Successful Year for Agricultural Production

This year has been successful for farmers of the country’s northern region. Thanks to the timely completion of all necessary agricultural work, the production targets have been met for principal field crops, such as cotton, wheat, rice, potatoes, onions, and others. The local agri-producers gained valuable practical experience in growing undersown crops in large areas and some crops planted in late autumn. Mung beans and white kidney beans were planted and grown in the Dashoguz region for the fi...

Demand for hydrocarbons and minerals

119 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Businessmen from the United Arab Emirates and Afghanistan purchased gasoline produced at the Turkmenbashi complex of oil refineries. Businessmen from Russia, the United Arab Emirates and Afghanistan also bought technical sulfur, liquefied gas and gasoline (GC “Türkmengaz”). Moreover, Russian businessmen purchased fine-grained potassium chloride (GC “Türkmenhimiýa”).

Businessmen fro...

Year-round Demand for Yarn

Last week, 19 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.

In foreign currency, businessmen from the UAE, Switzerland and Afghanistan purchased hydrotreated diesel fuel and aviation kerosene produced at the Turkmenbashi Refinery Complex.

Cotton yarn was also sold in foreign currency to traders from Turkey and Azerbaijan. The sum total of the deals exceeded US $33,693,000.

In local currency, entrepreneurs from the UAE, Scotland, Pakistan...

PRESIDENT OF TURKMENISTAN GURBANGULY BERDIMUHAMEDOV ADDRESSES NEW YEAR CONGRATULATION TO TURKMEN PEOPLE

The President has summed up the outcomes of the expiring year, which was held under slogan “Turkmenistan – Home of Neutrality”. Despite the complicated situation in the world, Turkmenistan has managed to achieve stable development of national economy in 2020. Numerous social and production facilities have been built and put into operation. Thousands of happy families have celebrated house-warming parties. Number of international projects, which are to turn the country into new important link of...

THE FINAL ASHGABAT DOCUMENT WAS DISTRIBUTED AS A DOCUMENT OF THE 75TH SESSION OF THE UNITED NATIONS GENERAL ASSEMBLY AND UN SECURITY COUNCIL

As known, on the 12th of December 2020, the International Conference entitled “Policy of neutrality and its importance in provision of universal peace, security and sustainable development" dedicated to the 25th anniversary of permanent Neutrality of Turkmenistan took place in Ashgabat.  The President of Turkmenistan Gurbanguly Berdimuhamedov participated to the work of the Forum.

The video statements of the United Nations Secretary General António Guterres, Secretary General of the Organizat...

Financial experts from the US are invited to mutually beneficial cooperation

The Ministry of Finance and Economy of Turkmenistan hosted a videoconference meeting with Counselor to the Chief Executive Officer of the U.S. International Development Finance Corporation (USIDFC), Caleb McCarry.

The meeting brought together the heads and leading specialists of the financial and economic department, as well as the State Bank for Foreign Economic Affairs, the Ministry of Foreign Affairs of Turkmenistan and the US Embassy in Turkmenistan.

The meeting participants discussed...

Meeting with World Bank Representatives

On January 7, the Ministry of Finance and Economy hosted a video-conference meeting with representatives of the World Bank, also joined by officials of the Ministry of Health and Medical Industry.

As part of the World Bank’s Financing Program, the meeting participants discussed issues concerning the implementation of long-term concessional lending projects facilitated by our country’s investment-favored climate that offers ample scope for promoting fruitful cooperation with foreign financial...

Institute of Chemistry: Self-Financing and Innovation

All laboratories and departments of the Institute of Chemistry, the Academy of Sciences of Turkmenistan have begun to operate on a self-supporting basis since the start of the new year. It is the first scientific research institution whose expenditures will not be financed from the State Budget, but wholly from own resources.

It took the Institute several years to make the transition to a financially self-sufficient organizational scheme, and in accordance with the Presidential Resolution it...

Working Meeting with EBRD Representative

On January 8, a working meeting was held with the Representative of the European Bank for Reconstruction and Development (EBRD) in Turkmenistan at the Ministry of Finance and Economy.

The meeting focused on issues of boosting cooperation between Turkmenistan and the EBRD, including in the field of lending facilities and investments, where positive experience has been gained.

A special topic for discussion was prospects of the European Bank’s participation in large-scale infrastructure proj...

A Briefing by Head of the OSCE Center

On January 8, the Ministry of Foreign Affairs hosted a briefing by Head of the OSCE Center in Ashgabat Natalya Drozd with the participation of representatives of the diplomatic corps and the mass media, faculty members of the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan.

The Head of the OSCE Center highly commended the political, economic and humanitarian aspects of neutrality, which are the main pillars of our country’s foreign policy. They seek to...