Turkmenistan ranks seventh in the Global petrol prices ranking with the lowest gasoline price in Central Asia. The retail fuel prices around the world are an object of increased attention from the population, since they have a significant impact on the cost of other goods, including socially significant food products and services. The rise in gasoline prices threatens to increase the price of other goods, triggering inflationary processes along the entire chain of production, transportation,...

Today, on the 8th of July, a meeting was held in the Turkmen capital with the delegation of the Russian Federation headed by the Chairman of the Committee for External Relations of Saint Petersburg Ye.Grigoryev, who arrived to Turkmenistan on a working visit.   The Turkmen side at the meeting was represented by the Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan Rashid Meredov and the Deputy Chairman of the Cabinet of Ministers, Chairman of the Supreme...

Balkan Shipbuilding and Repair Yard Open Joint-Stock Company is building up momentum and expanding cooperation with local and foreign companies. Since its inception (in May of 2019) with the share capital of the Türkmendeňizderýaýollary Agency, the company’s specialists have restored (performing various types of repair work) more than 40 vessels, 10 of which are foreign. A towing and crane vessel named Ceren-E belonging to At-Abraý Business Company and a tugboat named Marzhan (GAC Marine S.A....

On July 6, 2021, the Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the Federal Republic of Germany Berdimurad Redjepov presented his credentials to the President of the Republic of Poland Andrzej Duda at the Belvedere Palace in Warsaw as Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the Republic of Poland (with the residence in Berlin).  During the ceremony, the Ambassador of Turkmenistan conveyed warm greetings and best wishes to the President of the Repub...

17 transactions have been registered last week at the trades of the State Commodity and Raw Material Exchange of Turkmenistan. For foreign currency, entrepreneurs from Turkey and Afghanistan have bought gasoline produced at Turkmenbashy Refinery Complex. Business from Great Britain have procured polypropylene (Turkmenbashy Refinery Complex) while brokers from Hon Kong and Singapore – polyethylene and technical Sulphur. In addition, dyed and Jacquard terry products and cotton yarn have been...

On July 7, 2021, a country presentation «Investment and business opportunities cooperation with Turkmenistan» was held for Italian companies in the video conference format. At the presentation, the Turkmen delegation was headed by Deputy Minister of Foreign Affairs of Turkmenistan Vepa Hajiyev, and the Italian delegation was headed by Undersecretary of State for Foreign Affairs Manlio Di Stefano. The meeting was also attended by the Minister of Economy and Finance, the Ambassador of Turkme...

Strengthening cooperation in the energy sector by expanding opportunities for energy trade and stimulating the development of modern energy infrastructure is one of the important trends in regional cooperation in Central Asia. According to authoritative international experts, the region has an ideal set of complementary regional energy sources and generation structures that will help realize the benefits of regional energy cooperation to achieve sustainable economic growth. Turkmenistan, Kaza...