On November 27, 2025, the “Convention between Turkmenistan and Japan for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance” will enter into force. This document was signed during the 15th joint meeting of the Turkmen-Japanese and Japanese-Turkmen groups on Economic Cooperation held in Ashgabat on December 16, 2024. As a result of the exchange of official diplomatic notes on October 28, 2025, this Convention will enter into fo...

Within the framework of the international conference and exhibition "CIET-2025", “Turkmenhimiya” state concern and japanese company “Kawasaki Heavy Industries, LTD” signed a Memorandum of Understanding on improving the energy efficiency of major chemical production facilities in Turkmenistan. The purpose of the signed Memorandum is to carry out work on the supply and replacement of a steam boiler for a facility under the concern. The steam boilers in use are an important part of modern chemic...

Within the framework of the international conference and exhibition "CIET-2025", the Ministry of Energy of Turkmenistan and the Japanese company “Sumitomo Corporation” have signed a Framework Agreement on cooperation aimed at improving the reliability and uninterrupted power supply in the country. The purpose of the agreement is to provide specialized equipment to prevent ice formation on power lines. Ice accumulation on power lines in regions with variable climate conditions is a serious...

A number of important bilateral meetings were held during the CIET-2025 international conference, confirming strategic partnership of Turkmenistan with leading companies . Within the framework of the above-mentioned event, Deputy Chairman of the Cabinet of Ministers of Turkmenistan B. Annamammedov met with Erdem Irsel, Director of the Turkmenistan branch of “Rönesans Endüstri Tesisleri” company, and Kenji Sanada, Executive Director of “Kawasaki Heavy Industries, Ltd.”. The meeting with “Rö...

On 2 November 2025, during his working visit to Balkan velayat, the esteemed President of Turkmenistan, His Excellency Serdar Berdimuhamedov, met with Mr. Eisaku Ito, CEO of Japanese company “Mitsubishi Heavy Industries, Ltd.”. “Mitsubishi Heavy Industries, Ltd.” in consortium with “GAP İnşaat” (Turkey), is going to lead the construction of a major urea production complex in Kiyanly, with an annual capacity of 1.155 million tons. The meeting highlighted the long-standing, mutually benefici...

On October 29, 2025, a roundtable discussion was held via video conference with the participation of representatives of the Ministry of Motor Transport of Turkmenistan, “Sumitomo Corporation” and “Toyota Central Asia” on the topic “Opportunities for cooperation with Japanese companies in the supply of automobile vehicles”. During the roundtable discussion, the previously established cooperation between the Ministry of Motor Transport of Turkmenistan and Sumitomo Corporation in the provision o...

During his official visit to the Italian Republic, President of Turkmenistan Serdar Berdimuhamedov participated in the Turkmen-Italian Business Forum.  The event was attended by members of the official delegation of Turkmenistan, high-ranking Italian officials, and representatives of the private sectors of two countries.  In his speech at the Business Forum, the President of Turkmenistan emphasized the importance of this meeting, which aims to develop Turkmen-Italian ties through direct bu...