Economy
Turkmenistan participates in the 66th session of the WIPO in Geneva
09.07.2025From 8 to 17 July 2025, the 66th session of the World Intellectual Property Organisation (WIPO) Assembly is being held in Geneva, with the participation of a delegation from Turkmenistan headed by the Head of the State Intellectual Property Service. This was reported by the IIC. The session, which brings together representatives from more than 100 countries, is discussing topical issues in the development of the international intellectual property system. The main focus is on finding a balance between the interests of rights holders and users in the context of rapid technological progress, as well as issues of regulating artificial intelligence in the context of copyright. The Turkmen delegation plans to hold a series of meetings with representatives of international organisations and foreign states. The talks will focus on improving the national intellectual property system, implementing the provisions of the National Programme for 2021-2025 and the prospects for joining new international treaties. Turkmenistan's participation in the work of WIPO confirms the country's commitment to international standards in the field of intellectual property protection and its desire for active cooperation in this area at the global level.
Turkmenistan boosts poultry export potential
09.07.2025The ‘Nurly meýdan’ poultry complex, a key producer of chicken meat and eggs in the country, is successfully operating in the Bereket etrap of the Balkan velayat. The enterprise covers an area of 50 hectares and carries out the entire production cycle, from chick incubation to finished products. This was reported by the IIC. The complex produces 200-250 thousand chickens per month, which is a significant part of the total volume in Turkmenistan. Production capacity allows for the production of 8 thousand tonnes of chicken meat and 30 million eggs annually. The enterprise has 260,000 laying hens, which produce 130,000-140,000 eggs daily, with plans to increase this figure to 240,000. Particular attention is paid to product quality, which is confirmed by growing demand both on the domestic market and abroad. Supplies to Afghanistan have already been established, and negotiations are underway to enter the markets of Kazakhstan, Georgia, Russia and the UAE. The activities of ‘Nurly meýdan’ clearly demonstrate the successful development of Turkmenistan's agro-industrial complex, combining modern production technologies with environmental safety of products.
Turkmenistan is building up its maritime potential: construction of new ships is starting
08.07.2025The ‘Türkmendeňizderýaýollary’ agency has announced an international tender for the design, supply of equipment and construction management of two Ro-Ro railway ferries and one dry cargo ship. The project is financed by the Islamic Development Bank and the OPEC Fund under previously signed agreements. This was reported by IIC. All three vessels will be built at the Balkan shipbuilding and ship repair yard, which underscores Turkmenistan's commitment to developing its own shipbuilding capacity. The implementation of the project will increase the cargo-carrying capacity of the national maritime fleet, strengthen Turkmenistan's position as a transport hub in the Caspian Sea region, create new jobs and improve the qualifications of local specialists. Particular importance is attached to the construction of railway ferries that will be able to transport wagons between Caspian ports, which will increase the efficiency of international transport corridors involving Turkmenistan. This project is in line with the country's long-term maritime infrastructure development strategy and will contribute to the diversification of the national economy. Construction is scheduled for completion in 2026-2027.
Foreign companies are actively purchasing Turkmen goods
08.07.2025On 7 July, representatives of Afghanistan purchased SN-350 base oil from the State Concern ‘Türkmennebit’. This was reported by the press service of the SCRMET. Serbian businessmen signed a contract with the Ministry of Health and Medical Industry of Turkmenistan for the supply of unrefined dried licorice roots and rhizomes. In addition, entrepreneurs from the UAE concluded a deal with Turkmen entrepreneurs for the purchase of dyed fabric and men's shirts. On the domestic market, a deal was made between local businessmen and the Ministry of Health and Medical Industry to buy thick licorice root extract. In total, four deals were made during the auction for a total of 750,846 US dollars and 884,000 manats.
Turkmen logisticians organized a trial container transportation along the China-Azerbaijan route
08.07.2025Turkmenistan has successfully launched a new international freight route, organising the transit of a container train from China to Azerbaijan. The Transport and Logistics Centre of Turkmenistan (TULM) transported 50 forty-foot containers. The test train was formed in the Chinese city of Zhejiang and travelled to the international port of Baku, crossing the territory of Kazakhstan and Turkmenistan. This was reported by IIC. A special feature of this shipment was the use of a multimodal scheme: after crossing land borders, the containers were transshipped to a feeder vessel in the port of Turkmenbashi for further sea transport to Azerbaijan. TULM, established in 2018 by Decree of the President of Turkmenistan, continues to actively develop the country's transport and logistics infrastructure. The company's main objectives are to increase transit traffic volumes and develop optimal logistics solutions for international cargo flows. This operation clearly demonstrated Turkmenistan's potential as an important link in the international transport corridors connecting Asia and Europe. The successful completion of the trial voyage opens up prospects for the further expansion of such shipments through the country's territory.
Two fertilizer plants will be built in Turkmenabat
07.07.2025Two fertilizer plants will be built in Turkmenabat. Swiss company Casale has signed a contract with South Korea's Daewoo Engineering & Construction Co., Ltd. to develop project documentation. This was reported by IIC of Turkmenistan. The customer is the State Concern ‘Türkmenhimiýa’. The plants will produce granular ammonium sulphate and simple superphosphate, fertilisers that improve soil fertility. Production capacity will be 100,000 tonnes and 350,000 tonnes per year, respectively. The project expands Casale's presence in Central Asia and contributes to the development of agriculture in the region.
