Economy
Turkmenistan will present its products at the ‘Halal Expo 2025’ exhibition in Istanbul
06.09.2025Turkmenistan will participate in the ‘Halal Expo 2025’ international exhibition, which will be held in Istanbul in November. The participation of the national pavilion was approved by the President of Turkmenistan, Serdar Berdimuhamedov, on 5 September at a meeting of the Cabinet of Ministers, according to the state news agency TDH. At the exhibition, Turkmen companies will present products in the fields of agriculture, textiles, transport, logistics and tourism, demonstrating the country's commitment to diversifying exports and complying with international standards. Deputy Chairman of the Cabinet of Ministers Nokerguly Atagulyev reported on preparations for the event. The Head of State stressed that participation in such exhibitions strengthens trade and economic ties with foreign partners.
Turkmen specialists made a study visit to Germany
06.09.2025A delegation from Turkmenistan, including representatives of the State Customs Service and the Transport and Logistics Centre, made a study visit to Germany from 24 to 30 August. The training was initiated by the German Agency for International Cooperation (GIZ) as part of a regional project to simplify trade processes in Central Asia. This was reported by IIC. The purpose of the trip was to learn about Germany's innovative approaches to logistics and supply chain management. Turkmen experts visited a number of leading market players, including the Rhenus Group and DHL Innovation Centre. Specialists from Turkmenistan were shown the use of AutoStore robotic warehouse systems, automated vehicles, mobile robots and ‘green’ distribution centres powered by renewable energy. The key topics of the visit were digital transformation, automation and the implementation of environmentally friendly practices in logistics. The experience gained and professional contacts established will be used to modernise the national infrastructure and optimise customs processes in Turkmenistan.
President of the International Gas Union announced participation in OGT 2025 in Ashgabat
05.09.2025Andrea Stegher, President of the International Gas Union (IGU), will be a keynote speaker at the OGT 2025 conference, which will take place from 22 to 24 October in Ashgabat. This was reported by the news website Turkmenportal. His participation is intended to strengthen the discussion on the role of gas in the global energy transition and highlight the strategic importance of Turkmenistan in the Eurasian energy sector. The IGU brings together more than 130 organisations from 70 countries, representing over 90% of the global gas market and promoting safe and low-carbon solutions. OGT 2025 is expected to attract more than 300 delegates from 40 countries, including ministers, oil and gas company executives, technology experts and representatives of financial institutions. The conference programme covers energy security, gas monetisation, emissions reduction, digitalisation, financing and human resource development.
Turkmenistan and Japan expand cooperation in trade and textile industry
05.09.2025A delegation from Turkmenistan, led by Minister of Trade and Foreign Economic Relations N. Agahanov, paid a working visit to the Japanese cities of Osaka and Tokyo from 30 August to 3 September this year. The visit was dedicated to the development of bilateral cooperation in the field of trade and the textile industry. This was reported by the Ministry of Foreign Affairs of Turkmenistan. In Tokyo, meetings were held with the Chairman of the Turkmen-Japanese Committee on Economic Cooperation, H. Tsubai, and the President of the Japan External Trade Organization (JETRO) N.Ishiguro. In Osaka, negotiation was held with M. Ichinoki, Deputy Secretary-General of the EXPO 2025 Japan Association, as well as with representatives of the Saudi Arabia and Qatar pavilions at EXPO 2025. The key topics of the negotiation were opportunities for Japanese companies in the Turkmenistan market, the development of export-import operations and the promotion of Turkmen textile products in Japan. The parties discussed specific initiatives to strengthen trade and economic partnership between the two countries.
Turkmenistan's trade turnover with the Persian Gulf states reaches $2 billion
04.09.2025In 2024, trade turnover between the Persian Gulf countries and Central Asia reached $3.3 billion, which is 4.2 times higher than in 2020. This was reported by the online publication Arzuw.news. Turkmenistan became the largest partner of the Gulf countries with a volume of $2 billion (61% of total trade), increasing trade almost tenfold. Uzbekistan ranked second with $740 million (23%), and Kazakhstan ranked third with $302 million (9%). The UAE remains the absolute leader among the Gulf countries, accounting for 97% of trade with the region. Overall, 80% of turnover consists of supplies from the Gulf countries to Central Asia. For Turkmenistan, this trade accounts for about 10% of foreign trade, the highest figure in the region. Experts estimate the unrealised potential of mutual trade at $4.9 billion, mainly due to exports of cars, electronics and jewellery from the Gulf, as well as metals and agricultural products from Central Asia.
Turkmenistan and Pakistan step up cooperation in maritime transport and logistics
03.09.2025During the meeting between Turkmenistan's Ambassador A. Movlamov and Pakistan's Federal Minister for Maritime Affairs Muhammad Junaid Anwar, which was held on 1 September 2025, the main focus will be on improving the efficiency of transit and logistics capabilities of the seaports of Turkmenbashi, Karachi and Gwadar. This was reported by IIC. During the negotiation, the significant prospects for bilateral cooperation in the development of railway infrastructure, which is capable of ensuring sustainable transport links between the countries of the region, were highlighted. Particular attention was paid to the importance of multilateral cooperation for more active use of Pakistan's territory as a connecting bridge to strengthen economic ties, diversify supply routes and expand the transit potential of the region. At the end of the meeting, the parties confirmed their intention to continue constructive dialogue on all the topics discussed and noted the importance of accelerating the practical implementation of joint initiatives to ensure sustainable economic growth.
