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Foreign businessmen sign contracts at the Turkmenistan Stock Exchange
15.06.2026On June 12, transactions involving entrepreneurs from Afghanistan, Uzbekistan, and Turkey were concluded on the external and domestic markets of Turkmenistan as part of exchange trading. This was reported by the press service of the State Commodity and Raw Materials Exchange of Turkmenistan. On the external market, businessmen from Afghanistan and Uzbekistan signed contracts with the State Concern “Turkmengas” for the purchase of liquefied natural gas. Turkish businessmen, in turn, reached agreements with local suppliers for the purchase of cotton yarn. On the domestic market, Turkmen businessmen concluded deals with the Ministry of Textile Industry for the purchase of similar products — cotton yarn. As a result of the trading session, 14 deals were formalized for a total value of 63 million manats and 14 million US dollars.
Turkmenistan Actively Advances Construction of the TAPI Gas Pipeline
15.06.2026The implementation of one of the largest international energy projects — the Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline — is currently underway. The project was initiated by the National Leader of the Turkmen people and Chairman of the Halk Maslahaty of Turkmenistan, Gurbanguly Berdimuhamedov, and is being carried out under the leadership of the President of Turkmenistan, Serdar Berdimuhamedov, according to the electronic newspaper “Nebit-Gaz”. Construction is progressing actively on the key 153-kilometer Serhetabat–Herat section, known as “Arkadagyň ak ýoly” (“The White Road of Arkadag”). The general contractor is Turkmengaz, while construction works are being carried out by Turkmengazgurlushyk. Around 700 specialists and more than 250 units of modern equipment are involved in the project. Seventeen international contracts have been signed for the supply of pipes and equipment. A significant portion of the materials has already been manufactured and delivered through the ports of Poti, Alat, and Turkmenbashi before being transported to construction sites in Afghanistan. Geodetic surveys have been completed along the route, the territory has been handed over to contractors, and work is underway on route clearing, pipe welding and laying, joint insulation, and trench excavation. In parallel, more than 107 kilometers of service roads have been constructed. The project is regarded as an important economic factor for Afghanistan. Expected transit revenues could exceed 1 billion dollars annually, potentially stimulating infrastructure development and job creation. TAPI is positioned as a strategic initiative reflecting Turkmenistan’s commitment to regional cooperation and economic development.
Ashgabat Hosts Russia Day Celebration
15.06.2026On June 12, a Russia Day celebration organized by the Russian House took place at the Arkach Shopping and Entertainment Center in Ashgabat. The event featured a concert, folk performances, and a variety of creative activities, according to the IIC. Renowned performers, including Mansur Sharipov and Bahar Durdiyeva, took the stage with popular songs and traditional national melodies. The concert also included dance performances, contests, and concluded with a rendition of the famous Russian folk song “Kalinka.” A handicrafts fair and creative workshops were held alongside the concert. Visitors had the opportunity to explore traditional crafts, purchase souvenirs, and create handmade items of their own. The celebration was marked by a warm and festive atmosphere and attracted a large number of participants.
President of Turkmenistan Sends Congratulations to Donald Trump
15.06.2026President of Turkmenistan Serdar Berdimuhamedov sent congratulations to the President of the United States of America, Donald Trump, on the occasion of his 80th birthday. The state news agency TDH reported this. In his message, the head of state noted that Turkmenistan highly values its friendly relations with the United States of America and expressed confidence in their further development and strengthening in the interests of the peoples of both countries. The President of Turkmenistan also wished Donald Trump good health, happiness, well-being, and success in his activities aimed at the progress and prosperity of the people of the United States of America.
Head of the Football Federation of Turkmenistan attends the World Cup opening ceremony
14.06.2026The head of the Football Federation of Turkmenistan, Guvanchmuhammed Ovekov, attended the opening ceremony of the 2026 FIFA World Cup at the invitation of FIFA. The tournament kicked off on June 11 at the “Azteca” stadium with a match between the national teams of Mexico and South Africa, according to the news website Turkmenportal. As part of the opening ceremony, a colorful show featuring local and international artists was held. The highlight of the event was FIFA President Gianni Infantino appearing with the World Cup trophy. Before the match, flags of FIFA member countries were raised at the stadium, including the flag of Turkmenistan. The Turkmenistan national team failed to qualify for the final stage of the tournament, ending its campaign in the second round of the Asian qualifiers. The World Cup, hosted by the United States, Canada, and Mexico, will conclude on July 19. For the first time in history, 48 teams are participating in the tournament.
A Taekwondo tournament is taking place in the capital of Turkmenistan
14.06.2026The 22nd traditional Taekwondo tournament began in Ashgabat on June 13. It is organized by the National Taekwondo Center of Turkmenistan and the Embassy of the Republic of Korea. The competitions are being held at the Martial Arts Center in the Olympic Complex, according to the IIC. More than 110 athletes from Ashgabat and all five regions (velayats) of the country are taking part in the tournament, which will last until June 14. Medals are contested in individual and team standings across 25 weight categories among children, cadets, and juniors. The program includes kyorugi sparring events. At the opening ceremony, the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Turkmenistan, Lee Won-jae, delivered a speech. He emphasized the importance of Taekwondo in fostering discipline and respect, as well as the role of the tournament in strengthening cultural exchange between the two countries. The tournament has been held since 2010 and aims to improve the sporting skills of participants and strengthen Turkmen-Korean relations. Winners in the team standings and individual weight categories will be determined following the final matches on June 14.