Turkmenistan will join the Asian Development Bank trade project
05.07.2025On July 4, during a government meeting, Deputy Chairman of the Cabinet of Ministers of Turkmenistan Hojamyrat Geldimyradov reported on steps to develop cooperation with international and regional financial and economic structures and foreign countries. This was reported by the state news agency TDH. In particular, a proposal by the Asian Development Bank was presented on Turkmenistan's participation in the second phase of the Integrated Trade Agenda to 2030 of the Central Asia Regional Economic Cooperation (CAREC) Programme. The initiative includes the digitalisation of trade, environmental development and participation in trade policy and trade facilitation projects. The proposal was submitted for consideration to the President of Turkmenistan, Serdar Berdimuhamedov, who supported the country's participation in the project and instructed the Deputy Prime Minister to continue work in this direction.
Turkmenistan put forward initiatives at the ECO Summit on sustainable development
05.07.2025On 4 July 2025, the 17th summit of the Economic Cooperation Organisation was held in Khankendi under the slogan ‘New ECO Vision for a Sustainable and Climate-Resilient Future.’ The Turkmen delegation was headed by Foreign Affairs Minister Rashid Meredov, who in his speech stressed the importance of developing a new development strategy for the organisation until 2035. This was reported by the Foreign Affairs Ministry of Turkmenistan. The Head of the Turkmen Foreign Affairs Ministry emphasised the need to deepen cooperation in key areas, including the creation of effective transport corridors, diversification of energy supplies and the development of renewable energy sources. Particular attention was paid to the proposal to create a special mechanism for coordinating the energy policies of the ECO member countries to ensure the stability of energy supplies in the region. During the discussion on transport cooperation, Turkmenistan put forward an initiative to further integrate the transport and logistics systems of the organisation's member states. Proposals were also made to intensify business contacts through chambers of commerce and industry and to expand cultural and humanitarian cooperation. The summit participants unanimously noted that the implementation of these initiatives will contribute significantly to strengthening multilateral cooperation and will promote the sustainable development of the entire ECO region.
Representatives of Turkmenistan took part in the regional program on digital trade
05.07.2025The first face-to-face module of the regional Training Programme on Digital Trade and Multimodal Transport took place in Tashkent, with the participation of representatives of the State Customs Service of Turkmenistan together with colleagues from other Central Asian countries. The event was organised as part of the project ‘Trade Facilitation in Central Asia’ with the support of the German Society for International Cooperation (GIZ). This was reported by the online publication ‘Turkmenistan: Golden age’. Participants in the programme studied in detail modern digital tools aimed at harmonising multimodal transport in the region. A key element of the training was a multimodal transport reference data model, which allows all modes of transport to be integrated into a single system and significantly simplifies cross-border information exchange. The knowledge and skills gained will enable Turkmen specialists to make a practical contribution to the development of efficient logistics corridors in Central Asia, which is in line with the strategic objectives for the digital transformation of foreign trade operations in Turkmenistan.
Turkmenistan and Belarus strengthen direct contacts between business communities
04.07.2025Turkmenistan and Belarus maintain stable trade and economic ties, which have been actively developing in recent years due to the strengthening of contacts between business communities. This was stated by Belarusian Ambassador to Turkmenistan Stanislav Chepurnoy in an article on Belarusian Independence Day published in the newspaper ‘Neutral Turkmenistan’, according to the news website Turkmenportal. The Head of the diplomatic mission noted that the economies of the two countries are complementary, especially in the areas of agriculture, industry and transport. The dates for the next meeting of the Intergovernmental Commission on Economic Cooperation are currently being discussed. The Ambassador emphasised that the states have built a partnership based on respect and trust, supported by warm relations between the leaders. According to him, the parties still have significant potential for expanding cooperation, and Belarus is open to constructive dialogue.
Joint trade exhibitions of Turkmenistan and Turkey have started in Istanbul
03.07.2025Two significant international events opened in Istanbul – the ‘Turkmenistan-Turkey’ Trade Fair and the ‘F Istanbul’ food industry and technology exhibition. These events mark a new stage in strengthening economic ties between the two countries. This was reported by the IIC. The opening ceremony was attended by Turkish Minister of Trade Omer Bolat, who noted the symbolic nature of holding exhibitions in this format and the high level of activity of the Turkmen delegation. He emphasised that Turkmenistan had been granted the status of guest of honour at the ‘F Istanbul’ exhibition. Both events include B2B business meetings aimed at expanding partnerships between Turkish and Turkmenistan entrepreneurs. The Minister drew attention to the steady growth in trade between the countries. According to him, last year the volume of mutual trade exceeded $2.2 billion, which is 8.35% more than in the previous period. In the first six months of this year, growth already amounted to 26.5%. Omer Bolat expressed confidence that if this pace is maintained, bilateral trade will exceed $3 billion next year. The parties confirmed their intention to achieve the ambitious goal set by the leaders of the two countries – to increase annual trade to $5 billion. The Minister also noted the active participation of Turkish construction companies in the implementation of infrastructure projects in Turkmenistan. Of the 12,600 international contracts worth a total of $540 billion, 1,100 projects worth $54 billion were completed in Turkmenistan.
Russia plans to expand the participation of road carriers in trade with Turkmenistan
03.07.2025From 23 to 25 June, a working meeting was held in Ashgabat between representatives of the Ministry of Transport of the Russian Federation and the ‘Türkmenawtoulaglary’ agency under the Transport and Communications Agency of the Cabinet of Ministers of Turkmenistan. This was reported by the online publication ‘Business Turkmenistan’. Russia expressed interest in expanding bilateral freight traffic. In turn, Turkmenistan responded with its readiness to use Russian transport, provided that it is quickly made available for loading. The Turkmen side also noted the growth in transport volumes in 2024–2025 due to state support for the export of agricultural products and consumer goods, and provided information on the rules for transit through the country's territory. The parties discussed opportunities for cooperation between carriers and shippers, exchanged contacts and agreed to develop direct business ties.
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