Turkmenistan has started the detailed preparation to the First Caspian Economic Forum to be held on the 12th of August 2019 in the National Tourist Zone “Avaza.”  It is favorably symbolical that the date of this first in the history large Caspian forum coincides with the Day of the Caspian Sea. The implementation of measures on preparation and hosting the First Caspian Economic Forum unfolds in accordance with the Concept of holding the Forum affirmed by the President of Turkmenistan Gurbangu...

On the 4th of February, 2019 a meeting was held at the Ministry of the Foreign Affairs of Turkmenistan with the representatives of the Interstate Found for Humanitarian cooperation of the Commonwealth of Independent States (IFHC) Ms. Elvira Dolya, Deputy executive director of the IFHC of the CIS and Mr. Alexander Goncharov, the counselor of the Directorate, who came to Ashgabat on a working visit. During the meeting an exchange of views took place with the Commonwealth of Independent States r...

President Gurbanguly Berdimuhamedov approved the Programme of social and economic development of the country in 2019 – 2025 at the session of the Cabinet of Ministers on February 1. Another phase of multilevel reforms of the Head of the State, further structural reorganization of the branches of national economy and entire system of the government administration has started after adoption of this strategic document. Development of the Programme has been regularly discussed at the sessions of...

40 transactions were registered past week at the State Commodity and Raw Materials Exchange of Turkmenistan. Businessmen from the United Kingdom, Switzerland, Estonia, Hong Kong, the United Arab Emirates, Uzbekistan and Kyrgyzstan purchased, in foreign currency, road bitumen produced at the Turkmenbashi Complex of Oil Refineries; businessmen from the Russian Federation bought high-density polyethylene and polypropylene made at the Kiyanly Polymer Plant. Carbamide produced by Turkmenhimiya Sta...

The ministries and departments of industrial and communication complexes fulfilled the plan of production and services by 108.7 percent with the growth rate of 117.7 percent by the outcomes of 2018. Vice-premier M. Chakiyev has informed the Head of the State about the outcomes of development of these branches in the last year at extended session of the Government on February 1. Production growth rate of cotton yarn of the Ministry of Textile Industry was on 115.9 percent level, cotton fabrics...

Total volume growth of trade turnover for the period under review by the Ministry of Trade and Foreign Economic Relations was 10.1 percent. The State Commodity and Raw Material Exchange held 249 trade session and made 26,374 contracts for this period. Total volume of income increased by 23.4 percent. Service growth rate by the Trade and Industrial Chamber was 48.7 percent, profit growth rate – 54.2 percent and growth of total income was 107.3 percent. 24 exhibitions and 26 conferences were...

President of Turkmenistan held extended session of the Cabinet of Minsiters where outcomes of social and economic development of the country for the last year have been discussed as well as personnel issues have been reviewed. Members of the State Security Council, Leaders of the Mejlis, ministries and departments, administrations of cities, velayats and etraps, universities, mass media and other have been invited to the session. Having announced the agenda, the Head of the State gave floo...