Türkmenmetbugat

"Türkmenistanyň daşary syýasaty we diplomatiýasy" žurnaly

Founder: Ministry of Foreign Affairs of Turkmenistan
Adress: Ashgabat, Archabil av. 108
Telephones: 44-56-35

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Articles

Logistics Potential of the Country

In the 21st century, trade remains a key aspect of cooperation between countries and serves as the backbone of modern society, also ensuring peace and cooperation among peoples. In terms of international trade, one of the most discussed issues is the establishment of sustainable supply chains. The creation of a harmonious system of transit corridors is one of the priorities of the economic strategy of Turkmenistan. In accordance with the adopted National Programme of the Socioeconomic Development of Turkmenistan in 2022–2052, the country’s efforts are aimed at the successful implementation of the tasks of the fullest use of the geo-economic potential of our Motherland through the creation of logistics corridors, the enhancement of the role of the country and its integration into the regional and international system of multimodal communications.

7 July 2023

Logistics: The Science of Integrated Transportation and Carriage of Goods

In his speech at the first Central Asia–China Summit, the President of Turkmenistan Serdar Berdimuhamedov put forward initiatives to build effective industrial cooperation schemes and to develop joint energy and transport projects. The President confirmed that our country was ready to expand transport cooperation, the key factor of which was the existence of objective mutual interests of the Central Asian countries and China. The issues related to interaction in the energy and the transport and logistics sectors, including the development and operation of relevant infrastructures, were considered during the talks between the President of Turkmenistan and the Prime Minister of Hungary on June 9 this year.

23 June 2023

Transit Corridors of Economy

The prospects of international economic relations and foreign trade of Turkmenistan contribute to the positive growth in cargo traffic, in servicing which the role of all existing and new large transport hubs of our state is steadily being increased. These intentions are being implemented consistently. Undoubtedly, transport corridors are of tremendous importance for joint work of our state with other countries and the development of the transport sector in addressing social and economic issues. Today, Turkmenistan has created a sufficiently diversified production potential for further effective integration of the national economy of Turkmenistan into the world economic system. These are developed transport and communication arteries, high-quality market infrastructure, economic and legal guarantees and an environment for attracting large-scale investments. And the social and political stability of the Turkmen state. Continuous work is being done in all these areas, and significant results have been achieved, for example, in the implementation of the transport and transit policy of esteemed President Serdar Berdimuhamedov.

9 June 2023

Achievements and Potential of the Turkmen Capital City are in the Spotlight

 XXII International Universal Exhibition “White City of Ashgabat” The XXII International Universal Exhibition “White City of Ashgabat”, organised by the Ashgabat City Administration and the Chamber of Commerce and Industry of the country, was held in the capital.

26 May 2023

International Transport and Transit Corridors: Interconnectivity and Development

A Large-Scale Industrial Conference and Exhibition Were Held in Turkmenistan The capital city hosted the II International Conference and Exhibition entitled “International Transport and Transit Corridors: Interconnectivity and Development–2023”, the venue of which was the Chamber of Commerce and Industry of the country.

5 May 2023

Factors of Economic Stability

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.

29 April 2023

Transport — an Important Link of Business Cooperation

Being an important link of major international transit corridors, Turkmenistan actively establishes mutually beneficial cooperation with foreign countries and international structures. A wide range of issues related to cooperation in the transport sector is included in the agenda of almost all business forums. In March, the Turkmenistan–Tatarstan business forum was held in Ashgabat. In the context of building up trade and economic cooperation and mutual trade in accordance with the existing potential, both parties expressed their readiness for close cooperation in the transport and logistics sector. As it was emphasised at the Forum, the relations with the Republic of Tatarstan occupy an important place in the bilateral partnership between Turkmenistan and the Russian Federation. This cooperation develops consistently and on a systematic basis in line with the Declaration on deepening the strategic partnership between Turkmenistan and the Russian Federation, signed by President Serdar Berdimuhamedov and President Vladimir Putin in Moscow last June, and the agreements concluded. The key areas of the multifaceted dialogue between Turkmenistan and Tatarstan are the fuel and energy complex, the textile industry, agriculture, machine- and shipbuilding and transport. The solid and wide composition of the representatives of the business community of Turkmenistan and Tatarstan and t

31 March 2023

Union of Industrialists and Entrepreneurs of Turkmenistan Celebrates 15th Anniversary

UIET Holds Anniversary Forum in Ashgabat An exhibition of the Union of Industrial Enterprises and Entrepreneurs was held in the capital city to mark the 15th anniversary of this large public organisation. On this occasion, an anniversary conference took place.

