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Currently, Turkmenistan has every opportunity to preserve all the existing benefits for the population. President Gurbanguly Berdimuhamedov made such a statement at the meeting with representatives of the Union of Industrialists and Entrepreneurs on June 8. In his speech, which was published by local media on June 9, the head of state emphasized the difficult situation in the global economy, as well as the present significant drop in energy prices.



The private business of Turkmenistan will receive state construction contracts totaling several billion dollars, and a number of other benefits to enhance their ability to export. President Gurbanguly Berdimuhamedov announced this information during the meeting with the members of the Union of Industrialists and Entrepreneurs in Ashgabat on June 9.


A number of global retail brands, such as Adidas, H&M and Esprit, together with global businesses, investors, trade unions and human rights organizations, have appealed to the President of Turkmenistan with a letter, expressing their concern about the reports of the use of forced labor in the cotton industry of the country. In this letter, the head of Turkmenistan Gurbanguly Berdimuhamedov is urged to pay attention to this problem, which, according to the signatories, is a very serious one.



At present, one of Turkmenistan's main priorities is development of energy exports to the European Union as part of the republic's international strategy. This is stated in the text of the government announcement published on June 3. According to it, “we work with our European partners in a constructive and businesslike manner, and we will continue doing so. The project for construction of the major pipeline in the direction of Western Europe seems a promising one; its discussion is currently reaching an active phase.”



The Russian concern “Gazprom” allows for the possibility of pre-trial settlement of the dispute with the Turkmen state company “Turkmengaz” and confirms its readiness to conduct appropriate negotiations. Deputy Chairman of “Gazprom” Alexander Medvedev announced the news to the media. Worth recalling, in early June 2015, “Gazprom Export” (a subsidiary of “Gazprom”) initiated an arbitration against the company “Turkmengaz” in the arbitration court of Stockholm.


On May 29, Turkmenistan celebrated a traditional holiday – the Day of Turkmen Carpet, which dates back to 1992. On this day, towns and cities in all regions host concerts, mass celebrations, festive exhibition of carpets and rugs. People honor the most skilled carpet weavers and award them with state awards and valuable gifts on behalf of the president of Turkmenistan. The main events of this festival were the Ashgabat-based International Exhibition of Turkmen Carpets, and the Sixteenth Conference of the World Association of Connoisseurs of Turkmen Carpets.



Turkmenistan opens up a promising direction of mutually beneficial business development to foreign investors, suggesting establishment of joint service companies specializing in servicing and repairing equipment related to the gas industry. According to the recent announcement by the Ministry of Oil and Gas of the country, the relevance of creating such joint ventures for repair and maintenance is associated with Turkmenistan's long-term plans in respect of development of gas processing and the gas industries.



As of May 19, 2016, the total volume of natural gas supplies from Turkmenistan to China through the pipeline “Turkmenistan-Uzbekistan-Kazakhstan-China” has amounted to $138.6 billion since the beginning of its operation. This and other figures were presented as part of the report delivered by a representative of the CNPC (China National Petroleum Corporation) during the 7th International Turkmenistan Gas Congress, which took place in “Avaza” on May 20-21.


Until May 29, 2016, Turkmenistan will be temporarily denying entry into its territory for foreign citizens coming under the simplified procedure, which is connected with the head of state's visit to the border areas of the republic. In addition, security measures on the border were also stepped up. Worth recalling, the citizens of some countries neighboring on Turkmenistan (e.g. Kazakhstan) who resided in the border areas (e.g.


Turkmenistan is negotiating with Azerbaijan on various options of supplying Turkmen natural gas to Europe via the pipeline system “Southern Gas Corridor.” According to Azerbaijan's Energy Minister Natig Aliyev, Turkmenistan has the opportunity to export to the west up to 30 billion cubic meters of natural gas annually. “Turkmenistan and Azerbaijan are currently negotiating on transportation of Turkmen gas to Europe through the 'Southern Gas Corridor',” he stressed.