TIF 2024: New Horizons of Cooperation
On September 19-20, 2024, Ashgabat will host the grand Turkmenistan Investment Forum 2024 (TIF 2024).
News
Kazakhstan and Turkmenistan discussed the development of the eastern direction of the North-South corridor
Director General of the Agency for Transport and Communications under the Cabinet of Ministers of Turkmenistan Mammetkhan Chakiyev and Deputy Prime Minister of the Republic of Kazakhstan Serik Zhumangarin held a bilateral meeting to discuss the prospects for cooperation in the transport sector
Afghanistan builds New Kabul: foreign investors show interest in project
Investors from Turkey, Qatar, UAE and Iran have shown interest in this major urban project
Ashgabat and Kabul discussed readiness to work on the TAPI project in Afghanistan
Foreign Minister of Turkmenistan Rashid Meredov, during an online meeting with Deputy Prime Minister for Economic Affairs Abdul Ghani Baradar, said that Turkmenistan is ready to begin work on the TAPI project in Afghanistan in order to develop political and economic relations
Cooperation documents were signed at the Central Asia + Japan business forum
The result of the business forum within the framework of the “Central Asia + Japan” Dialogue was the signing of documents on the implementation of joint projects, including between the Turkmen and Japanese sides
JICA Strengthens Cooperation with Turkmenistan
The Japan International Cooperation Agency (JICA) continues to actively support the development of Turkmenistan through a series of initiatives and programs aimed at strengthening infrastructure, improving statistical methods, studying transportation potential, and enhancing seismic safety.
New Trade Representative of the Russian Federation in Turkmenistan was Appointed
Russian Prime Minister Mikhail Mishustin has appointed Andrei Khripunov as the new Trade Representative of Russia in Turkmenistan
New Faces Appear on Japanese Banknotes
Amid the global trend toward cashless payments, Japan, which remains true to its tradition of using cash, has issued three new banknotes for the first time in 20 years.
China discovered a new gas field in the South China Sea
China National Offshore Oil Corporation (CNOOC) has discovered a natural gas field with reserves of more than 100 billion cubic meters in the South China Sea. This was reported by the South China Morning Post newspaper, TASS reports.
Ways to expand energy trade among Central Asian states were discussed in Astana
The first meeting of energy ministers of Central Asian states was held in Astana. The meeting noted the importance of expanding opportunities for energy trade and implementing joint projects in the gas industry, developing low-carbon areas, achieving carbon neutrality and a gradual energy transition
A draft agreement on water and energy cooperation in Central Asia is being developed
The Ministry of Water Resources and Irrigation of the Republic of Kazakhstan is developing a draft agreement "On the establishment of a mechanism for water and energy cooperation between the countries of Central Asia." This is stated in the press release of the department following the results of the first half of the year in the field of water diplomacy
The Maritime Merchant Fleet of Turkmenistan increases cargo transportation volumes
In January-July 2024, the Closed Joint-Stock Company "Maritime Merchant Fleet" of Turkmenistan carried out transportation of 1,400,000 tons of cargo, 3,345 containers, 10,546 cars on its vessels, increasing the figures compared to the same period of the last year, the department's website reports. In particular, 100 thousand tons more cargo was transported
Turkmen specialists study best customs tools and practices
Turkmen specialists attended a regional workshop on passenger and cargo profiling at the border, which was conducted by WCO experts in Cholpon-Ata, Kyrgyzstan, and were introduced to best customs practices of Uzbekistan
E-commerce enables Turkmen businesses to enter new markets abroad
E-commerce enables small businesses in Turkmenistan to enter new international markets. Digital transformation is considered a priority in a number of national documents, including the State Program for the Development of the Digital Economy in Turkmenistan for 2021-2025. To achieve this goal, the International Trade Center (ITC) held technical workshops on new legal and policy instruments in Ashgabat
Fitch Upgrades Turkmenistan to BB-
Fitch Ratings, London, has upgraded Turkmenistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB-' from 'B+'. The Outlook is Stable. The key factors that contributed to the upgrade were a strengthened sovereign balance sheet and exceptionally large external reserves. Turkmenistan’s already exceptionally strong sovereign balance sheet has further improved, and Fitch has greater confidence that this will be sustained
