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 […]
Uzbekistan supports exporters
Sadullo Salakhov, Deputy Head of the Department of the Ministry of Investments, industry and trade of Uzbekistan Export is a driver of the economy, enabling production growth, job creation, and GDP increase. Therefore, every country strives to support businesses seeking to expand their exports to foreign markets. This article discusses the comprehensive measures of direct […]
Delegation of the Federation Council of Russia is on a visit to Turkmenistan
The delegation of the Federation Council Committee of Russia on Rules and Organization of Parliamentary Activities, headed by the Chairman of this Committee Vyacheslav Timchenko, is on a visit to Turkmenistan. According to the press service of the Federation Council (the upper house of the Russian Parliament), during the visit, senators had a meeting at […]
The Turkmenistan-EU Joint Committee was held in Brussels
On 4 December 2024, the 23rd meeting of the Turkmenistan-EU Joint Committee was held in Brussels. The delegation of Turkmenistan was headed by the Minister of Finance and Economy Serdar Jorayev. The delegation also included representatives of various ministries and departments, including the Ministries of Environmental Protection, Education, Foreign Affairs, Finance and Economy, as well […]
The President of Turkmenistan received the Minister of Trade of Türkiye
On Wednesday, 4 December, President of Turkmenistan Serdar Berdimuhamedov received Turkish Minister of Trade Ömer Bolat, who arrived in Ashgabat to participate in the Exhibition of Turkish Export Goods. At the beginning of the meeting, Bolat conveyed greetings to the President, as well as to the National Leader of the Turkmen people, Chairman of the […]
Ashgabat hosts an exhibition of Turkish export goods
On 4 December, a 3-day exhibition showcasing a diverse range of high-quality products from the Republic of Türkiye started in Ashgabat. This event coincided with a regular meeting of the Turkmen-Turkish Business Council. The exhibition presents a comprehensive display of Turkish goods, including industrial and agricultural equipment, spare parts, construction materials, household appliances, electronics, and […]
Türkiye is determined to strengthen and diversify partnership with Turkmenistan, says Minister Ömer Bolat
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,” […]
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 and […]
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 ITFC’s […]
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 the […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 of Uzbekistan’s Chamber of […]
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 […]
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 […]
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 […]