Economy
Frankfurt to host Turkmenistan Economy Days
11.09.2025From 30 to 31 October, Frankfurt will host Turkmenistan Economy Days, aimed at developing cooperation with Germany. This was reported by the Orient news agency. The event is organised by the Chamber of Commerce and Industry of Turkmenistan and the consulting company ‘TMT Consulting Group’, with the support of the Consulate of Turkmenistan in Germany. Leading companies from both countries will take part in the forum. Germany will present its technological potential, while Turkmenistan will showcase its production resources. Cooperation will be developed in the fields of finance, healthcare, trade, transport, oil and gas, petrochemicals, agriculture and textiles. The forum will serve as a platform for exchanging experiences, establishing long-term relationships and introducing innovations. The organisers invite businesses and experts to participate in order to strengthen economic relations and open up new opportunities.
Trade turnover between Turkmenistan and Tajikistan increased by 85%
10.09.2025Trade turnover between Turkmenistan and Tajikistan grew by 85.4% in the first seven months of 2025. This was reported by the Ambassador of Tajikistan to Turkmenistan, Vafo Alibek Niyatbekzoda, in an article published in the newspaper ‘Neutral Turkmenistan’ on the 34th anniversary of Tajikistan's independence, according to the news website Turkmenportal. According to the diplomat, the growth in mutual trade and the expansion of the range of products supplied testify to the strengthening of economic ties. Today, bilateral relations are based on about 138 agreements covering various areas of cooperation. Diplomatic relations between the countries were established in 1993. The diplomat emphasised that Tajikistan's President Emomali Rahmon and Turkmenistan's President Serdar Berdimuhamedov, as well as the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov, play a special role in the development of the partnership. In August, Emomali Rahmon visited Turkmenistan to participate in the Third UN Conference on Landlocked Developing Countries, held in the ‘Avaza’ National Tourist Zone. The Ambassador noted the high level of trust, friendship and good neighbourliness that characterises Tajik-Turkmen relations.
Turkmenistan's capital to host OGT 2025 conference with 300 delegates
07.09.2025The 30th International Conference and Exhibition ‘Oil and Gas of Turkmenistan – 2025’ (OGT 2025) will be held in Ashgabat from 22 to 24 October. More than 300 delegates from 40 countries are expected to attend, and all exhibition space has been booked in advance, according to the news agency ‘Turkmenistan: Golden age’. The forum will be held under the motto ‘Energy. Innovation. Development’ and will bring together leading energy experts. Speakers will include IGU President Andrea Stegher, Global Gas Centre Executive Director Valérie Ducrot, Pulitzer Prize winner Daniel Yergin and others. The programme will cover topics such as energy transition, decarbonisation and the application of AI in hydrocarbon production. Special emphasis will be placed on major projects in Turkmenistan, including the ‘Galkynysh’ field, the TAPI gas pipeline and the development of the Caspian shelf. Separate sessions will be devoted to renewable energy, including the hybrid power plant project at Lake Altyn Asyr. S&P Global Platts, SPE and Gaffney Cline will hold expert discussions on digital transformation and gas storage. The programme also includes a round table discussion entitled ‘Youth Perspective: Talent, Skills and AI — Building a Future-Ready Workforce’ with the participation of HR directors from Dragon Oil, Eni and Petronas. The conference aims to strengthen Turkmenistan's status as a key energy hub in Eurasia.
Turkmenistan will present its products at the ‘Halal Expo 2025’ exhibition in Istanbul
06.09.2025Turkmenistan will participate in the ‘Halal Expo 2025’ international exhibition, which will be held in Istanbul in November. The participation of the national pavilion was approved by the President of Turkmenistan, Serdar Berdimuhamedov, on 5 September at a meeting of the Cabinet of Ministers, according to the state news agency TDH. At the exhibition, Turkmen companies will present products in the fields of agriculture, textiles, transport, logistics and tourism, demonstrating the country's commitment to diversifying exports and complying with international standards. Deputy Chairman of the Cabinet of Ministers Nokerguly Atagulyev reported on preparations for the event. The Head of State stressed that participation in such exhibitions strengthens trade and economic ties with foreign partners.
Turkmen specialists made a study visit to Germany
06.09.2025A delegation from Turkmenistan, including representatives of the State Customs Service and the Transport and Logistics Centre, made a study visit to Germany from 24 to 30 August. The training was initiated by the German Agency for International Cooperation (GIZ) as part of a regional project to simplify trade processes in Central Asia. This was reported by IIC. The purpose of the trip was to learn about Germany's innovative approaches to logistics and supply chain management. Turkmen experts visited a number of leading market players, including the Rhenus Group and DHL Innovation Centre. Specialists from Turkmenistan were shown the use of AutoStore robotic warehouse systems, automated vehicles, mobile robots and ‘green’ distribution centres powered by renewable energy. The key topics of the visit were digital transformation, automation and the implementation of environmentally friendly practices in logistics. The experience gained and professional contacts established will be used to modernise the national infrastructure and optimise customs processes in Turkmenistan.
President of the International Gas Union announced participation in OGT 2025 in Ashgabat
05.09.2025Andrea Stegher, President of the International Gas Union (IGU), will be a keynote speaker at the OGT 2025 conference, which will take place from 22 to 24 October in Ashgabat. This was reported by the news website Turkmenportal. His participation is intended to strengthen the discussion on the role of gas in the global energy transition and highlight the strategic importance of Turkmenistan in the Eurasian energy sector. The IGU brings together more than 130 organisations from 70 countries, representing over 90% of the global gas market and promoting safe and low-carbon solutions. OGT 2025 is expected to attract more than 300 delegates from 40 countries, including ministers, oil and gas company executives, technology experts and representatives of financial institutions. The conference programme covers energy security, gas monetisation, emissions reduction, digitalisation, financing and human resource development.
