Economy
“USPA” showcased polo equipment at an exhibition in Ashgabat
08.06.2026The official representative of the “U.S. Polo Assn.” (USPA) in Turkmenistan presented professional horse polo equipment for the first time at the “Turkmentextile Expo-2026” exhibition. This was reported by the news website Turkmenportal. The stand featured a full set of gear, including a protective helmet, a leather saddle, bamboo mallets, knee pads, and high boots. According to brand representative Sabina Guseynova, the collection is not yet available for sale, but the company plans to further develop this product direction. The company also noted stable sales in Ashgabat and strong visitor interest in its clothing, particularly men’s shirts, sports trousers, and children’s lines. Founded in 1890, “U.S. Polo Assn.” is the official brand of the United States Polo Association. More than 100 companies are participating in the exhibition, representing the textile industry, design, raw material processing, and other segments of light industry.
Ashgabat will host meeting of the Turkmenistan–Azerbaijan Economic Cooperation Commission
08.06.2026The next meeting of the Intergovernmental Commission on Economic Cooperation between Turkmenistan and Azerbaijan takes place on July 7–8 in Ashgabat. Deputy Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly Ataguliyev announced this at a reception marking Azerbaijan’s Independence Day, according to “Business Turkmenistan”. According to the Embassy of Azerbaijan in Turkmenistan, preparations for the meeting already continue. Ataguliyev stressed that the commission remains a key instrument in the development of bilateral relations, ensuring coordination and implementation of joint decisions. Priority areas of cooperation include trade, transport and logistics, energy, agriculture, industry and technology.
“Aýdyň gijeler” will produce 1.5 million ID cards and more than 500,000 passports for Eswatini
08.06.2026Turkmen company “Aýdyň gijeler” will implement a major project in the Kingdom of Eswatini to produce national ID cards and biometric passports. This was announced by the company's branch director, Chary Myradov, in an interview with the newspaper “Neutral Turkmenistan”, as reported by the news website Turkmenportal. According to him, following a working visit by the company’s delegation to Eswatini in January 2026, the parties reached an agreement on cooperation in the field of document production. The project envisages the manufacture and delivery of 1.5 million national identification cards and more than 500,000 biometric passports. To implement the initiative, the company will be allocated a 4-hectare land plot where a production facility will be established. The project is expected to create new jobs and support the country’s economic development. Founded in 2016, “Aýdyň gijeler” is one of Turkmenistan’s leading high-tech enterprises, producing a wide range of electrical and electronic products.
UAE Ambassador discussed cooperation with Turkmen companies
07.06.2026The Ambassador of the United Arab Emirates to Turkmenistan, Ahmed Al-Hameli, held meetings with representatives of Turkmen businesses operating in the heavy machinery and agricultural equipment sectors, according to IIC. During talks with the management of the company “Dag Etek,” the parties discussed prospects for cooperation in the supply and operation of heavy machinery and lifting cranes, as well as opportunities for implementing joint projects. A separate meeting was held with the head of the company “Oguz,” which specializes in supplying agricultural tractors, heavy equipment, and buses. Participants considered the expansion of business contacts and the development of partnerships. According to reports, the meetings were aimed at strengthening cooperation between the private sectors of Turkmenistan and the United Arab Emirates, as well as identifying new areas of collaboration in the industrial and agricultural sectors.
Turkish entrepreneurs concluded deals with Turkmen counterparts
06.06.2026On June 5, during exchange trading on the foreign market, entrepreneurs from Turkey concluded deals with Turkmen entrepreneurs to purchase textile products. This was reported by the press service of the State Commodity and Raw Materials Exchange of Turkmenistan. On the domestic market, Turkmen entrepreneurs concluded deals with the Ministry of Textile Industry of Turkmenistan for the purchase of cotton yarn and first-grade refined cottonseed oil. As a result of the trading session, 9 deals were concluded for a total amount of 55 million manats and 24 thousand US dollars.