24 March 2023

Agroindustrial Complex as an Important Segment of the National Economy

Turkmenistan attaches particular importance to the modernisation of the agroindustrial sector, which is directly related to ensuring food abundance in the country and building up the export potential of the national economy. The large-scale reforms aimed at improving agricultural efficiency and increasing agricultural output are being successfully implemented. Now the application of new organisational and legal forms in this sector in line with international practices, modern requirements and national realities is becoming increasingly important. In recent years, the agricultural reforms, aimed at diversifying production, optimising land and water relations, supporting agribusiness, creating high value-added production chains and adopting market mechanisms and digital technologies, have been implemented in Turkmenistan. Turkmenistan’s agroindustrial sector comprises several sectors of the economy, namely agriculture, industries and trade closely related to agricultural production. Its effective functioning focuses on producing and processing agricultural crops into high-quality consumer goods.

10 March 2023

A Model of Digital Economy

The development of high-tech and efficient industries in Turkmenistan is a priority of the socioeconomic policy of President Serdar Berdimuhamedov, since such development is essential for achieving the economic and social goals. These tasks are being fulfilled in the framework of the Conception of Digital Economy Development of Turkmenistan for 2019–2025 and the State Programme for Digital Economy Development for 2021–2025, ensuring the all-round prosperity of our country. The 21st century is the age of innovations. It is marked by their rapid growth – they have become an integral part of life, helping people solve problems and fully recognised as the foundation for global sustainable economic development. Digital transformation is taking place in nearly all sectors of the world economy – manufacturing, finance, services, education, infrastructure and the social sphere, among others. The main tools to enable digital transformation are the creation of the IT sector, the development of innovative methods and cybersecurity. This transition to a brand new economy is done by automating all processes of data processing. The Internet of things, big data, artificial intelligence, monitoring systems, blockchain, neural networks, 3D modelling, virtual reality, cloud computing and many other tools contribute to the integration of all data flows to create an informati

3 March 2023

Investments as a source of economic growth

In the new history of the Turkmen people, large-scale reforms, aimed at improving the well-being of all citizens of our country, are taking place in the country. The main objectives of the progressive, long-term development of segments of the national economy are set forth in the Programme “The Revival of the New Era of the Powerful State: The National Programme of the Socioeconomic Development of Turkmenistan in 2022–2052” and the Socioeconomic Development Programme of the President of Turkmenistan for 2022–2028. The Investment Programme of Turkmenistan for the period until 2023 was approved at the extended meeting of the Cabinet of Ministers of Turkmenistan on February 10 this year. The Programme sets the important tasks for the sectors of the national economy to ensure the rapid economic growth.

24 February 2023

Reliable Support of National Economy

One of the priority areas for deepening economic reforms conducted in Turkmenistan under the leadership of the esteemed President Serdar Berdimuhamedov is to encourage entrepreneurship. It has a significant role to play in modernising and diversifying the sectors of the national economy, increasing production and expanding the range of competitive product, achieving food abundance and enhancing the export potential of the country. Entrepreneurship is one of the leading sectors that largely determines the economic growth, the employment level and the structure and quality of the gross national product. Its development corresponds to global trends towards the formation of a flexible mixed economy, a combination of different forms of ownership and an adequate economic model, which allows synthesising a competitive market mechanism and state regulation of large-, medium- and small-scale production. World practice convincingly shows that, small-scale business has a significant impact on economic development and contribute to solving social problems and increasing the number of employed workers even in developed market economies. Small businesses in some countries play a leading role in terms of the number of employees, the volume of goods produced and sold, work performed and services rendered.

3 February 2023

Import Substitution as a Crucial Economic Factor

A flexible and pragmatic import substitution strategy underlies the successful development of all spheres of Turkmen economy. Its successful implementation contributed to the continued downward trend of imports, since the increase in domestic production has enabled to reduce the imports of many products, consumer goods and foodstuffs. In recent years, Turkmen producers have significantly expanded their presence in the market. Such large-scale work allows creating new industrial areas for Turkmen economy and expanding consistently the list of domestically produced goods able to compete in the market. Domestic manufacturers have made great progress in all sectors of the economy and consistently expand the list of goods, contributing to saturating the domestic commodity market and enhancing the export potential of our country.

6 January 2023

The President of Turkmenistan took part in the opening of a complex of mudflow diversion facilities

Today, with the participation of President Serdar Berdimuhamedov, a solemn ceremony was held to put into operation a complex of mudflow diversion facilities in the southern part of the capital of Turkmenistan. The implementation of the urban development program is one of the most important directions of the state development strategy pursued by the head of state. This comprehensive program, as you know, is focused on the use of advanced world achievements and innovations in the construction industry and provides for the creation of optimally comfortable conditions for people's lives, their creative work and good rest. In accordance with it, social, cultural, administrative, industrial and other facilities are being built in all corners of the country, forming the modern infrastructure of cities and villages.

