The State Customs Service of Turkmenistan has held a regular meeting of the commission for coordinating the work of the Single Window for export-import operations. In addition to customs officers, representatives of ministries, departments and public associations took part in the meeting. Within the framework of the meeting, events related to the launch of the […]
Turkmenistan’s trade turnover with the CIS countries exceeded $2.6 billion (Updated)
Turkmenistan’s foreign trade turnover with the states of the Commonwealth of Independent States in January-October 2023 exceeded US $2.6 billion or 16.5% of the country’s total foreign trade turnover. This was stated by Deputy Chairman of the Cabinet of Ministers of Turkmenistan Khojamyrat Geldimyradov, speaking at a meeting of the Council of Heads of Government […]
Russia-Turkmenistan Trade Surges 11.6% as Trade via Eastern Branch of International North -South Transport Corridor Booms
Russia and Turkmenistan have witnessed a remarkable 11.6% surge in their bilateral trade turnover this year and the lion’s share of the trade is conditioned by the growth of trade flows via Turkmenistan from Iran. This is evident from remarks by Mikhail Rumyantsev, Executive Director of the Russian–Turkmen Business Council “Many already want to unload […]
Iran to Send Trade Representative to Turkmenistan
The Trade Promotion Organization of Iran (TPOI) will dispatch a trade representative to Turkmenistan within the next four months to foster stronger bilateral trade and economic ties, according to TPOI head Mahdi Zeighami. In an interview with IRNA, Zeighami emphasized the ongoing development of a comprehensive cooperation document between Turkmenistan and Iran, highlighting the potential […]
China Boosts Truck Supplies to Central Asia
Against a backdrop of growing demand, China is increasing its exports of heavy-duty vehicles to Central Asian countries, CGTN reports. The Chinese province of Shaanxi is a national center for the production of electric vehicles and heavy trucks. SHACMAN, a company that has been producing trucks in Shaanxi for over 50 years, is widely in […]
Trade complex: new successes, innovative technologies and modern services
Batyr Atdayev, Deputy Chairman of the Cabinet of Ministers of Turkmenistan The trade complex, which occupies one of the main positions in the domestic and foreign economic policy of Turkmenistan, has become one of the rapidly developing areas of the national economy. Today, President Serdar Berdimuhamedov worthily continues the initiatives of the Hero-Arkadag on the […]
Trade between the countries of Central Asia exceeds $ 10 billion, says Foreign Minister of Kazakhstan Nurtleu
The volume of trade between the countries of the Central Asian region (Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan, Uzbekistan) has exceeded US $ 10 billion to date. This was stated by the Minister of Foreign Affairs of Kazakhstan Murat Nutrleu at a meeting of the foreign ministers of the Central Asian countries in Dushanbe, on Wednesday, 13 […]
Qatar, Turkmenistan Chambers discuss ways to boost cooperation
Qatar Chamber and the Turkmenistan Chamber of Commerce and Industry discussed ways to enhance commercial and industrial cooperation, encourage businessmen from both countries to form alliances and partnerships, and promote investment climates and opportunities in both nations. According to the Qatar Chamber’s press release, this came during a meeting held recently at the Chamber’s headquarters […]
Pakistan and Turkmenistan agree to forge connectivity and trade cooperation
Ambassador of Turkmenistan to Pakistan Atajan Movlamov had a meeting with Federal Minister for Commerce, Industries and Production of Pakistan Dr. Gohar Ejaz in Islamabad on 7 Sep. According to the message of the Ministry of Commerce in social nets, trade routes and rail links, gas pipelines and transit trade took center stage in discussions. […]
China’s provinces build up trade and economic relations with Uzbekistan
Another train set off last week from China to the Central Asian region, demonstrating the increasing trade and economic relations and the growing transport connectivity between China and the region. On 30 August, a train loaded with 261 cars left the Liuzhou automobile logistics base (Guangxi Zhuang Autonomous Region in southern China) for Tashkent, the […]
