The main tasks of the long-term progressive development of all sectors of the national economy are set forth in the Socioeconomic Development Programme of the President of Turkmenistan for 2022–2028. One of the most important areas for the progressive growth of Turkmen economy is the production of modern goods and market promotion of domestic products that meet international standards.
Despite global economic challenges, which are hindering GDP growth of many countries and in some cases are creating the negative dynamics of economic growth, Turkmenistan’s GDP growth remains stable. One of the factors of economic stability is import substitution. This economic policy is a state strategy, the essence of which is simple – the replacement of foreign products with domestically produced goods. The goal is obvious: to stimulate and protect national economic interests by creating favourable conditions for industry and reducing the dependence on imports, introducing innovative technologies and expanding opportunities for using the accumulated national industrial potential.
