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Turkmenistan

16.02.2016

The Russian Federation has addressed Turkmenistan suggesting new legal options of solving the problem related to almost 9,600 Turkmen dual nationals (persons with dual nationality), who have received Russian citizenship as a second one after Turkmenistan adopted laws on non-recognition of dual citizenship. As a result, these persons lost the right to have Turkmen passports. According to deputies of the Russian Federation Council, it is necessary to make appropriate changes to the related regulatory legal acts of Turkmenistan.

 

15.02.2016

The holding BIPEK Auto – Asia Auto (Kazakhstan) has started deliveries of locally-assembled LADA cars to Turkmenistan. This was envisaged by the agreement on joint activities in the Central Asian markets signed by BIPEK AUTO – ASIA AUTO and AVTOVAZ in October 2015. Under the agreement, the Kazakh side received the right to conduct retail sales, distribution and after-sales service of LADA cars in countries such as Uzbekistan, Kyrgyzstan, Mongolia, Turkmenistan and Tajikistan.

 

15.02.2016

The Russian concern Gazprom does not intend to resume the purchases of natural gas from Turkmenistan, as reported by its chairman of the board of directors Viktor Zubkov. He stressed that implementation of the new project “North Stream-2” (which provides for transit of natural gas to Europe under the Baltic Sea) advances in accordance with the preliminary schedule.

 

14.02.2016

A special freight test train made its first run on the international railway line linking four states: China, Kazakhstan, Turkmenistan and Iran. Its function is to test the capabilities of the transport and logistics infrastructure of the countries mentioned above, and it is focused on testing some aspects with a view to organization of regular rail transport by rail on the route. In addition, the test train contributes to regulating the logistics in all countries that participate in the transit transport project.

 

12.02.2016

Ashgabat hosted the negations between representatives of the Ministry of Foreign Affairs and US Deputy Assistant Secretary of State for Central and South Asia William Todd, who had arrived to the republic on a working visit. The press service of the Turkmen Foreign Ministry reported the news, adding that the participants of the event expressed their interest in development of bilateral relations between the United States and Turkmenistan. They also confirmed their intention to further strengthen the Turkmen-US cooperation in all spheres.

 

11.02.2016

Turkmenistan intends to keep construction of the main gas pipeline TAPI (Turkmenistan – Afghanistan – Pakistan – India) under constant review. President Gurbanguly Berdimuhamedov gave this order during a related discussion at the recent government meeting. The press service of the Cabinet reported the news, adding that the President also demands that all available reserves should be used to increase the volume of production and processing of natural gas.

08.02.2016

Turkmenistan intends to implement a project for modernization of the Turkmenbashi port situated on the coast of the Caspian Sea, in order to revive trade and speed up the economic growth. So reads the press release circulated by the Institute for Economic Development and Strategic Planning on February 6. According to the published data, after the completion of this project, the turnover of the port will double, and its annual capacity will exceed 17 million tons. Investments into the project will amount to about $1.5 billion.

 

08.02.2016

On February 5, Frankfurt hosted the Day of Turkmen Economy in Germany. A delegation consisting of representatives of a number of leading Turkmen ministries and departments attended the event. On the German side, the forum was participated by members of the government and heads of public organizations orientated towards business development, as well as leading experts from more than 90 companies specializing in various sectors of the economy.

 

28.01.2016

On January 27-28, Foreign Minister of the Russian Federation Sergei Lavrov will pay an official visit to Turkmenistan to hold a series of meetings with the Turkmen officials. According to political observers, the aim of this visit is to clarify the situation in the country, in particular the extent to which Turkmenistan is ready to respond to the deteriorating political and economic situation in the region. In addition, today the country has to confront the serious Afghan threat to its security. And as noted by many experts, this year, the threat will grow even stronger.

28.01.2016

On January 25, during a government meeting, President of Turkmenistan Gurbanguly Berdimuhamedov instructed the competent authorities to keep the issues related to implementation of the republic's monetary policy under strict control. According to the press service of the Cabinet of Ministers, the meeting heard reports on activities of the financial and economic system and improvement of the macroeconomic indicators of the Turkmen economy.