On 16 July, the President of Turkmenistan, Serdar Berdimuhamedov, addressed the Turkmen-Georgian Business Forum, where he outlined the key areas for the development of trade, economic and investment cooperation between the two countries. This was reported by the online news site AsmanNews.

The Head of State noted that, in early 2026, an Investment Programme was approved in Turkmenistan, aimed at maintaining gross domestic product growth at 6.3 per cent.

The President of Turkmenistan identified the development of the fuel and energy sector as one of the priority areas. Turkmenistan has commenced the fourth phase of industrial development of the ‘Galkynyş’ gas field, whilst also continuing to develop hydrocarbon resources in the Caspian Sea and to build partnerships with foreign oil and gas companies.

New hydrocarbon processing facilities have been commissioned in the country. Liquid petroleum products are exported to countries in Asia and Europe. The gas chemical industry is also developing, and the production of mineral fertilisers, polymers and other chemical products is expanding.

Serdar Berdimuhamedov highlighted the development of the private sector and the expansion of production of construction, metal, plastic, cable and electrical engineering products. The output of finished textile products exceeds 130,000 tonnes per year, around 80 per cent of which is exported.

Agriculture is also increasing its export potential. Turkmenistan is one of the major suppliers of environmentally friendly food products.

Particular attention was paid to the development of transport, logistics, communications, infrastructure and the use of maritime terminals. The President announced that Turkmenistan is engaged in negotiations to establish a cargo terminal on Georgia’s Black Sea coast.

The Head of State noted Turkmenistan’s interest in Georgia’s experience in the fields of tourism and services, and emphasised the need to hold regular business forums in both countries.