President of Georgia Giorgi Margvelashvili sent a letter to his Turkmen counterpart Gurbanguly Berdimuhamedov on the occasion of the 25th anniversary of establishing diplomatic relations between the two countries, the Turkmen government said in a message. In his letter, Margvelashvili expressed readiness to deepen and expand mutually beneficial partnership with Turkmenistan. The Georgian president pointed…
Energy-rich Turkmenistan invites foreign investors to participate in the development of the gas and chemical industry. The country plans to build several large gas chemical complexes, a source in the fuel and energy complex of the country said. These large complexes will focus on the production of polyethylene, polypropylene, polyvinyl chloride, monoethylene glycol, dimethyl ether…
Trade and economic relations were high on agenda as Washington hosted the Turkmen-U.S. business session on development of business ties. The event was held with the participation of officials of Argus Ltd, Boeing, CNH Industrial, Ellicott Dredges, General Electric, John Deere, Lindsey, Microsoft, Oxbox Energy Solution, Caterpillar and Westport Trading Europe Ltd, said the Turkmen…
India wants to re-negotiate bilateral investment treaties with Turkmenistan, Tajikistan, Kyrgyzstan and a number of other countries, Indian Minister of State for Commerce and Industry Nirmala Sitharaman said. The minister said that while approving the new Model Bilateral Investment Treaty text in 2015, the Indian government had also approved the proposal to terminate those out…
A new building of Rysgal commercial bank – Turkmenistan’s first bank created by private entrepreneurs – opened in Ashgabat. The private credit organization created by entrepreneurs gives a new impetus to developing the private sector of the Turkmen economy. In late March, the International Monetary Fund (IMF) said Turkmenistan needed to improve the business and…
Central Asian states, Uzbekistan and Turkmenistan, which traditionally enjoy fruitful and successful cooperation, voiced commitment to deepen the ties. Uzbekistan’s President Shavkat Mirziyoyev and Deputy Chairman of the Cabinet of Ministers, Foreign Minister of Turkmenistan Rashid Meredov discussed the expansion of practical Uzbek-Turkmen cooperation. The sides discussed the expansion of cooperation between the countries, as…
President of Turkmenistan Gurbanguly Berdimuhamedov signed a decree on reorganization of certain banks in the country, the Turkmen government said in a message. At a government meeting, the Turkmen president gave concrete instructions to the management of the country’s Central Bank. Also, a decree was signed on the transfer of rights and obligations on the…