Economics

News

Economics

05.08.2026

3593

A complex for the production of ammonium nitrate and urea will be built in the Dashoguz velayat

The state-owned concern "Türkmenhimiýa" has announced an international tender for the design and turnkey construction of an ammonium nitrate and urea production complex in the Dashoguz velayat. The tender is being conducted by the concern's tender committee.To participate in the tender, interested companies must submit a written a...

Economics

04.08.2026

12500

Turkmenistan participated in the meeting on the CAREC digital corridor in Islamabad

A delegation from the Ministry of Communications of Turkmenistan took part in a consultative meeting on the digital corridor of the Central Asia Regional Economic Cooperation (CAREC) Program, held on July 29-30 in Islamabad.Delegations from nine CAREC member countries participated in the meeting, including high-level representativ...

Economics

04.08.2026

3564

In northern Turkmenistan, sesame has been sown on 560 hectares of land

This year, farmers in the Dashoguz velayat sowed sesame on 560 hectares of land.According to “Turkmenistan: G...

Economics

03.08.2026

9798

Turkmenistan announced the results of its transport and communications complex

A meeting was held yesterday in the administrative building of the Ministry of Railway Transport of Turkmenistan to summarize the work completed over the first seven months of this year.As noted, the growth rate of the volume of work performed and services rendered in the transport and communications sector amounted to 114%,...

Economics

02.08.2026

9452

The EU and Turkmenistan intend to expand cooperation in the trade and economic sphere

The European Union Ambassador to Turkmenistan, Beata Peksa, and Turkmenistan's Minister of Trade and Foreign Economic Relations, Nazar Agahanov, discussed the development of bilateral cooperation, according to the press service of the EU Embassy in Ashgabat.The parties noted the positive dynamics and mutually beneficial nature of...

Economics

31.07.2026

10697

Customs officials from Turkmenistan and Azerbaijan held a joint working meeting

Representatives of the customs services of Turkmenistan and Azerbaijan held a working meeting via videoconference on July 30.The meeting focused on exchanging experience in applying preferential treatment to customs clearance of imported goods under the signed bilateral Agreement on the Organization of the Exchange of Preliminary...

Economics

30.07.2026

7214

The creation of the "Little Turkmenistan" cultural and tourist complex in Bukhara was discussed

The creation of the "Little Turkmenistan" cultural and tourist complex in Bukhara was discussed during a meeting between the Deputy Chairman of the Tourism Committee of Uzbekistan and the heads of the Turkish company Finwest Finance Company, the Union of Local Governments of Eurasia, and the SD TURKMEN HALY joint venture LLC, Sputnik...

Economics

29.07.2026

19008

Turkmenistan and the WTO discussed the progress of the accession process

On July 27, a meeting between the Turkmen delegation and WTO Deputy Director-General Zhang Xiangchen took place at the World Trade Organization (WTO) headquarters in Geneva. Maika Oshikawa, Director of the WTO Accessions Division, also participated in the meeting.During the talks, the parties discussed the current state of coopera...

Economics

29.07.2026

12208

The renovation of the “Sarahs Awtoyollary” customs post on the Turkmen-Iranian border has been completed

Turkmenistan has completed the renovation of the “Sarahs Awtoyollary” customs post on the Turkmen-Iranian border, according to the Turkmen Customs Service....

Economics

28.07.2026

16312

Turkmenistan and the EBRD signed a number of documents on strategic partnership

A meeting with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), was held at the Ministry of Foreign Affairs of Turkmenistan. Following this meeting, the parties signed a package of cooperation documents.The signed documents cover a wide range of areas—from banking and energy to transpor...

Economics

28.07.2026

14350

Turkmenistan's Foreign Ministry discussed cooperation with the EBRD

Turkmenistan's Foreign Minister Rashid Meredov met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD). The two sides discussed prospects for further cooperation, the Foreign Ministry reported.During the meeting, the parties noted that Turkmenistan's cooperation with the EBRD continues...

Economics

27.07.2026

15966

Uzbekistan is open to expanding industrial cooperation with Turkmenistan – Ambassador

Uzbekistan is ready to expand industrial cooperation, exchange technologies, establish joint ventures, and increase mutual product supplies with Turkmenistan. This was stated by Uzbek Ambassador to Turkmenistan Ravshanbek Alimov, speaking at...

Economics

27.07.2026

11440

Cotton exports on the State Exchange of Turkmenistan exceeded 2,7 million USD

Nine transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week. Cotton yarn, raw silk, and cottonseed oil were sold to entrepreneurs from Turkey, Uzbekistan, and Azerbaijan. The total value of the transactions exceeded 2 million 746 thousand USD.Domestic entrepreneurs purchased cotton...

Economics

27.07.2026

13531

The Turkmen-Uzbek business forum opened in Ashgabat

The Turkmen-Uzbek business forum opened in the conference hall of the Chamber of Commerce and Industry of Turkmenistan on July 27.Azat Nazarov, Deputy Chairman of the Chamber of Commerce and Industry of Turkmenistan, addressed the forum participants with a welcoming speech. Ravshanbek Alimov, Ambassador of the Republic of Uzbekist...

Economics

26.07.2026

13900

Turkmenistan and Azerbaijan successfully launched the exchange of cargo data via the eTIR system

With the organizational support of the International Road Transport Union (IRU), the State Customs Service of Turkmenistan and the State Customs Committee of Azerbaijan have established an exchange of information on transit cargo transportation through the Caspian Sea using the eTIR digital system....

Economics

24.07.2026

24803

Turkmenistan is developing international cooperation in the search for underground resources

In order to ensure the rational use of mineral resources in Turkmenistan, measures are being taken to carry out geological exploration work for rare minerals in accordance with international practice.Effective cooperation with leading foreign companies is being established in this area. Deputy Prime Minister G. Agajanov reported o...

Economics

24.07.2026

18199

A competition for the design of a justice building has been announced in Tejen

The Ministry of Construction and Architecture of Turkmenistan has announced a tender for the development of design and estimate documentation and the construction of modern justice buildings in the Tejen etrap of the Ahal velayat, along with landscaping of the surrounding area. The announcement was published in today's issue of the “Turkmenistan” newspaper....

Economics

24.07.2026

17942

ADB invites Turkmen private companies to participate in the CAREC Business Forum 2026 in Mongolia

The Asian Development Bank (ADB), as the secretariat of the Central Asia Regional Economic Cooperation (CAREC) Program, will host the CAREC Business Forum 2026 (CBF) from September 30 to October 1, 2026, in Ulaanbaatar, Mongolia. The event will be held concurrently with the 25th CAREC Ministerial Conference.The first day of the fo...

Economics

23.07.2026

22583

Fitch Ratings Affirms Turkmenistan’s «BB-» Rating with a Stable Outlook

The international rating agency Fitch Ratings has affirmed Turkmenistan’s Long-Term Issuer Default Rating (IDR) at “BB-” with a “Stable” outlook. According to Fitch analysts, the key pillars of the country’s financial stability remain an exceptionally strong government balance sheet, minimal debt levels, and substantial foreign currency reserves.According to Fitch Ratings’ assessm...

Economics

22.07.2026

5440

Turkish businessmen purchased raw silk and cottonseed oil from Turkmenistan

The State Commodity and Raw Materials Exchange of Turkmenistan held regular trading on the external and internal markets.According to the SCRMET website, on July 21, Turkish entrepreneurs entered into deals with Turkmen en...

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Poster

The concert “Eastern Stories” will take place in Ashgabat

Articles

AI and Digitalisation to Shape the Future of Turkmenistan’s Energy Sector