Turkmenistan Advances AI and Builds New Digital Corridors
06.06.2026At the SPIEF 2026 session, “Digital Future: Common Development Vectors, Challenges and Solutions,” Turkmenistan’s Minister of Communications, Hajymyrat Khudaygulyyev, presented the country’s plans for the development of artificial intelligence. This was reported by the Orient news agency. He announced the establishment of an Artificial Intelligence Competence Center within Turkmentelecom, which will focus on research, support for national digital priorities, and the training of specialists. Joint pilot projects with international partners were also announced in the fields of transport and logistics, oil and gas forecasting, and water resource management in agriculture. The minister noted that the capacity of international internet channels has increased tenfold over the past three years, a development expected to accelerate the growth of digital services and cross-border data exchange. Key focus areas include artificial intelligence, big data, blockchain, and cybersecurity. In addition, several infrastructure initiatives were presented, including the Serhetabat–Herat fiber-optic line and a submarine cable across the Caspian Sea, which are expected to strengthen digital connectivity between Europe and Asia.
Cevdet Yılmaz highlighted the potential for cooperation between Turkmenistan and Turkey
05.06.2026Vice President of the Republic of Turkey Cevdet Yılmaz visited the International Exhibition-Fair “Turkmentextile Expo – 2026”, held in Ashgabat. In a conversation with media representatives, he noted the high level of Turkmen-Turkish cooperation and outlined promising areas of interaction, according to the publication “Turkmenistan: Golden Age”. According to Cevdet Yılmaz, Turkmenistan is a friendly and strategic partner for Turkey. He emphasized that bilateral relations continue to develop on the basis of shared historical, cultural, and economic ties. One of the key areas of cooperation, the Turkish Vice President said, is the development of transport, logistics, and energy projects. In particular, he referred to the Trans-Caspian International Transport Route (the “Middle Corridor”), which is seen as an important tool for expanding trade relations between Asia and Europe. Special attention was paid to energy cooperation. The Turkish side noted the importance of projects for supplying Turkmen natural gas to the Turkish market and, through its territory, to European markets. Speaking about trade and economic cooperation, Cevdet Yılmaz said that the volume of mutual trade between the two countries amounted to 2.2 billion dollars last year. According to him, the parties aim to increase this figure to 5 billion dollars. He noted that the “Turkmentextile Expo – 2026” exhibition contributes to the development of business contacts and the expansion of cooperation between entrepreneurs of the two countries. It was also noted that the volume of Turkish investments and construction contracts in Turkmenistan has reached 56 billion dollars. Turkish companies continue to participate in the implementation of infrastructure projects in the country. The Vice President of Turkey separately highlighted the development of the city of Arkadag, emphasizing its importance as a modern project in urban planning and digital technologies.
Italian technologies will be showcased at “TurkmenTextile Expo 2026”
30.05.2026The arrival in Ashgabat of leading global textile machinery developers, who form the technological backbone of major industries in Europe, Türkiye, India and China, is elevating the upcoming industry forum to a high international level, according to the news agency Orient. With the support of the Embassy of Italy, the Italian Trade Agency and a relevant industry association, a large-scale national Italian exhibition will take place at “TurkmenTextile Expo 2026” in June. Italy is traditionally a leader in industrial engineering solutions. The participation of the Italian pavilion highlights the growing role of Ashgabat as an important hub for attracting investors, industrial capital and manufacturers of high-tech products. Within the exhibition, specialists will be able to explore solutions from leading industry brands. Participants include Marzoli (spinning equipment), Savio (spinning automation), Itema (next-generation weaving looms), Stalam (high-frequency material processing), Mesdan (quality control and laboratory testing), and Color Service (robotic dosing systems and dyeing automation). Their technologies combine digital precision, energy efficiency and environmental sustainability. The “TurkmenTextile Expo 2026” will take place from June 4 to 6 and will cover the entire textile production cycle—from fiber processing to the production of clothing, footwear and home textiles, as well as the supply of components, chemicals and accessories. The forum will serve as a key platform for showcasing the export potential of Turkmenistan’s textile industry, concluding contracts and discussing prospects for regional market development. The participation of the Italian exhibition is expected to add significant commercial impact and open opportunities for the modernization of production based on European technologies.
