According to Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, Russia’s unrealized export potential to Turkmenistan amounts to a significant $200 million. This announcement was made during the plenary session of the Turkmenistan Investment Forum (TIF 2024) in Ashgabat. The trade turnover between Turkmenistan and Russia for the first seven months of […]
Turkmenistan and Iran are preparing to establish joint trade zone
Turkmenistan and Iran are preparing to establish a joint trade zone. It will be located Incheh Borun n the Golistan province of Iran. It is a small town with population of about 2000. Nevertheless, it is strategically important as the Kazakhstan-Turkmenistan-Iran railway line enters Iran at this point. An area of 12577 hectares (about 125 […]
Single Window Boosts Turkmenistan’s Trade with Neighbors
Turkmenistan’s trade turnover with neighboring countries has surged following the implementation of a Single Window system for export-import operations, according to the State Customs Service. In the first half of 2024, trade with Iran grew by 35%, Afghanistan increased by 27%, and Uzbekistan posted a 19% growth compared to the same period in 2023. Marine […]
Turkmenistan launches a Single Window system for export and import operations – dedicated website created
Turkmenistan has launched a Single Window system for export and import operations, streamlining the process for businesses. The State Customs Service coordinates this initiative, offering a central web portal called “Single Window for Export-Import Operations”. https://tradebridge.gov.tm/en This user-friendly system allows participants in foreign economic activity to submit information about goods or vehicles crossing the […]
UK Imports of Turkmen Goods Surge 500%
The total volume of trade turnover between the UK and Turkmenistan for the period from July 2022 to June 2023 amounted to 64 million pounds, an increase of 48.8%, or 21 million pounds in current prices compared to the same period of previous years. Such data are provided in the Trade and Investment factsheet, issued […]
Imports from Turkmenistan to the UK posted 400% growth – Department for Business and Trade
The total volume of trade turnover between the UK and Turkmenistan for the period from April 2022 to March 2023 amounted to 52 million pounds, an increase of 30%, or 12 million pounds at current prices compared to the same period of previous years. Such data are provided in the Trade and Investment factsheet, issued […]