Economy
Turkmenistan and Azerbaijan discussed expanding economic cooperation
21.05.2026Within the framework of the World Urban Forum (WUF13) in Baku, a meeting was held between the Chairman of the State Committee for Construction of Arkadag City under the President of Turkmenistan, Deryageldy Orazov, and Azerbaijan’s Minister of Economy, Mikayil Jabbarov. This was reported by the news website Turkmenportal. The sides discussed the current state and prospects of economic cooperation, including investment, transport, logistics, and transit. Special attention was given to possible expansion of cooperation in trade, energy, and other areas. The Azerbaijani side noted the importance of the Turkmen delegation’s visit and confirmed its interest in further developing the partnership. The WUF13 forum is taking place in Baku from May 17 to 22, 2026, under the auspices of UN-Habitat and the Government of Azerbaijan, and is dedicated to sustainable urban development.
“Daewoo E&C” confirms participation in the “White City Ashgabat – 2026” forum
21.05.2026The 25th International Exhibition and Conference “White City Ashgabat – 2026” (WCA 2026), which will take place on May 24–25, 2026, in Ashgabat, is expanding international cooperation. The South Korean company Daewoo Engineering & Construction has joined the event as a gold sponsor, according to the news agency “Turkmenistan: Golden Age”. The forum, held under the motto “Architecture. Innovation. Sustainable Development,” will bring together representatives of government bodies, developers, investors, and engineers to discuss sustainable urban development, industrial modernization, and next-generation infrastructure. Daewoo E&C’s participation further strengthens the international status of WCA 2026 as a platform for strategic dialogue and exchange of engineering solutions in construction, energy, and infrastructure. Founded in 1973, Daewoo E&C is a major EPC company of the Republic of Korea with experience in implementing infrastructure, industrial, and energy projects across various regions of the world, including Asia, the Middle East, Africa, and Europe. In Turkmenistan, the company is involved in a number of major projects, supporting industrial infrastructure modernization and development processes. As part of the forum’s business program, a company representative will speak in a panel session dedicated to industrial development and supply chains in construction. Participants will discuss the development of building materials production, industrial digitalization, the implementation of Industry 4.0 technologies, as well as issues of localization and the resilience of production chains. As of today, more than 650 delegates from 55 countries have confirmed their participation in WCA 2026. The forum continues to strengthen its position as one of the key regional platforms for investment and technological cooperation in the field of construction and infrastructure.
Turkmen company “Tudana” begins exporting strawberries to Dubai
19.05.2026The “Tudana” business society, located in the Ak Bugdaý etrap of the Ahal velayat, has exported fresh strawberries to Dubai (UAE) for the first time. According to a company representative, the enterprise is also considering entering the Russian market, the IIC reports. The strawberries are grown in modern greenhouse complexes covering a total area of 15 hectares. As part of efforts to expand export potential, the company is constructing additional greenhouses on 30 hectares, which are expected to be launched in the coming years. Products under the “Tudana” brand are available in more than 300 retail outlets across Turkmenistan and are already supplied to the markets of Kazakhstan and Uzbekistan, where they enjoy steady demand.
Turkmenistan and “Habib Rafiq” Discuss Cooperation in Construction and Investment
18.05.2026On May 14, a meeting was held at the Embassy of Turkmenistan with the leadership of the Pakistani company “Habib Rafiq (Pvt.) Ltd.”, headed by Chief Operating Officer Aslam Malik. This was reported by the IIC. The parties discussed prospects for cooperation in construction, investment, and technology implementation, noting the significant potential for collaboration. The Turkmen side presented information on large-scale modernization of transport and engineering infrastructure, including road construction and the development of industrial facilities. Following the talks, the participants expressed readiness to further strengthen business ties and continue dialogue on promising areas of cooperation.
