On May 3-4, a total of 22 transactions worth $70 million were operated at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.

A business delegation consisting of members of the Union of Industrialists and Entrepreneurs of Turkmenistan held a number of meetings with representatives of private circles of Romania, the Turkmen diplomatic mission in Bucharest reports. The main purpose of the meetings is to activate the Turkmen—Romanian economic cooperation.

The program for the development of transport diplomacy of Turkmenistan for 2022-2025 provides for the preparation of the Road Transport Code, the introduction of such digital solutions for multimodal transportation as the Global Transit Document into the industry, the modernization and expansion of transport infrastructure that requires adequate financial resources.

The ministerial meeting of OPEC+ countries scheduled for June 4 will be held in a face-to-face format, TASS reports.

The Korean Marine Equipment Association (KOMEA) is ready to become a technological partner of Turkmenistan for the development of the international transport corridor "North —South". Information about this was announced by a representative of the association at the conference "International Transport and Transit Corridors: interconnection and development — 2023".

Turkmenistan today pays great attention to the modernization of railway transport, as evidenced by the large-scale infrastructure projects implemented in the country in recent years. Geopolitical changes in the world bring their own adjustments and changes to the world transport system and Turkmenistan is actively involved in "building" new global corridors and routes connecting different continents, Azat Atamuradov, Chairman of the “Türkmendemiryollary” Agency said, speaking at the ITTC-2023 conference in Ashgabat.

About three dozen different documents for the development of cooperation between transport agencies of Turkmenistan and foreign companies were signed on the sidelines of the conference "International Transport and Transit Corridors: interconnection and development - 2023".

To date, there are about 270 online trading platforms in Turkmenistan, which demonstrates the growing role of online commerce in the country. Concrete effective steps are being taken for its development at the state level, Chairman of the agency "Turkmenaragatnashyk" Hajimurat Hudaigulyev said, speaking at the international transport conference ITTC-2023.

Indian-American entrepreneur Ajay Banga has become the new 14th president of the World Bank, the press service of the organization reports.

Kazakhstan has restricted the passage of vehicles on the border with Turkmenistan at the Temir-Baba checkpoint in connection with the start of work on the modernization of border crossings, which by the end of 2024 will increase the capacity by 8-12 times.