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Economy

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06.08.2021

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Turkmenistan is ready to increase gas and electricity supplies to Central Asia

Speaking during the third Consultative Meeting of the Heads of Central Asian States held in the Avaza National Tourist Zone, Deputy Prime Minister, Minister of Foreign Affairs of Turkmenistan Rashid Meredov emphasized that Turkmenistan was ready to significantly increase the supply of natural gas and electricity to Central Asia and beyond.

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05.08.2021

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Firstborns of a new venture

The first products were laid on the machines of the new enterprise of artistic carpet weaving, built in the city of Gubadag by order of the Dashoguz enterprise of artistic carpet weaving of the State Association "Turkmenhaly". The basis of carpet canvases was formed by ancient ornaments, such as "guşly göli", some newly restored ancient golis, and other patterns inherent in the centuries-old national art form. In the spacious, bright hall of the new building, which meets the accepted standards for lighting and other created working conditions, the craftswomen simultaneously began to weave about a hundred meters of high-quality ornamented woolen carpets of various sizes and colors.

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04.08.2021

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Situation on the gas market and prospects for cooperation between Turkmenistan and Azerbaijan

Oil and gas market analysts have noted a surge in natural gas prices on European trading floors. The cost of 1,000 cubic meters of natural gas for delivery in July peaked at $ 464, the highest spot price since March 2018. Hot weather, which has settled in European countries since the beginning of summer, has spurred the demand for "blue fuel" for electricity generation. At the same time, the region still feels the effects of a cold winter that devastated the underground storage facilities. According to media reports, they are now less than 49% filled, which is below the average for the previous five years.

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03.08.2021

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Preparations are underway for the UN Food Systems Summit 2021

The 2021 Food Systems Summit Preliminary Meeting in Rome on July 26-28 was an important milestone in preparations for the culminating international event in September, which will be timed to coincide with the United Nations General Assembly in New York. Investing in the agricultural sector is the key to ending hunger, Food and Agriculture Organization of the United Nations (FAO) head Qu Dongyu said on Wednesday at the closing ceremony. And the heads of UNICEF and WHO have called on governments and decision-makers to proactively pursue effective approaches, including promoting healthy diets through pricing policies and subsidies that will lower the prices of nutritious foods such as eggs, dairy products, fruits, vegetables and crops, and raise taxes on unhealthy foods.

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02.08.2021

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Positive trade dynamics at SCRMET

Nine transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.


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02.08.2021

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Web service introduces exporters

Bedspreads with various Turkmen ornaments, warm woolen blankets, sheep wool yarn of different numbers are offered for export by the Kerwenler individual enterprise, officially registered by the Ministry of Finance and Economy of Turkmenistan. As it turned out, this entrepreneurial structure from the Akhal velayat of the Akbugdai etrap has been producing high-quality textile products for several years. It is equipped with modern high-tech equipment of the German company Dor-Nier and the Turkish company Honaz and can offer a foreign buyer a batch of three thousand or more items at a time.

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01.08.2021

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Water and energy cooperation in the Amudarya River Basin

Turkmenistan places a high priority on water and energy issues in its state policy and diplomacy, while closely cooperating with neighboring countries and international organizations on energy security and sustainable water resources management. A telling example is our country’s participation in the EU-funded Central Asia Dialogue Project: Fostering Water, Energy and Food Security and Multi-Sector Investment (WEF Nexus), implemented by the Regional Environmental Center for Central Asia (CAREC). It is part of the Global Nexus Dialogues Program carried out in five regions of the world and funded by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ)

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01.08.2021

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National Workshop on Customs Valuation for Turkmenistan Customs

National Workshop on Customs Valuation for Turkmenistan Customs was held in the format of video conference by World Customs Organization (WCO), with the support of the WCO Regional Office for Capacity Building in Baku.

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29.07.2021

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For further harvest

Dashoguz velayat stores up wheat seed grain. By now, Dashoguz Velayat grain growers have stored up about 13,000 tons of seed grain.

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28.07.2021

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IMF positively evaluates economic recovery prospects for Central Asian countries

The International Monetary Fund (IMF) has released its latest World Economic Outlook report presenting global and regional economic growth projections, Sputnik Tajikistan reports.  

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