Progress through partnership will define the basis of the Avaza Action Framework
06:04 02.08.2025 4330
In a few days, Turkmenistan will host the Third UN Conference on Landlocked Developing Countries (LLDCs). As TDH notes, this is an event of global significance associated with changes in the lives of over 570 million people living in 32 countries located on different continents.
The solution to their special problems associated with overcoming geographical isolation, expanding access to investment, world trade markets and integration into the world economy is closely linked to the achievement of the Sustainable Development Goals common to all mankind. The UN Conferences on LLDCs, held once a decade, are important platforms for analyzing the progress achieved in the development of these countries and defining an action program for the next decade.
At the 63rd plenary meeting of the 79th session of the UN General Assembly in New York on April 11, 2025, the Resolution "Additional information on the modalities of the Third UN Conference on Landlocked Developing Countries" was unanimously adopted, providing for its holding in August of this year in the Avaza National Tourist Zone. For our country, which is celebrating the 30th anniversary of its legal status of permanent neutrality recognized by the UN three times this year, the initiative to host this large-scale Forum means the consistent implementation of the constructive policy carried out under the leadership of President Serdar Berdimuhamedov and the National Leader of the Turkmen people Gurbanguly Berdimuhamedov, aimed at supporting international cooperation for sustainable development. The upcoming UN Conference will be aimed at strengthening partnerships, exchanging experiences, finding innovative solutions, mobilizing resources for infrastructure development and adaptation to climate change. Cooperation involves constructive interaction not only between LLDCs, transit countries and international structures, but also with various social forces.
As noted on the UN website, the Conference will actively interact with various groups, each of which presents its own points of view and innovative solutions designed to help unlock the potential of LLDCs.
As emphasized in the UN information, LLDCs are a growing market that unites 570 million people, and by 2060 their number is projected to exceed 1 billion, and is currently estimated at 836 billion US dollars.
Within the framework of the Conference, a Parliamentary Forum will be held with the participation of leaders and speakers of the LLDC parliaments. Based on its results, it is envisaged to adopt a document to promote sustainable development in landlocked developing countries in the coming decade.
Within the framework of the Conference, it is planned to hold many events of political, diplomatic, trade, economic, cultural and humanitarian orientation. These include events dedicated to land transport and communications, the International Year of Peace and Trust, youth policy, sustainable energy, circular economy; thematic exhibitions; national days of the Central Asian states, as well as a gala concert of cultural figures and artists.
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.
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.
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.
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.
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.