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Turkmenistan

22.03.2016

Turkmenistan is putting to an order the system of imports and sales (wholesale and retail) of tobacco products. In accordance with the decree signed by President Gurbanguly Berdimuhamedov, the Ministry of Foreign Economic Relations and Trade has received the exclusive right to import tobacco products and set minimum retail prices for them in the prescribed manner. As reported by local media on March 19, persons arriving in Turkmenistan can bring two packs of cigarettes for their own use.

 

20.03.2016

In Turkmenistan, the national tourist zone “Avaza,” which is located on the coast of the Caspian Sea, hosted the 10-day training attended by experts of relevant ministries and agencies of all five Caspian littoral states (Russia, Kazakhstan, Turkmenistan, Azerbaijan and Iran). As reported by the state news service on March 17, the event was dedicated to efficient management and sustainable development in terms of issues related to the Caspian Sea.

15.03.2016

Ashgabat hosted a number of meetings of EU Special Representative for Central Asia Peter Buriyan with deputies of the Turkmen Parliament, heads of several ministries and agencies to discuss the prospects of further development of cooperation and partnership between Turkmenistan and the EU. As reported by the Turkmen government on March 10, the relations between the parties are built on mutual benefit and equality, trust and respect for each other's interests.

08.03.2016

President of Turkmenistan Gurbanguly Berdimuhamedov has criticized the performance of the State Commodity and Raw Materials Exchange at the government meeting on March 8th. According to local media, the head of the country “demanded the adoption of measures aimed at correcting the shortcomings.” In January-February 2016, the state exchange conducted a total of 40 biddings, which resulted in 2,172 registered contract worth more than TMT4.2 billion.

 

08.03.2016

On March 7, Ashgabat hosted negotiations participated by President of Turkmenistan Gurbanguly Berdimuhamedov and Emir of Qatar Sheikh Tamim Bin Hamad Al-Thani, who arrived in the country on an official visit. According to local media, during the meeting the Turkmen president pointed out the friendly nature of the current Turkmen-Qatari relations, noting that there is capacity for further expansion of the mutually beneficial cooperation in the trade and economic sphere, as well as in the sphere of strengthening of humanitarian contacts.

07.03.2016

A series of inspections conducted by the Supreme Chamber of Control and the prosecutors of Turkmenistan at oil and gas enterprises has revealed cases of corruption and falsification of figures. It was discovered that these cases involved former deputy prime minister Baymurad Hojamuhammedov. President Gurbanguly Berdimuhamedov made this statement during the recent meeting of the Turkmen government, as reported by the State News Agency of Turkmenistan.

 

07.03.2016

Turkmenistan is preparing for the upcoming sowing of cotton in the second half of March. It will be carried out with a small difference in time in the northern and southern regions of the country. According to the local media, cotton growing is a strategically important sector of the national agriculture and a weighty article in the country's exports, while also being the raw material for dozens modern textile enterprises of Turkmenistan.

 

06.03.2016

Supplies of Turkmen textiles and cotton to Russia may be organized in the near future, as announced during a meeting of representatives of the two countries held with participation of the Chamber of Commerce of the Russian Federation. According to the website of this structure, the Russian side was represented by Deputy President of the Chamber Alexander Rybakov, while Ambassador of Turkmenistan in Russia Berdymurad Redzhepov spoke for the Turkmen side. In addition, Turkmenistan was represented by members of the Government and the Ministry of the Textile Industry.

05.03.2016

Construction of a plant for production of gasoline from natural gas has begun in Akhal province of Turkmenistan, near the settlement of Ovan-Depe. According to the local media, implementation of this project takes place on the basis of the contract signed in 2015 by the Turkmengaz state corporation, Kawasaki Heavy Industries, Ltd. (a consortium of Japanese companies) and Rönesans Endüstri Tesisleri Inşaat Sanaýi ve Tiçaret Anonim Şirketi (Turkish company). The total cost of construction will be about 1.7 billion dollars.

02.03.2016

In Turkmenistan, the ongoing modernization of the Turkmenbashi complex of oil refineries will make it possible to increase the annual oil refining volume to the level of 10-10.5 million tons. With that, the refinery yield will reach 95 percent, as stated in the announcement of the Ministry of Oil and Gas of the Republic published on February 25. At the moment, the enterprise is witnessing reconstruction of the existing facilities and construction of new technological capacities.