The Interdepartmental Commission discussed the implementation of the “Single Window for Export-import operations” in Turkmenistan
The introduction of the “Single Window for export-import operations” is underway in Turkmenistan. The relevant Interdepartmental Commission for the coordination of this work held a regular meeting, which brought together the heads and officials of ministries, departments and public organizations that are part of the commission, the State Customs Service of Turkmenistan reports. During the […]
Azerbaijan, Uzbekistan set up Supreme Interstate Council – Baku and Tashkent aim to bolster ties in transport, energy
President of Uzbekistan Shavkat Mirziyoyev is on a two-day state visit to Azerbaijan. This is the first foreign visit of the Uzbek leader after his re-election to the presidency. Following the summit talks in Baku on 22 August 2023, President Mirziyoyev and President of Azerbaijan Ilham Aliyev signed an agreement on the establishment of the […]
Kazakhstan and Vietnam set sights on $1 Billion in trade and lift visa requirements
On Monday, 21 August, President Kassym-Jomart Tokayev, who arrived on his first official visit to Hanoi, held talks with President Vo Van Thuong of Vietnam. During the talks, prospects for the development of cooperation in trade and economic, investment, energy, transport and logistics, agro-industrial, cultural and humanitarian spheres were discussed, the press service of the […]
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 […]
Kazakhstan aims to create a direct export route to the Middle East and South Asia
Kazakhstan is working to create the shortest direct route for the delivery of its export food to the markets of the Persian Gulf, the Middle East, Pakistan, India and the East Africa. To this end, a joint venture will be launched with the Emirati company Abu Dhabi Ports, which is part of the AD Ports […]
Визит делегации движения “Талибан” по содействию торговле и инвестициям в Казахстан
Лидеры бизнеса из Казахстана и Афганистана встретились в Астане 2 августа 2023 года, чтобы обсудить торговые и инвестиционные возможности. Делегацию движения “Талибан” возглавляет Азизи Нуриддин, министр торговли и промышленности Афганистана. Афганистан является крупным импортером казахстанской муки и растительного масла, и объем взаимной торговли между двумя странами составляет около 1 миллиарда долларов. Правительство Казахстана заинтересовано в […]
Taliban delegation on trade and investments promotion visit to Kazakhstan
The business leaders from Kazakhstan and Afghanistan met in Astana on 2 August 2023 to discuss trade and investment opportunities. The Taliban delegation is led by Azizi Nuriddin, Minister of Commerce and Industry of Afghanistan. Afghanistan is a major importer of Kazakh flour and vegetable oil, and the two countries have a mutual trade volume […]
Turkmenistan participates in largest International Expo in Afghanistan
A group of Turkmen businessmen participates at the Imam Abu Hanifa 2nd National and International Expo and Trade Fair in Kabul, the Embassy of Turkmenistan in Afghanistan reports. The 2nd National and International Exhibition of Imam Abu Hanifah, organized by the Afghanistan Chamber of Commerce & Investment/ACCI, will continue from 16 to 22 July 2023. […]
Central Asia presents huge opportunities for UK exporters –Trade Commissioner Kenan Poleo
Central Asia is one of the most dynamic and rewarding regions for British businesses. This region, with its fast-growing and diversifying economies, presents huge opportunities for UK exporters and has a vital role to play in helping Great Britain reach exporting ambition. This was stated by UK Trade Commissioner for Eastern Europe and Central Asia […]
Iran’s non-oil exports to Turkmenistan through the Lotfabad border crossing posted over 100% growth
The volume of non-oil exports to Turkmenistan through the Lotfabad border crossing (from the Turkmen side – Artyk), Khorasan-Razavi Province, increased by 103% in the first quarter of this year (from 21 March to 21 June according to the Iranian calendar) compared to the same period last year. This is reported by the IRNA news […]
Parliament of Turkmenistan ratifies the Agreement with Turkey and Azerbaijan on trade and economic cooperation
