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

The Japanese government will provide additional economic support to Central Asia, The Japan Times reports. Prime Minister Fumio Kishida is expected to formally announce the aid package at the Japan-Central Asia summit. The event, attended by leaders of Central Asian countries, is scheduled to take place in Kazakhstan

During his visit to China, Deputy Chairman of the Cabinet of Ministers of Turkmenistan Tangryguly Atakhalliyev met with head of the Party Committee of the Xinjiang Uygur Autonomous Region Ma Xingrui and Chairman of the People's Government of this autonomous region of China Erkin Tuniyaz in Urumqi on August 2

"Transport and Logistics Center of Turkmenistan" JSC (TLCT) organizes container transportation from the People's Republic of China to Turkmenistan and back on a regular basis. Being the national operator of Turkmenistan for the organization of container trains, the company is also the operator of the container terminal of the Turkmenbashi International Seaport.

Turkmen ambassador to Belgium, who also represents the country's interests in the Netherlands, Sapar Palvanov, met with Mohammad Reza Mashadi, managing director of the authoritative international organization East-West Trade, which assists Dutch companies in developing trade and international business in the agricultural sector.

Since the beginning of 2024, the China-Kyrgyzstan-Uzbekistan transport corridor has demonstrated impressive results, recording 100 freight train departures, which is 103.94% more than last year.

A Turkmen delegation led by head of the railway agency Azat Atamuradov held talks in the Afghanistan on projects to build a dry port and a railway

"Transport and Logistics Center of Turkmenistan" (TLCT) JSC actively conducts work on the transportation of regular container freight trains and carries out work to reduce the time of train trips.

Turkish Energy and Natural Resources Minister Alparslan Bayraktar held talks in Ashgabat with Turkmenistan's Energy Minister Annageldy Saparov and Chairman of the Turkmengeology State Corporation Gurbangeldy Garlyev. Information about this message on Minister Bayraktar's social networks was published by the Turkish news channel TRT Haber

The next round of negotiations between the heads of the oil and gas industry of Turkmenistan and high-ranking delegations of the Abu Dhabi National Oil Company (ADNOC) and South Korean Hyundai Engineering Co. Ltd was held on Monday, July 29