Fruitful cooperation under the development of banking sphere and private sector in Turkmenistan, which have received the development due to the initiatives of President Gurbanguly Berdimuhamedov, was noted at the meeting with the delegation of the European Bank for Reconstruction and Development chaired by the EBRD Managing Director for Central Asia Bruno Balvanera in the Foreign Ministry. Discussing the prospects of joint work of Turkmenistan and the European Bank for Construction and Develo...

The Foreign Ministry of Turkmenistan hosted the meeting with the delegation of the European Union chaired by the EU Special Representative for Central Asia Peter Burian. During the conversation, the sides noted significant potential of Turkmenistan for the implementation of major infrastructural projects. The guests confirmed the interest in continuation of the cooperation in different directions. Importance of large-scale reforms and changes initiated by President Gurbanguly Berdimuhamedov a...

The 2025 Digital Economy Development Strategy, which is well underway in Turkmenistan, is a roadmap launched to drive technological transformation in all sectors, provide state management, and build a knowledge-based economy, making full use of the country’s enormous resource and industrial potential.  A transition to this qualitatively new stage for the Turkmen economy has become possible thanks to the effective policy of the head of state designed to boost the competitiveness of domestic in...

Under working visit to Ashgabat, the delegation of the Interstate Fund for Humanitarian Cooperation of the Commonwealth of Independent States held the meetings and negotiations in some ministries and departments of Turkmenistan.  Chairman of the IFHC Board, People’s Artist of Azerbaijan and Turkmenistan Polad Bulbul Ogly, Co-chairman of the IFHC Board, Special Representative on Cultural Cooperation of the President of the Russian Federation Mikhail Shvidkoy and Executive Director of the IFHC,...

The Khazar Chemical Plant has boosted the production of high-quality carbon black almost twofold. Last year alone, the enterprise exported some 2,000 tons of the product. Among the consumers were companies from the USA, Russia, Scotland, Uzbekistan, and others. K-354 carbon black, produced by the Plant on an industrial scale, is mainly used as a reinforcing filler in the production of rubber goods. Aside from that, it is used to slow down the aging process in plastics, to make plastics antist...

On the 21st of January 2019, a meeting was held at the Ministry of Foreign Affairs of Turkmenistan with the Japanese delegation that arrived to Ashgabat on a working visit and headed by the Vice-president of “ITOCHU Corporation” and Co-chairman of Japanese-Turkmen Committee for Economic Cooperation Mr. Yoichi Kobayashi. During the meeting, participants noted the high level of cooperation between Turkmenistan and Japan, particularly in the economic and cultural-humanitarian spheres. The issues...

Scientists of the Institute of Chemistry of the Academy of Sciences and the Institute of Gas of the State Concern Turkmengaz had successful tests of reagent designated for borehole formation treatment at gas condensate deposit Gurrukbil. Use of active composition consisted of sulphuric acid and production wastes of oil-and-fats production plant allowed increasing filtration characteristics of the formation and production of drilling works. Until recently, the reagents for borehole formation t...