“TurkmenTextile Expo 2026”: focus on exports, logistics and sustainable standards
18.05.2026On June 5, the second day of the international exhibition “TurkmenTextile Expo 2026” in Ashgabat, the business program will focus on key issues in the development of textile exports — logistics, certification, and sustainable production. This was reported by the Orient news agency. The morning training session will be dedicated to the “Better Cotton” standard: participants will learn about requirements for producers, the system for raw material traceability, and preparation for international audits required to access global markets. In the afternoon, a workshop on export logistics for Central Asian countries will take place. Experts will examine practical cases of supply chain optimization, multimodal routes, and cost reduction across production-to-end-customer chains. The program will conclude with a seminar featuring international specialists on the “GOTS” and “OEKO-TEX” standards. The discussion will focus on environmental certification, digital solutions for the industry, and the implementation of ESG approaches in textile production. The organizers emphasize that all sessions are practice-oriented and aimed at helping companies enter foreign markets, improve supply chain transparency, and implement sustainable practices without reducing business efficiency.
Turkmenistan will participate in Green EXPO-2027 in Yokohama
17.05.2026Turkmenistan will take part in the International Garden Exhibition Green EXPO-2027, which will be held in Yokohama from March 19 to September 26, 2027. The relevant proposals were approved at a Cabinet of Ministers meeting, according to TDH. Deputy Chairman of the Cabinet of Ministers N. Atagulyev delivered a report, stating that the exhibition will be held under the motto “Landscape of the Future for Happiness.” Around 80 countries are expected to participate. President Serdar Berdimuhamedov noted that Turkmenistan is developing international cooperation. The proposal to take part in the exhibition was approved, and the Deputy Prime Minister was instructed to carry out preparatory work.
“Gap İnşaat” and “Rönesans Holding” confirm participation in the “White City Ashgabat” forum
17.05.2026International construction companies “Gap İnşaat” and “Rönesans Holding” have become silver sponsors of the XXV International Exhibition and Conference “White City Ashgabat 2026”, which will take place on May 24–25 in Ashgabat under the motto “Architecture. Innovation. Sustainable Development”, reports the news website Turkmenportal. The forum will bring together representatives of government bodies, business, investors, and experts in the field of architecture and urban development. Participation of more than 500 delegates from over 100 companies and 50 countries has already been confirmed. “Gap İnşaat”, operating since 1996, is implementing a number of major infrastructure projects in Turkmenistan, including the Garabogazkarbamid plant, the Turkmenbashi seaport, as well as medical centers and transport and industrial infrastructure facilities in Ashgabat and other regions of the country. “Rönesans Holding”, founded in 1993 in Ankara and present in more than 30 countries, has been operating in Turkmenistan through its subsidiary for over 16 years. The holding has participated in the construction of educational, hotel, and administrative facilities in Ashgabat and plans further expansion of its activities in the energy, petrochemical, and gas processing sectors.
Turkmenistan and Uganda are strengthening their economic partnership
13.05.2026Turkmenistan and Uganda held high-level talks in Kampala, confirming their intention to develop relations toward practical economic cooperation. This was reported by the news website Turkmenportal. The Turkmen delegation was led by Yagshuli Mammedov, Head of the Middle East and Africa Department at the Ministry of Foreign Affairs of Turkmenistan. The Ugandan side was represented by Ambassador Leonard Mugerwa, with organizational support from Ugandan diplomatic representatives. The two sides outlined key areas of cooperation, including trade and investment, energy, textiles, agriculture, education, tourism, and cultural exchanges. Turkmenistan proposed exporting natural gas and textile products, while Uganda offered coffee and poultry products, as well as cooperation in food processing development. Education programs, academic exchanges, and training in the field of international relations were also discussed, along with the organization of business forums and trade exhibitions. In addition, the parties considered simplifying travel for diplomats by introducing a visa-free regime for holders of diplomatic and official passports. They also touched upon cooperation within the United Nations and prospects for reciprocal visits. Following the meeting, both sides noted an intensification of bilateral dialogue, with further agreements and contacts expected through 2027.