Turkmenistan and Japan expand cooperation in trade and textile industry
05.09.2025A delegation from Turkmenistan, led by Minister of Trade and Foreign Economic Relations N. Agahanov, paid a working visit to the Japanese cities of Osaka and Tokyo from 30 August to 3 September this year. The visit was dedicated to the development of bilateral cooperation in the field of trade and the textile industry. This was reported by the Ministry of Foreign Affairs of Turkmenistan. In Tokyo, meetings were held with the Chairman of the Turkmen-Japanese Committee on Economic Cooperation, H. Tsubai, and the President of the Japan External Trade Organization (JETRO) N.Ishiguro. In Osaka, negotiation was held with M. Ichinoki, Deputy Secretary-General of the EXPO 2025 Japan Association, as well as with representatives of the Saudi Arabia and Qatar pavilions at EXPO 2025. The key topics of the negotiation were opportunities for Japanese companies in the Turkmenistan market, the development of export-import operations and the promotion of Turkmen textile products in Japan. The parties discussed specific initiatives to strengthen trade and economic partnership between the two countries.
Turkmenistan's trade turnover with the Persian Gulf states reaches $2 billion
04.09.2025In 2024, trade turnover between the Persian Gulf countries and Central Asia reached $3.3 billion, which is 4.2 times higher than in 2020. This was reported by the online publication Arzuw.news. Turkmenistan became the largest partner of the Gulf countries with a volume of $2 billion (61% of total trade), increasing trade almost tenfold. Uzbekistan ranked second with $740 million (23%), and Kazakhstan ranked third with $302 million (9%). The UAE remains the absolute leader among the Gulf countries, accounting for 97% of trade with the region. Overall, 80% of turnover consists of supplies from the Gulf countries to Central Asia. For Turkmenistan, this trade accounts for about 10% of foreign trade, the highest figure in the region. Experts estimate the unrealised potential of mutual trade at $4.9 billion, mainly due to exports of cars, electronics and jewellery from the Gulf, as well as metals and agricultural products from Central Asia.
Turkmenistan and Pakistan step up cooperation in maritime transport and logistics
03.09.2025During the meeting between Turkmenistan's Ambassador A. Movlamov and Pakistan's Federal Minister for Maritime Affairs Muhammad Junaid Anwar, which was held on 1 September 2025, the main focus will be on improving the efficiency of transit and logistics capabilities of the seaports of Turkmenbashi, Karachi and Gwadar. This was reported by IIC. During the negotiation, the significant prospects for bilateral cooperation in the development of railway infrastructure, which is capable of ensuring sustainable transport links between the countries of the region, were highlighted. Particular attention was paid to the importance of multilateral cooperation for more active use of Pakistan's territory as a connecting bridge to strengthen economic ties, diversify supply routes and expand the transit potential of the region. At the end of the meeting, the parties confirmed their intention to continue constructive dialogue on all the topics discussed and noted the importance of accelerating the practical implementation of joint initiatives to ensure sustainable economic growth.
Businessmen from Afghanistan and Uzbekistan have concluded deals with the State Concern ‘Türkmenhimiýa’
03.09.20251 September – On the foreign market, the State Concern ‘Türkmenhimiýa’ signed contracts for the supply of liquefied gas with entrepreneurs from Afghanistan and Uzbekistan. This was reported by the press service of the SCRMET. During the bidding, three deals were signed for a total amount of $1,119,030. The parties did not disclose details about the delivery dates and product volumes.
Turkmen delegation participates in Tatarstan Oil, Gas and Chemistry Forum
03.09.2025On 26 August, the Tatarstan Oil, Gas and Chemistry Forum kicked off at the ‘Kazan Expo’ exhibition centre, with delegations from Turkmenistan and a number of other countries in attendance. The opening ceremony of this large-scale international forum featured speeches by Rustam Minnikhanov, President of Tatarstan, and Mikhail Ivanov, Deputy Minister of Industry and Trade of the Russian Federation. This was reported by IIC. In his speech, Rustam Minnikhanov emphasised that the oil, gas and chemical industry is undergoing a profound transformation that requires technological renewal and the search for new vectors of development. The Head of Tatarstan expressed confidence that open dialogue and the exchange of experience within the framework of the forum will contribute to the strengthening of international cooperation and the creation of new promising projects. Parallel to the forum, the international specialised exhibition ‘Kazan Oil, Gas & Chemistry’ is being held, showcasing the latest equipment and developments in the field of extraction, processing and chemical synthesis. The forum programme includes thematic sessions on digitalisation, import substitution and environmental aspects of the industry, as well as presentations of new technological solutions.
Trade turnover between Turkmenistan and Mangistau Region amounted to $9.2 million
01.09.2025In the first half of 2025, trade turnover between Turkmenistan and the Mangistau region of Kazakhstan reached $9.2 million, which is 19% more than a year earlier. This was reported by the online publication ‘Business Turkmenistan’. According to the akimat, exports from Kazakhstan amounted to $2 million, while imports from Turkmenistan amounted to $7.2 million. There are 20 joint ventures with Turkmen capital operating in the region, engaged in scrap metal, construction and the production of building materials. According to statistics, the total trade turnover between Turkmenistan and Kazakhstan in 2024 amounted to $554 million, with the countries planning to increase this figure to $1 billion.
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