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On Monday, April 27 at 23.03 Universal Time from the spaceport the first artificial satellite of Turkmenistan - a communications satellite «TürkmenÄlem 52 ° E» was launched from Cape Canaveral (Florida, USA). This spacecraft was built by the French company «Thales Alenia Space» by the order of the republic, and the launch itself was made by the American company «SpaceX».


The Turkmen capital Ashgabat hosted the bilateral Turkmen-Italian business forum, the aim of which was to further intensify and expand economic and trade cooperation between the two countries. The event was organized by the Chamber of Commerce of the Republic, and it was attended by the Italian delegation headed by Minister of Agriculture of the country Maurizio Martin. The delegation also included the heads and representatives of Federunacoma (Italian Federation of Agricultural Machinery), ICE (Italian Foreign Trade Agency), the Association of Assofoodtec.



Over 23 years that have passed since the moment of independence of Turkmenistan, more than 300 local promising in terms of oil and gas presence structures have been identified in the country. In general, about 160 hydrocarbon fields have been discovered including a super-giant field "Galkinish" in the eastern part of the country, which has reserves of at least 26.2 trillion cubic meters of natural gas. This information was confirmed by experts of the auditing international company «Gaffney, Cline & Associates».



A consortium of several South Korean companies headed by LG International Co. and Hyundai Engineering Co. following the meeting of the presidents of Turkmenistan Gurbanguly Berdimuhamedov and the Republic of Korea Pak Kyn Hecht has signed a formal contract for the construction and modernization of a number of objects on the territory of Turkmenistan. This was reported in the press service of South Korea, which noted that the total value of the contracts was 4.8 billion dollars.


The Turkmen capital Ashgabat hosted negotiations between the President of the Republic Gurbanguly Berdimuhamedov and the President of Moldova Nicolae Timofti, who arrived here on an official visit. After the welcoming ceremony the heads of the two states held talks in the format of "one on one", which then passed in expanding format of the delegations. During these talks, the presidents discussed a wide range of issues related to the sphere of partnership between Turkmenistan and the Republic of Moldova, the implementation of previously reached bilateral agreements.


The President of Turkmenistan Gurbanguly Berdimuhamedov instructed the Government to develop a state program of import substitution. He also instructed it to cut budget spending and increase exports, as it was reported on Saturday, April 4 by local media. This happened during the expanded session of the government of the country, dedicated to the results of the first quarter of this year, when the President mentioned in his speech two negative factors constraining the growth of the national economy.


Turkmenistan appealed to the US with a request for military and technical assistance in connection with the rise of instability on the border with neighboring Afghanistan. As the head of US Central Command, Gen. Lloyd Austin said, Washington should give a positive response to a request from Ashgabat. In his annual speech to Congress dedicated to military cooperation with Central Asian states, he noted that the decision had to be approved by the supreme legislative body of the country.



In December of this year a service center for Belarusian machinery will be opened in the Turkmen capital Ashgabat. This information was reported by the chairman of the Council of Belarus (the upper house of the National Assembly) Mikhail Myasnikovich during his meeting with the President of Turkmenistan Gurbanguly Berdimuhamedov held on Thursday, March 26th. In this regard, it is worth recalling that the construction of this service center for Belarusian machinery has entered its final stage and it is scheduled for completion in the third quarter of this year.


In the coming months, the Deputy President of the European Commission for Energy Maroš Šefčovič is planning to start talks with Turkmenistan on the construction of the Trans-Caspian pipeline for delivery of natural gas in the Southern Gas Corridor. This was reported to media by the Head of the EU Delegation in Turkmenistan Daniilidis Denis, who recalled the functions of M.Shafchovich include efforts to create an energy alliance.


Last week Turkmen capital Ashgabat hosted the Turkmen-Korean business forum, which was jointly organized by the Chamber of Commerce of the Republic and the Korean Association of International Trade. During the event, a meeting of representatives of several ministries and departments of Turkmenistan, Union of Industrialists and Entrepreneurs of the country with a delegation from South Korea took place.