“Aýdyň Gijeler”, Esvatini’de biyometrik belge merkezi inşa edecek
30.05.2026Ekonomik şirket “Aýdyň Gijeler”, Esvatini’de bir üretim üssü kurmak için 4 hektarlık arazi tahsis alacak. Karar, 28 Mayıs’ta Abu Dabi’de Esvatini Kralı III. Mswati ile Türkmen şirketi heyeti arasında yapılan görüşmenin ardından alındı. Bu bilgi “Business Turkmenistan” internet yayını tarafından bildirildi. Taraflar, Esvatini için 1,5 milyon ulusal kimlik kartı ve 500 binden fazla biyometrik pasaport üretimini kapsayan büyük ölçekli ortak bir proje üzerinde anlaşmaya vardı. Kral girişimi destekledi ve devlet desteği sözü verdi. Belgelerin, ICAO ve AB standartlarına uygun modern kriptografik ve biyometrik teknolojiler kullanılarak, “Austrian Cards” tarafından geliştirilen güvenli çip platformu üzerinde üretilmesi planlanıyor. Dijital kimliklendirme, telekomünikasyon, bilişim teknolojileri, yol altyapısı ve sanayi alanlarında uzun vadeli iş birliği de ele alındı. Heyet, Esvatini’nin ilgili bakanlarıyla görüşmeler yaparak projenin teknik ayrıntıları ve yasal çerçevesini görüştü. Şirket, bunun Türkmen özel sektörünün Esvatini ile stratejik ortaklık düzeyine ulaştığı ilk vaka olduğunu belirtti.
Turkmenistan and Belarus enter a new stage of trade and economic partnership
30.05.2026The Belarusian Chamber of Commerce and Industry has summed up the results of its business mission to Turkmenistan, noting a transition in trade and economic cooperation to a more practical and diversified stage. This was reported by the Orient news agency. According to the Minsk branch of the Belarusian CCI dated May 28, the negotiations with the Turkmen Chamber of Commerce and Industry resulted in a number of concrete commercial agreements, which continue a long-standing political dialogue. The agreements cover the food industry, woodworking, instrumentation, and medical technologies. The main platform for B2B meetings was the exhibition “White City Ashgabat – 2026,” where Belarusian companies presented their export potential. As a result of negotiations with both public and private structures of Turkmenistan, agreements were reached to begin supplies of Belarusian interior doors, medical equipment, and specialized machinery. The Turkmen side also showed interest in purchasing fiberboard (MDF) and chipboard (particle board), while exports of cellulose and street lighting systems are still under consideration. During the visit, the Belarusian delegation met with the Ambassador of Belarus to Turkmenistan, Stanislav Chepurnoy, where business conditions, the growth of trade turnover, and participation in future exhibitions and business events were discussed.
Turkmenistan is increasing its gas exports through new projects
30.05.2026Turkmenistan is expanding international cooperation in the energy sector. The fourth phase of development has begun at the country’s largest gas field — “Galkynysh.” The project is seen as an important step in the development of the industry and in strengthening cooperation with the People’s Republic of China, AsmanNews reports. A key role in the gas industry belongs to the Lebap region on the right bank of the Amu Darya. The main production facilities that ensure the export of Turkmen gas are concentrated here, including supplies via the Turkmenistan–China gas pipeline. One of the important infrastructure hubs remains the “Malay” field. Since 2009, gas extraction and transportation to foreign markets have been carried out in the region. Over this period, supplies have become a significant part of economic cooperation between Turkmenistan and China. The launch of the fourth phase of “Galkynysh” is linked to the development of infrastructure in the Lebap region. The gas is processed and compressed, after which it is transported via an international gas pipeline to China over a distance of thousands of kilometers. The Turkmenistan–China gas pipeline remains one of the largest energy projects in the region. It has expanded the country’s export capabilities and strengthened the diversification of gas supplies. The construction of new facilities, drilling of wells, and modernization of infrastructure continue in the country. This supports employment and regional development. Experts note that the development of “Galkynysh” and “Malay” confirms Turkmenistan’s course toward strengthening its position as a major supplier of natural gas in the region.
“Garagum” represents Turkmenistan at INDEX 2026 exhibition in Geneva
30.05.2026The business entity “Garagum” represented Turkmenistan at the international nonwoven materials and disposable products exhibition “INDEX 2026” in Geneva, according to the news website Asmannews, citing the newspaper “RYSGAL”. At its stand, the company showcased products under the “Garagum Nonwoven” brand, including medical items such as masks, gowns, coveralls, and protective materials, as well as modern nonwoven solutions based on “meltblown” and “spanmelt” technologies. “Garagum” is considered the first producer of spunbond materials in Turkmenistan and the only manufacturer of meltblown materials in Central Asia. Production has been carried out in Ashgabat since 2020, and the company’s products are exported to more than 15 countries. The quality of the products is confirmed by international ISO certifications, as well as the company’s membership in the EDANA association. Participation in the exhibition marked a step toward strengthening the company’s export position and expanding the presence of Turkmenistan’s private sector in the global market.
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