Turkmenistan and Pakistan discussed trade and logistics cooperation
13.05.2026On May 11, a meeting took place in Islamabad between the Ambassador of Turkmenistan, Atajan Movlamov, and Pakistan’s Minister of Commerce, Jam Kamal Khan. The main focus was on the development of regional trade routes and improving transport and logistics connectivity, according to the news agency Orient. The sides discussed expanding trade corridors to ensure the stable transit of goods and closer cooperation between business entities. The key role of infrastructure in strengthening Pakistan’s trade relations with Central Asian countries was emphasized. The Pakistani side highlighted its strategic position as a transport hub between Central Asia and global markets, as well as the growing importance of the country’s logistics potential. The Turkmen side, in turn, expressed interest in deepening economic cooperation and developing trade and transport links. Energy and infrastructure projects were also discussed separately. The parties agreed to intensify cooperation through chambers of commerce, business forums, and exhibitions.
A meeting of the Council on Railway Transport of CIS countries has opened in Ashgabat
13.05.2026In the capital of Turkmenistan, the 84th Council on Railway Transport of the CIS member states has begun its work in the conference hall of the Yyldyz Hotel. The meeting will last until May 14, according to the news website Turkmenportal. Heads of railway administrations from the Commonwealth countries have arrived in Ashgabat to take part in the event. Within the framework of the forum, participants are expected to discuss key issues related to expanding cooperation and developing the railway sector across the CIS, as well as hold bilateral and multilateral meetings and a briefing for media representatives. A cultural program has been prepared for participants, including visits to the Ashgabat Equestrian Complex, the State Museum of Turkmenistan, and the Magtymguly Fragi cultural and park complex.
The Turkmen cargo vessel Gadamly has entered international service
13.05.2026A ceremonial reception was held at the Baku International Sea Trade Port for the cargo vessel Gadamly — the first ship of this class built in Turkmenistan. The commissioning of the vessel marks an important milestone in the development of the national shipbuilding industry and in strengthening the country’s position within the regional transport system, according to the IIC. The 6,100-ton cargo ship is designed to carry 240 twenty-foot containers. It will operate regular services between the ports of Turkmenbashi and Baku, which will help accelerate cargo flows and improve the efficiency of logistics in the Caspian Sea region. The vessel’s maiden voyage, which took place on May 8, was ceremonially launched under the leadership of the President of Turkmenistan, Serdar Berdimuhamedov. During the ceremony in Baku, officials noted that the commissioning of Gadamly would serve as an additional factor in the development of the Middle Corridor and Eurasian transport routes. The ship is expected to strengthen the region’s transit potential and enhance the resilience of logistics chains in the Caspian basin. The development of Turkmenistan’s merchant fleet through domestically built vessels is seen as part of a broader strategy to expand international cooperation and increase the capacity of transport corridors between East and West.
The international exhibition “Agro Pack Turkmenistan – 2026” has opened in Ashgabat
12.05.2026In Ashgabat, the international exhibition “Agro Pack Turkmenistan – 2026” has opened at the building of the Chamber of Commerce and Industry of Turkmenistan and will run until May 14. This was reported by the news website Turkmenportal. The event is dedicated to modern developments and innovations in agriculture, the food industry, and processing. Participants can explore new technologies and solutions, as well as discuss prospects for cooperation. President of Turkmenistan Serdar Berdimuhamedov delivered a welcoming address to the participants, emphasizing the importance of the exhibition for the exchange of experience and the development of international cooperation. The exhibition features companies from Belarus, the Netherlands, Russia, Azerbaijan, the United States, Turkey, Uzbekistan, and Turkmenistan. Turkmen producers are showcasing achievements in agriculture, livestock farming, processing, and food production, while also strengthening their export positions. Within the framework of the exhibition, business meetings and negotiations are scheduled, aimed at developing mutually beneficial cooperation.
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