deputy Prime Minister, Minister of Foreign Affairs Rashid Meredov; four ministers, including Minister […]
Briefing at the Russian Embassy in Turkmenistan: Ambassador Ivan Volynkin Highlights Strong Russia-Turkmenistan Ties
On 18 December 2024, the Ambassador of the Russian Federation to Turkmenistan, Ivan Volynkin, hosted a briefing on the current state of Russian-Turkmen relations. The event was attended by representatives of the leading state-run, private Turkmen and foreign media accredited in Turkmenistan. Significant moments of Russian-Turkmen partnership in 2024: Visits and summits: President of Turkmenistan […]
Turkmenistan and Japan signed New Tax Convention – more details
On 16 December 2024, the Government of Japan and the Government of Turkmenistan signed the “Convention between Japan and Turkmenistan for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance” in Ashgabat. The Japanese Ministry of Finance unveiled some details of this document. The mentioned […]
Uzbekistan is developing a program “From Poverty to Prosperity”
Mukhammadali Abdujabborov, leading research fellow of ISRS In recent years, Uzbekistan has achieved remarkable success in reducing poverty through a targeted government policy focused on improving the living conditions of its citizens in a comprehensive manner. The country’s policy involves a strategic combination of economic reforms, social support and improvements in public services. It is […]
Ashgabat hosted the 15th meeting of the Turkmen-Japanese Committee for Economic Cooperation – a set of documents signed
On 16 December 2024, the 15th meeting of the Turkmen-Japanese Committee for Economic Cooperation was held in Ashgabat. The delegation of Japanese business circles was headed by Hiroyuki Tsubai, member of the Board of Directors of Itochu Corporation, Executive Vice President, President of Machinery and Equipment, Chairman of the Committee from the Japanese side. The […]
The President of Turkmenistan received the Chairman of the Turkmen-Japanese Committee for Economic Cooperation
On Monday, 16 December 2024, President Serdar Berdimuhamedov received Hiroyuki Tsubai, member of the Board of Directors, Executive Vice President of Itochu Corporation, President of “Machinery and Equipment”, Chairman of the Turkmen-Japanese Committee for Economic Cooperation. Turkmenistan highly values its comprehensive relationship with Japan, a significant partner in the Asia-Pacific region. Interstate cooperation, which is […]
Iran and Turkmenistan strengthen trade and economic ties at the Ashgabat Business Forum and the Iran Agro Food Exhibition
On 16 December 2024, the Turkmen-Iranian business forum was held in Ashgabat as part of the 16th specialized exhibition “Iran Agrofood”. The event was attended by many officials and businessmen from both countries, which underlines the mutual interest in strengthening bilateral relations. The exhibition and forum brought together representatives of public, private and industrial organizations […]
The President of Turkmenistan met with American businessmen
On Monday, 16 December 2024, President of Turkmenistan Serdar Berdimuhamedov received Eric Stewart, Executive Director of the Turkmen-American Business Council, Chabu Leiko, President for Strategic Cooperation in Central Asia at John Deere Walldorf GmbH & Сo.KG ” and Nikolay Yurchenko, the head of the company “Westport Trading Europe”. Businessmen arrived in Turkmenistan to participate in […]
How New Uzbekistan reduces state participation in the economy
Khalilillo Turakhujaev, Chairman of the Committee for the Development of Competition and Protection of Consumer Rights of the Republic of Uzbekistan A number of crucial institutional reforms have been introduced in last five years to further modernize and enhance Uzbekistan’s economic and competition policies. After a comparative study of international best practices, Uzbekistan has implemented […]
The exhibition of Iranian products “Iran AgroFood” starts in Ashgabat
The three-day 16th Specialized Exhibition of Iranian products “Iran AgroFood” and the Turkmen-Iranian Business Forum will start in Ashgabat today. President of Turkmenistan Serdar Berdimuhamedov sent a congratulatory message to the participants of the exhibition. He noted the importance of the event for strengthening friendly and fraternal relations between Turkmenistan and Iran. The countries are […]
Terhi Hakala on EU-Turkmenistan cooperation: transport, green economy and regional prospects
The European Union’s Special Representative for Central Asia, Ms. Terhi Hakala, in an exclusive interview with the Neutral Turkmenistan newspaper, stressed the positive dynamics of EU-Turkmenistan relations and outlined key areas of cooperation. The interview took place during a visit to Ashgabat as part of Hakala’s farewell tour of the region. Hakala noted the strengthening […]
ADB Upwardly Revises Growth Forecast for Caucasus and Central Asia
The growth projection for the Caucasus and Central Asia is revised by the Asian Development Bank (ADB) upward to 4.9% from 4.7% for 2024 and to 5.3% from 5.2% for 2025, according the latest edition of the Bank’s Asian Development Outlook (ADO), released on 11 December. The adjustment reflects robust growth in Azerbaijan, Georgia, Tajikistan, […]
The Parliament of Turkmenistan received the newly appointed Ambassador of Denmark
On 10 December 2024, the newly appointed Ambassador Jesper Vahr of Denmark (with residence in Moscow), presented his credentials to the Speaker of the Turkmen Parliament, Ms. D.Gulmanova. During the meeting, the Ambassador was familiarized with the priority directions of the country’s domestic and foreign policy, the composition of the national parliament and the ongoing […]
The newly appointed Ambassador of Brazil invited Turkmenistan to the COP-30 climate forum
On 10 December 2024, the newly appointed Brazilian Ambassador Marcel Fortuna Biato (with residence in Astana) presented his credentials to the speaker of Turkmen parliament Ms. D. Gulmanova. The sides exchanged views on the current level of political and diplomatic relations between the two countries, on the importance of joint efforts in strengthening peace, trust […]
The new Ambassador of Belgium presented Credentials to the Parliament of Turkmenistan
On 10 December 2024, Chaiperson of the Mejlis of Turkmenistan Ms.D. Gulmanova received credentials from Ambassador Julien de Fraipont of Belgium (with residence in Baku). During the meeting, the Ambassador was informed about the multilateral activities and structure of the Mejlis, including the comprehensive modernization of the country’s national legal framework. Speaking about the future […]
The third meeting of the «Turkmenistan-UN» Strategic Advisory Council was held in Ashgabat
On December 6, 2024, the third meeting of the “Turkmenistan-UN” Strategic Advisory Council was held at the Ministry of Foreign Affairs of Turkmenistan. The meeting was attended by the relevant Deputy Chairmen of the Cabinet of Ministers of Turkmenistan, heads and representatives of the ministries and departments of the country, heads of diplomatic missions of […]