9 November 2022

Import Substitution: Current Trends and Prospects

Today, Turkmenistan is one of the most dynamically developing states in Central Asia. Unique natural and climatic conditions and rich mineral resources have laid the groundwork for a diversified economy with the priority development of the agricultural sector and the strong industry oriented to import substitution. Our flexible and pragmatic import substitution policy ensures the successful development of all sectors of the economy. Successfully implementing the economic modernisation and diversification policy and introducing innovations in all spheres of the economy, our country is experiencing an unprecedented growth and prosperity. It is accelerating the development of its diversified industry that uses advanced technologies and know-how and seeks to increase the production of import-substituting and competitive products. The esteemed President Serdar Berdimuhamedov has set clear goals and objectives to the economic sectors: to facilitate modernisation to raise the country’s competitiveness in all areas. The President has set the priority tasks, including the structural transformation of the economy and the dynamic development of competitive, export-oriented and import-substituting enterprises. Since the national economy is developing through investments and innovations, it is therefore necessary to strengthen the competitive advantages of Turkmenistan on a global

23 September 2022

Key spheres of economy

The International Exhibition “Construction, Industry and Energy of Turkmenistan-2022” and the Conference “Construction, Industry and Energy Development in Turkmenistan” that marked the Day of Construction and Industrial Workers were held at the Exhibition Centre of the Chamber of Commerce and Industry of Turkmenistan. The exhibition of the achievements of Turkmenistan’s construction sector has grown into a large-scale event attracting construction industry specialists from all over the world. This annual forum is growing in popularity with every passing year along with the interest of business circles, including not only the largest domestic manufacturers, but also major companies from Turkey, Germany, the Russian Federation, Austria, France, Switzerland, Iran, Kazakhstan and Uzbekistan, among others. Thousands of specialists had an opportunity to learn about Turkmenistan’s latest achievements in the sphere building materials and technologies.

12 August 2022

Strategic planning is the most important tool for the development of the country

At the extended sitting of the Cabinet of Ministers of Turkmenistan held recently, the results of the activities of the sectors of the national economic complex over the past six months of the year were summed up, the implementation of the Presidential and other programmes of the socioeconomic development of the country was discussed, and priority tasks for the second half of the year were identified. During the discussion of the planned measures, the head of state paid special attention to the use of innovative strategic planning tools aimed at the balanced management and coordination of the activities of ministries, departments and economic entities of all forms of ownership and organisational and legal basis. In accordance with the national strategy, the most important and priority tasks include the phased development of plans, programmes and projects, taking into account an integrated and systematic approach to ensuring the sustainable development of all sectors of the economy and regions. This is confirmed by the positive dynamics of macroeconomic indicators, including the stability of GDP growth rates, which increased by 6 per cent, the volume of manufactured products grew by 11.5 per cent compared to the same period in 2021, retail trade turnover increased more than by 10.4 per cent compared to the same period of the last year, and foreign trade turnover g

12 August 2022

Export-Oriented Economy: Current Trends and Prospects

The priorities of the economic strategy of any state are to enhance the export potential, to transform from an importer into an exporter of deeply processed products and to stably increase currency earnings. Turkmenistan is no exception. With the aim of fulfilling this task and ensuring state support in this sphere, the export promotion programme that is being implemented successfully has veen adopted. Macroeconomic theory states that foreign trade is the major component of GDP. It is the excess of exports over imports that ensures the inflow of foreign currency in the economy and is the main factor contributing to sustainable economic growth. High economic growth is based on such factors as industrialisation, a favourable investment climate for local and foreign investors, access to sea routes and active support for exporters. In accordance with the Socioeconomic Development Programme, Turkmenistan is taking consistent efforts to transform itself into an industrial and export-oriented developed state.

29 July 2022

International transport and transport corridors: Interconnection and development

A Conference on the Diversification of Logistics in the Eurasian Space Organised in Turkmenistan The Turkmen capital hosted a two-day international conference entitled “International Transport and Transit Corridors: Interconnection and Development”, devoted to the diversification of transport and transit cooperation in the Eurasian space.

22 July 2022

Towards sustainable transport

The relationships and development of international transport and transit corridors will be the topic of a conference to be held in Ashgabat on July 18-19. The event is being organised by the Transport and Communications Agency under the Cabinet of Ministers of Turkmenistan in partnership with the Turkmen Forum. Heads of national and international transport companies, senior management of logistics organisations and major international financial institutions have already announced their participation in the discussion of topical issues in the transport and logistics sector. In addition, representatives of such international organisations as the UN, OSCE and diplomatic missions accredited to Turkmenistan are expected to participate in meetings and panel discussions. Meetings of business partners will be held on the side-lines of the Conference. We asked representatives of large transport and logistics companies, members of the Turkmen Logistics Association, to comment on the forthcoming event and to share their expectations.

15 July 2022

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