Turkmenistan Is Interested in Expanding Cooperation with the London Stock Exchange
On February 26, Foreign Minister of Turkmenistan Rashid Meredov met in London with key figures in the British financial sector—LSE Chief Executive Officer Julia Hoggett and UK Treasury Economic Secretary Lucy Rigby. The talks confirmed London's status as a key financial hub through which Ashgabat intends to attract long-term investment for its large-scale infrastructure and energy megaprojects.
The Turkmen side emphasized that the UK's economic presence in the country already has a solid foundation: approximately 30 British-owned enterprises are currently successfully operating in Turkmenistan in sectors such as construction, industry, and trade. However, the potential for cooperation is far from exhausted. Particular attention was paid to expanding practical cooperation in sustainable finance (green bonds), bank auditing, insurance, and the introduction of advanced digital solutions in the financial sector.
The parties identified the Turkmenistan-British Trade and Industrial Council (TUKTIC), which activities have recently demonstrated significant dynamism, as the primary mechanism for coordinating these processes. Interest in British experience in capital management and listing on global exchanges opens a new chapter in economic relations between the two countries, making London a key partner for Turkmenistan in diversifying investment flows and modernizing the national financial system.
