Turkmenistan's export potential presented in Istanbul

17:15 03.07.2025 3056

https://www.oilgas.gov.tm/storage/posts/14418/original-1686626cd68e76.jpg

The exhibition of export goods of Turkmenistan opened in the Istanbul Exhibition Center. The event, which will last from July 2 to 5, has become a clear evidence of the development of bilateral cooperation, actively supported by the heads of state, Orient reports (Orient Link: https://orient.tm/ru/post/87213/turkmenistan-stambul-vystavka-eksport).

After the performance of the anthems of Turkmenistan and the Republic of Turkey, speeches were made emphasizing the enormous potential of Turkmen manufacturers. It was noted that the exhibition will become an effective platform for the exchange of high technologies, innovative developments and best practices.

The opening ceremony of the exhibition was attended by the Minister of Trade of Turkey Omer Bolat. In his speech, he emphasized the dynamic development of trade and economic relations between the two countries.

"Our main goal is to achieve the target trade volume of 5 billion dollars as soon as possible," Minister Bolat said. He noted that in the first six months of this year, the volume of trade turnover between Turkmenistan and Turkey increased by about 26.3%, reaching $2.2 billion. By the end of the year, this figure is expected to exceed $3 billion.

The Minister also emphasized the desire to maintain a balance in bilateral trade and increase the diversity of products to achieve the ambitious goal set by the presidents of the two countries.

Bolat also announced that the next Turkish Export Exhibition in Ashgabat is scheduled for February 13-15, 2026.

The Minister also touched upon cooperation in the energy sector, highlighting the "Memorandum of Understanding on the Development of Cooperation in the Field of Natural Gas" and the "Declaration of Intent" signed on March 1, 2024. He emphasized that the transportation of Turkmen gas to the European market via Turkey has not only an economic but also a strategic dimension for cooperation between the countries.

The exhibition presents a wide range of high-quality products offered for export. Among them are industrial and agricultural equipment and spare parts, construction materials, household and electronic appliances, household goods, textile products.

The exhibition demonstrates the special importance that Ashgabat attaches to strengthening business cooperation with Turkey. It reflects the work on modernization and diversification of all sectors of the Turkmen national economy, as well as the successful implementation of state programs and innovative projects.

On the first day of the exhibition, numerous bilateral meetings were held, confirming that the development of trade and economic relations is one of the main priorities of Turkmenistan in cooperation with the Republic of Turkey.

Other articles
163070ce276e13.jpeg
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.


1630859aadff9f.jpeg
Gas price in Europe exceeded $3,300 per 1,000 cubic meters

The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.


163086bb70e28b.jpeg
The price of Brent rose above $100 per barrel again

Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.


1630c5645f20d7.jpeg
The President of Turkmenistan dismissed the Deputy Chairman of the State Concern «Turkmennebit»

By the Decree of the President of Turkmenistan, Mammedov Toygeldi Bayrammyradovich was dismissed from the post of Deputy Chairman of the State Concern «Turkmennebit» as he failed to cope with the duties assigned to him.


1630608dd4382e.jpeg
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.