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Economy

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24.06.2021

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Accelerated paces of grain-harvesting campaign

In the year marked by the 30th anniversary of the sacred independence of the Motherland, Turkmen grain growers have achieved great labor success. Guided by the tasks set by President Gurbanguly Berdimuhamedov to build up the economic potential of the state, ensure food security, agricultural workers of Turkmenistan have gathered a rich crop of grain this year.

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22.06.2021

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Gazprom increases gas purchases in Turkmenistan and cuts them in other Central Asian countries

According to Interfax with reference to the report and the Memorandum on the issue of Eurobonds of the Russian concern, Gazprom increases gas purchases in Turkmenistan, reducing them in Kazakhstan and stopped purchasing ‘blue fuel’ in Uzbekistan.

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22.06.2021

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Uzbekistan and Turkmenistan intensify relations in the economic sphere

Senior Research Scientist at the Institute for Strategic and Interregional Studies under the President of the Republic of Uzbekistan (ISMI) reports on the intensification of relations in the economic sphere with Turkmenistan.

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22.06.2021

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Construction materials: natural resources and import substitution

An active and consistent policy of comprehensive support for small and medium-sized businesses, entrepreneurial initiatives of economic entities contributed to attracting entrepreneurs to create new industries, modernize existing enterprises, and manufacture products that already compete with imported ones. Enterprises that widely use the richest reserves of natural resources are opened in the country.

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21.06.2021

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Turkmen's melons are excellent

They say that in ancient times there was a special punishment for stealing a melon: a person who stole a melon at the bazaar getting twice as many cuffs as a person who coveted other fruits. As if for the fact that the thief is also a lazy person, because it costs nothing to grow a melon - throw a seed into the ground, sit and wait: the melon grows by itself, ripens by itself. Is it really? Those who were born on the Turkmen land know that she, like a caring mother, brings up her children in hard work - she will not allow a grain of wheat or a drop of water to be taken for free. But the worker will reward the most fragrant churek, the most sugar grapes and golden honeydew melon.

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21.06.2021

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Turkmenistan leads in pipeline gas supply to the PRC in the second quarter of 2021

Turkmenistan takes leading positions in supply of pipeline gas to China in the second quarter of 2021, the INTERFAX informs referring to the information from the General Customs Administration of the PRC.

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20.06.2021

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Rapid paces of the harvest campaign

Turkmen farmers have achieved remarkable success the year marking the milestone of 30 years of our country’s independence. They have grown good wheat crops this year working towards the tasks of increasing the country’s economic potential, achieving food self-sufficiency and boosting agricultural productivity specified by President Gurbanguly Berdimuhamedov.

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20.06.2021

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Private transport and logistics company «TURKMENLINE» is developing a new route

At present, because of the market reforms carried out in the country, the share of the non-state sector in the country's GDP, excluding the fuel and energy complex, has reached 70 percent. This is not only quantitative growth, characterized by an increase in the number of private economic entities and entrepreneurs, the growing contribution of the non-state sector of the economy to the State budget, but also a new quality, a wider scale of entrepreneurial activity. Today, Turkmen entrepreneurs more and more successfully declare themselves in new spheres of activity, mastering innovative directions not only at the national but also at the international level.

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19.06.2021

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Chinese company wins an international tender for the construction of new wells at the Galkynysh field

During a meeting of the Cabinet of Ministers of Turkmenistan, Deputy Prime Minister for Fuel and Energy Complex of Turkmenistan Shahym Abdrahmanov informed that the Chinese company CNPC Chuanging Drilling Engineering Company Ltd won an international tender for the provision of services for the construction of new wells at one of the world's largest gas wells – Galkynysh field.

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18.06.2021

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The way to Turkmen silk: processing of silkworm cocoons starts in Ashgabat

Ashgabat Silk Factory has started the processing of silkworm cocoons, which production was 2,100 tons of high-quality material. The works at the facilities are in its peak.

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