Turkmenistan is strengthening its position in global trade and logistics

Turkmenistan is strengthening its position in global trade and logistics
23 18.03.2026

Perhat Yagshiyev, Deputy Minister of Finance and Economy of Turkmenistan, spoke at the ‘IFT 2026’ International Forum, highlighting key areas of economic development and the country’s accession process to the WTO. This was reported by the news website Turkmenportal.

According to P. Yagshiyev, a draft Memorandum on the foreign trade regime has now been prepared, and WTO standards are being phased in in coordination with the WTO Secretariat and international partners.

In 2025, Turkmenistan’s GDP exceeded US$77.4 billion with growth of 6.3%, investment amounted to over US$12.8 billion (+6%), inflation fell to 3.2%, and external debt did not exceed 3% of GDP. There has been no domestic debt since January 2022.

Foreign trade turnover reached US$21.8 billion (+10.3%). The main areas for foreign investment are the oil and gas and chemical industries, energy, construction and the agro-industrial sector.

Particular attention is paid to transport and logistics capacity: Turkmenistan participates in international corridors, including the Trans-Caspian route, a branch of the ‘North-South’ corridor and the Lapis Lazuli corridor. The third phase of the ‘Ashgabat–Turkmenabat’ motorway is scheduled for completion in 2026.