During the session on Saturday, 3 June, the Parliament of Turkmenistan adopted the Law “On ratification of the Agreement between the Government of Turkmenistan, the Government of the Republic of Azerbaijan and the Government of the Republic of Turkey on trade and economic cooperation”. The trilateral agreement is aimed at enhancing friendly relations between the […]
Foreign trade turnover of Central Asian states exceeded USD 200 billion
The total foreign trade turnover of the Central Asian states over last six years exceeded US $ 200 billion. This was stated by the First Deputy Director of the Institute for Strategic and Interregional Studies of Uzbekistan, Akramjon Nematov, during the conference “Tajikistan and Central Asia: a policy of good neighborliness, mutual support, eternal friendship […]
Newly established joint Kazakh-Uzbek foreign trade company creates new dimension for collaboration in Central Asia
Kazakhstan and Uzbekistan have established a joint foreign trade company that will help boost bilateral trade and enter third country markets for joint marketing. The company has been formed by the KazTrade and UzTrade, reports Podrobno.uz. It has been named UzKazTrade LLC. “The activities of the foreign trade company will be aimed at conducting market […]
Trade volume between Iran and Caspian littoral states exceeds USD 3 billion
The trade volume between Iran and the other Caspian littoral states was USD 3.03 billion in last year, reports the Mehr news agency of Iran. The volume was 5.54 million tons. Quoting the data from the Iran Customs Administration, Mehr says that Iran’s trade (excluding crude oil exports) with Caspian Sea littoral states stood at […]
Trade volume of Iran with Caspian states grows in recent months – Iran media
The Iranian media has reported that there has been considerable growth in the trade volume between Iran and the Caspian states in the recent months. According to the Mehr News Agency of Iran, the trade (excluding crude oil exports) with Caspian Sea littoral states reached 4.62 million tons worth $2.49 billion during the first eight […]
Iran creates free trade zone on border with Turkmenistan
Elvira Kadyrova The Iranian Expediency Council has okayed the creation of a free trade and industrial zone in Incheh-Borun in Golestan province on the border with Turkmenistan, Iranian media reported. Incheh-Boron is one of the key points along the Kazakhstan-Turkmenistan-Iran rail corridor (north-south). Hadi Haghshenas, the governor of Golestan, confirmed the news and said that […]
Turkmenistan exports to Russia showed 154% surge in the H1 2020
Elvira Kadyrova In the first half of 2020, Russia’s trade turnover with Turkmenistan approached US $ 630 million, demonstrating an increase of 184.13% (or US $ 407,870,047) year-on-year basis. This is reported by the Russian portal of foreign trade information with reference to the recent data of the Federal customs service of Russia. Russia’s imports […]
Russia increases export of medicines to Turkmenistan
From July 2020 until today, Russia has exported to Turkmenistan medical industry products worth over US $ 7.8 million. The main export items supplied through the Russian trade representation to Turkmenistan included medicines, medical equipment and personal protective equipment from such pharmaceutical manufacturers of Tatarstan – JSC “Tatchempharmpreparaty”, “Tattechmedpharm”, LLC “PharmMedpolis RT” and other companies. […]
Trade between Afghanistan and Uzbekistan is growing despite the pandemic-caused global downturn
Elvira Kadyrova Despite the negative impact of the coronavirus pandemic on international trade, the bilateral trade between Uzbekistan and Afghanistan increased by 24 % year-on-year in the H1 of 2020. The positive dynamics of growth in neighbors’ trade was announced during a videoconference between the government delegations of Afghanistan and Uzbekistan, held on 8 August […]
Kazakhstan eyes on ramping up commodity exports to Turkmenistan and other neighboring countries
Elvira Kadyrova Kazakhstan aims to increase the volume of non-oil exports to neighboring countries by 1.5 times by 2022. The statement came from the Vice-Minister of trade and integration of the country Kairat Torebayev. In early September, the president of Kazakhstan instructed the ministry of trade and integration to ensure favorable conditions for the promotion […]