Businessmen from Afghanistan and Uzbekistan have concluded deals with the State Concern ‘Türkmenhimiýa’
03.09.20251 September – On the foreign market, the State Concern ‘Türkmenhimiýa’ signed contracts for the supply of liquefied gas with entrepreneurs from Afghanistan and Uzbekistan. This was reported by the press service of the SCRMET. During the bidding, three deals were signed for a total amount of $1,119,030. The parties did not disclose details about the delivery dates and product volumes.
Turkmen delegation participates in Tatarstan Oil, Gas and Chemistry Forum
03.09.2025On 26 August, the Tatarstan Oil, Gas and Chemistry Forum kicked off at the ‘Kazan Expo’ exhibition centre, with delegations from Turkmenistan and a number of other countries in attendance. The opening ceremony of this large-scale international forum featured speeches by Rustam Minnikhanov, President of Tatarstan, and Mikhail Ivanov, Deputy Minister of Industry and Trade of the Russian Federation. This was reported by IIC. In his speech, Rustam Minnikhanov emphasised that the oil, gas and chemical industry is undergoing a profound transformation that requires technological renewal and the search for new vectors of development. The Head of Tatarstan expressed confidence that open dialogue and the exchange of experience within the framework of the forum will contribute to the strengthening of international cooperation and the creation of new promising projects. Parallel to the forum, the international specialised exhibition ‘Kazan Oil, Gas & Chemistry’ is being held, showcasing the latest equipment and developments in the field of extraction, processing and chemical synthesis. The forum programme includes thematic sessions on digitalisation, import substitution and environmental aspects of the industry, as well as presentations of new technological solutions.
Trade turnover between Turkmenistan and Mangistau Region amounted to $9.2 million
01.09.2025In the first half of 2025, trade turnover between Turkmenistan and the Mangistau region of Kazakhstan reached $9.2 million, which is 19% more than a year earlier. This was reported by the online publication ‘Business Turkmenistan’. According to the akimat, exports from Kazakhstan amounted to $2 million, while imports from Turkmenistan amounted to $7.2 million. There are 20 joint ventures with Turkmen capital operating in the region, engaged in scrap metal, construction and the production of building materials. According to statistics, the total trade turnover between Turkmenistan and Kazakhstan in 2024 amounted to $554 million, with the countries planning to increase this figure to $1 billion.
TIF 2025 offers preferential terms for Turkmen entrepreneurs
01.09.2025The Organising Committee of the Turkmenistan Investment Forum (TIF 2025), which will be held in Ashgabat from 18 to 19 September, has announced special conditions for participation for citizens and companies of the country. This was reported by the Orient news agency. Until 4 September 2025, participants will be eligible for reduced registration fees: 3,000 manats for legal entities and 2,000 manats for individuals and entrepreneurs instead of the standard 5,000. The forum will be an important platform for discussing economic prospects, establishing direct contacts with international investors and seeking new opportunities for business development. The organisers invite representatives of Turkmen businesses to register on the official website of the event and take advantage of the benefits provided. Participants can look forward to communicating with investors and government representatives, participating in strategic sessions on energy, transport, the ‘green’ economy and digital transformation, as well as new partnerships and agreements that could influence the future of companies.
TIF 2025 offers preferential terms for Turkmen entrepreneurs
01.09.2025The Organising Committee of the Turkmenistan Investment Forum (TIF 2025), which will be held in Ashgabat from 18 to 19 September, has announced special conditions for participation for citizens and companies of the country. This was reported by the Orient news agency. Until 4 September 2025, participants will be eligible for reduced registration fees: 3,000 manats for legal entities and 2,000 manats for individuals and entrepreneurs instead of the standard 5,000. The forum will be an important platform for discussing economic prospects, establishing direct contacts with international investors and seeking new opportunities for business development. The organisers invite representatives of Turkmen businesses to register on the official website of the event and take advantage of the benefits provided. Participants can look forward to communicating with investors and government representatives, participating in strategic sessions on energy, transport, the ‘green’ economy and digital transformation, as well as new partnerships and agreements that could influence the future of companies.
Korean companies have implemented major investment projects in Turkmenistan
31.08.2025Korean companies have implemented a number of large investment projects in Turkmenistan, according to the state news agency TDH. Among the largest projects are a gas chemical complex in Balkan velayat worth more than $3.4 billion, a commercial gas purification plant at the ‘Galkynysh’ field worth $1.48 billion, and a chemical complex in Turkmenabat worth $682 million. On 29 August, a telephone conversation took place between the President of Turkmenistan, Serdar Berdimuhamedov, and the President of the Republic of Korea, Lee Jae-myung. During the telephone conversation, the parties noted the successful cooperation and positive experience of Korean companies, including ‘Hyundai’, ‘Daewoo’ and ‘LG’. The President of South Korea thanked the President of Turkmenistan for creating favourable conditions for their activities.
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