Trade and investment prospects are being discussed at the Turkmenistan-EU Business Forum in Ashgabat
21:28 27.03.2026 2388
The business forum "New Horizons for Strengthening Connectivity, Attracting Investment, and Sustainable Development" opened at the Yildiz Hotel in Ashgabat on March 26, bringing together representatives of government agencies, businesses, and international organizations from both sides.
The event was organized with the support of the International Trade Center (ITC) as part of the EU's Global Gateway initiative.
The forum program includes three thematic panel sessions. The first session examines improving the business climate for developing trade and investment between the EU and Turkmenistan. This includes discussions on the country's WTO accession negotiations, access for Turkmen small and medium-sized businesses to European markets, and the role of the Global Gateway initiative in developing bilateral economic ties. The discussion is attended by the ambassadors of Germany and France, representatives of the European Investment Bank, the OECD, and Turkmen business communities.
The second session will focus on transport connectivity, focusing on Turkmenistan's role in developing the Trans-Caspian Transport Corridor, digitalizing customs procedures, and improving logistics infrastructure. Representatives from the European Bank for Reconstruction and Development (EBRD), the European Commission, GIZ, and the Turkmen Logistics Association will participate in the discussion.
The third session will focus on the green transition, discussing opportunities for cooperation in renewable energy, methane emission reduction, and mechanisms for attracting international financing, including EBRD, EIB, and public-private partnership instruments.
The forum will also include an exchange of signed documents: the parties will formalize a protocol amending the memorandum of understanding between the Ministry of Energy of Turkmenistan, the State Concern Turkmengas, and GIZ, providing for additional funding of €2 million and a one-year extension of the "EU for Green Development of Turkmenistan: Political Dialogue and Climate Action" project.
In parallel, business meetings are being held at the forum venue, as well as an exhibition of Turkmen companies and projects implemented with EU support by the ITC, GIZ, and Expertise France.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
