Turkmenistan: transit cargo transportation from China to increase

Turkmenistan’s logistics potential in the field of transit cargo transportation has increased taking into account the commissioned Kazakhstan-Turkmenistan-Iran transnational railway. The foreign partners, including China, pay more attention to the transit potential of this route, which has become an important link in the North-South and East-West transport corridors. The total length of the China-Kazakhstan-Turkmenistan-Iran route…

Turkmenistan: GDP up in January 2019

As of late January, the growth of the gross domestic product (GDP) of Turkmenistan was 6.2%, the Turkmen government said in a statement. In general, the volume of production and the retail trade turnover grew by 4.9% and 19% YoY, respectively. The plan for the production of various types of food products has been fulfilled…

Turkmenistan: retail sale of alcohol limited

The Law on Prevention of Harmful Effects of Alcohol, signed by Turkmen President Gurbanguly Berdimuhamedov, came into force in Turkmenistan. The law defines a legal, organizational and economic framework for the government policy in this area. Trade entities are prohibited from selling alcohol on non-working holidays (except for the provision of catering services) and memorable…

Turkmenistan: additional railway line to be built in Afghanistan

The information about laying an additional 10-kilometer railway line to develop Afghanistan’s Aqina railway station was voiced at a working governmental meeting in Ashgabat city. The corresponding project was developed at the Turkmen Ministry of Railways. President of Turkmenistan Gurbanguly Berdimuhamedov stressed that all infrastructure facilities of this railway must be provided with equipment that…

Turkmenistan: Iranian firms keen to involve in construction projects

Iranian companies are interested in taking part in motorway and road construction projects in Turkmenistan, Abbas Ahmad Akhoundi, the Islamic Republic’s Roads and Urban Development minister, said. Akhoundi made the remarks on the sidelines of a meeting with Turkmenistan’s Foreign Affairs Minister Rasit Meredow in Tehran. The parties held talks on participation of Iranian companies…

Turkmenistan: development of economic co-operation discussed with Romania

The Ministry of Finance and Economy of Turkmenistan and the Ministry of Economy, Commerce and Business Environment of Romania have signed a memorandum of understanding on cooperation in the economic sphere. The document was signed in Ashgabat as part of the seventh meeting of the joint Intergovernmental Turkmen-Romanian Commission for Economic, Scientific and Technological Cooperation.…

Turkmenistan: president voices discontent over low progress in transportation

Turkmen President Gurbanguly Berdimuhamedov has severely reprimanded Magsat Aydogdiyev, Minister of Automobile Transport, for improper performance of duties and shortcomings in work, the Turkmen government said in its message. “The head of state pointed to the low level of measures for further modernization and improvement of transport sphere in the country and expressed his discontent…

Turkmenistan: seeds of high-yield wheat used

Wheat crops take up more than 700,000 hectares of agricultural areas in Turkmenistan. Vegetation watering was carried out. Additional mineral fertilizing of soil will be done closer to spring. Seeds of high-yield wheat were being used during the sowing. Measures to protect winter crops against pests and diseases are being taken. About 1 million tons…

Turkmenistan: co-operation with Belarus to develop

President of Turkmenistan Gurbanguli Berdimuhamedov confirmed the structure of the Turkmen part of Turkmen-Belarus intergovernmental committee on scientific and technological cooperation. Document was signed in order to further develop cooperation between Turkmenistan and Belarus, a message of the Turkmen government said. Turkmenistan is one of the key partners of Belarus in Central Asia, message on…

Turkmenistan: wages up in 2018

Wages, pensions, state allowances and scholarships have been increased by 10% in Turkmenistan since January 1. The relevant decree of the Turkmen President Gurbanguly Berdimuhamedov was signed last July. The decree provides for an increase of 10% starting from the New Year on salary received by employees of enterprises of self-financing institutions and organizations financed…

Turkmenistan: fish industry developing

The administrative center of Turkmenbashi (Turkmenistan) operates a complex for breeding sturgeons, producing black caviar and fish products. The enterprise belongs to the open joint-stock company “Khazar balyk”. The annual capacity of the facility is 100 tons of commercial fish of sturgeon species, 2 tons of sturgeon caviar, 170 tons of smoked, dried and other…

Turkmenistan: Ashgabat and Seoul discuss perspectives of trade and economic co-operation

President of Turkmenistan Gurbaguly Berdimuhammedow met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea Jong Tae-In, the Turkmen government said in a message. An exchange of views took place on the prospects for cooperation in the trade and economic sphere, energy and transport sectors, and in the field of advanced technologies. “An…