The UAE’s new strategy opens up the opportunities for the intensification of cooperation with Turkmenistan, UAE Ambassador to Turkmenistan Hassan Abdullah Al Adhab said. He added that great success, especially in the economic sphere, had been achieved in the development of the bilateral partnership since the opening of the UAE embassy in Turkmenistan. “We will…
Russian Prime Minister Dmitry Medvedev has instructed the country’s Ministry of Industry and Trade to hold talks with Turkmenistan and sign an agreement on industrial cooperation if the sides reach a concord, according to Russia’s official Internet portal of legal information. The purpose of the agreement is to create mutually beneficial competitive environment in the…
Ashgabat hosted the next meeting of the Interstate Commission for Water Coordination (ICWC) of Central Asia. The ICWC is the body of five governments, which entrusted direct functions of water resources management and development and maintenance of sustainable natural and hydro ecological processes on transboundary water resources to the ministries (State Committees, Departments) of water…
Central Asia’s biggest industrial complex with an annual capacity of 1.4 million tons of potash fertilizer is being built in an area exceeding one hundred hectares in Turkmenistan’s Lebap Province. The ore-dressing and processing enterprise will be put into operation in late March. Currently, preparation is being carried out in the industrial area to launch…
GDP growth rate in Turkmenistan was maintained at 6.2% in 2016, the country’s Ministry of Economy and Development said. The growth rate has increased by 1.2% in the industrial sector, by 4.4% in construction, by 10.5% in transportation and communication sector, by 14.3% in trade, by 11.6% in agriculture and by 10% in the sphere…
Turkmenistan has finalized the preparation of the technical assignment for the creation of the next (second) national satellite, the functions of which will include Earth remote sensing. TurkmenAlem 52E, Turkmenistan’s first telecommunications satellite, was launched on April 28, 2015 from Cape Canaveral (Florida, US). It was brought to the space by Falcon 9 v1.1 carrier…
GDP growth rate in Turkmenistan will amount to 6.5% in 2017, according to the January 2017 Global Economic Prospects report of the World Bank (WB) published on its website. Turkmenistan will also increase the economy’s growth by 6.8% in 2018 and by 7% in 2019, according to the WB forecasts. GDP growth rate in Turkmenistan…