Youth of Turkmenistan took part in an OSCE climate seminar
14.06.2026On 11–12 June, the OSCE Centre in Ashgabat hosted the seminar “Inclusive Engagement and Equal Participation in Climate Action,” organized within the framework of the OSCE project “Strengthening Cooperation on Climate Change, Good Environmental Governance and Environmental Security.” This was reported by the press service of the International Relations Institute of the Ministry of Foreign Affairs of Turkmenistan. Participants of the event included students from the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan, the International University for the Humanities and Development, the Oguz Khan University of Engineering and Technology of Turkmenistan, the Turkmen State Medical University named after Myrat Garryyev, and the Turkmen State Institute of Architecture and Construction. The seminar focused on issues of climate security and the development of leadership and analytical skills among young people. International experts addressed the participants, while the practical component included the development and presentation of a Youth Resolution project on climate engagement.
Turkmenistan and Malaysia are preparing an agreement on cooperation in the gas sector
14.06.2026Malaysia and Turkmenistan plan to sign a long-term agreement on cooperation in the hydrocarbon sector on June 19. This was announced by Malaysia’s Deputy Minister of Economy Akmal Nasrullah Mohd Nasir, according to the online publication “Business Turkmenistan”. According to him, the agreement is aimed at strengthening energy supply chains and developing bilateral partnership. Malaysian authorities note that the country continues to diversify its energy sources and strengthen the resilience of the sector amid global challenges. Earlier, it was reported that the oil and gas company PETRONAS is considering participation in gas projects in Turkmenistan, and a Malaysian delegation is expected to visit the country in mid-June to discuss energy cooperation.
Fitch Ratings Affirms Stable Outlook on Turkmenistan’s Credit Rating
14.06.2026Fitch Ratings has affirmed the Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of the State Bank for Foreign Economic Affairs of Turkmenistan (SBFEAT) at “BB-” with a Stable Outlook, according to the news website Turkmenportal. The bank’s rating is aligned with the country’s sovereign rating and reflects Turkmenistan’s resilient macroeconomic performance, low level of public debt, and the stability of its financial system. The bank plays a key role in financing priority projects in the oil and gas, chemical, transport, agriculture, and healthcare sectors. It also acts as the government’s agent for attracting external borrowings and managing international financing activities.
Turkmenistan Presented Its Climate Agenda at the UNFCCC SB64 Session in Germany
14.06.2026A delegation of Turkmenistan, headed by the Deputy Minister of Environmental Protection, is participating in the 64th session of the Subsidiary Bodies of the United Nations Framework Convention on Climate Change (UNFCCC SB64), taking place in Bonn, Germany, from June 8 to 18. This was reported by the press service of the Ministry of Foreign Affairs of Turkmenistan. During the meetings, the country's representatives presented Turkmenistan’s national position on climate-related issues and provided updates on the implementation of its commitments under the UNFCCC and the Paris Agreement. The Turkmen side reaffirmed its commitment to international efforts to combat climate change, including reducing greenhouse gas emissions, improving energy efficiency, introducing environmentally friendly technologies, and expanding the use of renewable energy sources. It was noted that work on the updated Nationally Determined Contribution (NDC 3.0) is being finalized in cooperation with the United Nations Development Programme (UNDP). Regional initiatives were also presented, including the establishment of a Regional Climate Technology Center for Central Asia in Ashgabat. The delegation reported on the progress of preparations for the center’s launch and expressed readiness to expand cooperation with international partners. On the sidelines of the session, bilateral meetings were held with representatives of participating countries and international organizations, during which climate policy, technology implementation, and joint projects aimed at achieving the Sustainable Development Goals were discussed. Turkmenistan’s participation in SB64 reaffirmed the country’s commitment to strengthening international cooperation in environmental protection, climate change adaptation, and sustainable development.
“ASKIN & CO” Presents Hospital Digitalization Solutions to Turkmenistan
14.06.2026Austrian company ASKIN & CO GmbH has offered Turkmenistan solutions for the digitalization of healthcare institutions. This was announced by the company's CEO, Ralph Lugbauer, on the sidelines of the 13th meeting of the Joint Turkmen-Austrian Commission in Ashgabat, according to the news website Turkmenportal. According to Lugbauer, the company is completing a project to digitalize the Archman Sanatorium and continues to work with medical institutions in the country’s velayats (regions). During the meeting, the parties also discussed new opportunities for developing healthcare management systems. Lugbauer highlighted the high professional level of Turkmen specialists and thanked the country’s leadership for its attention to healthcare development. The visit of the Austrian delegation to Ashgabat will continue until June 14.
Ashgabat and Tokyo Discuss New Areas of Partnership
14.06.2026A Turkmen delegation led by Ata Serdarov, Chairman of the Democratic Party of Turkmenistan, paid a working visit to Japan from June 10 to 12. This was reported by the press service of the Ministry of Foreign Affairs of Turkmenistan. During the visit, meetings were held with representatives of the leadership of Japan’s Liberal Democratic Party, as well as members of parliament and officials from the country's Ministry of Foreign Affairs. The parties discussed the current state and future prospects of bilateral relations. Both sides noted the steady development of Turkmen-Japanese cooperation and emphasized the importance of high-level political dialogue, including the meetings held in Tokyo in 2025, which gave additional momentum to bilateral engagement. Special attention was paid to interparliamentary ties and the activities of friendship groups, as well as to the prospects for expanding contacts between the political parties of the two countries. The idea of establishing a direct party-to-party cooperation mechanism was also discussed. The parties further reviewed initiatives aimed at deepening cooperation, including the organization of the “Central Asia + Japan” Parliamentary Forum in Ashgabat in 2027, strengthening contacts between women parliamentarians, and expanding trade and economic cooperation, particularly in the oil and gas and chemical sectors. At the conclusion of the visit, both sides reaffirmed their interest in further strengthening their multifaceted partnership.
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