The Turkmen shipyard "Balkan" expects a number of innovations for further certification for compliance with ISO standards, which will become another serious competitive advantage of the enterprise in the foreign market. Proposals on this issue were voiced by Korean partners, according to the website of the Balkan Shipbuilding and Ship Repair Plant.

Turkmenistan and Russia have a huge potential for the growth of mutual trade turnover. This was stated by Vladimir Resin, a member of the State Duma Committee on Construction and Housing and Communal Services, deputy of the United Russia faction, during a meeting with Esen Aydogdiyev, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Russia, the parliamentary television of the State Duma of the Federal Assembly of Russia reports.

International rating agency Fitch Ratings has affirmed Turkmenistan's Long-term foreign currency Issuer Default Rating (IDR) at 'B+' with a 'Positive' outlook.

Representatives of the Embassy of Uzbekistan in Turkmenistan visited the Lebap region to conduct negotiations on increasing the volume of exports of Uzbek products, attracting investments and developing cross-border trade and economic cooperation.

The Afghan Ministry of Industry and Trade said that last year Afghanistan imported about $1.4 billion worth of goods from Central Asian countries and exported $100 million to the region.

The European Bank for Reconstruction and Development is implementing 22 projects in Turkmenistan. The country has been a member of the EBRD since 1 June 1992, and since then the bank has implemented 87 different projects in Turkmenistan. This was announced by Deputy Chairman and Minister of Foreign Affairs of Turkmenistan Rashid Meredov during a government meeting, TDH reported.

During 2024, 49 large industrial and social buildings and structures are scheduled to be commissioned in Turkmenistan. Deputy Prime Minister Baymyrat Annamammedov reported on these plans at a Cabinet meeting.

In order to develop the country's transit potential and increase trade turnover with neighboring countries, a full-scale modernization of checkpoints on the border of Kazakhstan with the People's Republic of China, the Republic of Uzbekistan and Turkmenistan has begun, the press service of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan reported.

Russia plans to participate in the development of two promising transport corridors that are associated with the North-South ITC. Director General of the Association “Business Center for Economic Development of the CIS” Vadim Ganin spoke about this at the Second Meeting of the CIS Transport Business Dialogue.

The customs authorities of the participating countries of the international cooperation program between the European Union and partner countries for the organization of the Europe- Caucasus -Asia transport corridor (TRACECA) are preparing a framework agreement on the creation of a single transit portal for electronic services.