According to the Ministry of Trade and Foreign Economic Relations of Turkmenistan, Austria took 28th place in the country’s foreign trade turnover for 2023. During this period, trade between the two countries amounted to US$37.74 million, down 59.5% from the previous year. In this regard, there is reason to discuss ways to increase trade cooperation between both countries. The vision of these paths was voiced by Chairman of the Chamber of Commerce and Industry of Turkmenistan Mergen Gurdov during a round table at the Federal Economic Chamber of Austria.

Transport and communications - this area was named among the current areas of partnership at a round table held in Vienna on March 12 with the participation of the delegation of Turkmenistan and representatives of Austrian business circles.

Today we see Austrian companies as reliable and promising partners. They are distinguished by high professionalism, responsibility, understanding of the mutual benefits and value of cooperation with Turkmenistan, Deputy Prime Minister and Foreign Minister Rashid Meredov said at a joint business event at the Austrian Federal Economic Chamber on Tuesday, March 12.

In 2023, the transit of goods through the territory of Turkmenistan increased by 17%. This is reported on the website of the customs department of Turkmenistan.

Turkmenistan will present its stands at the exhibition of economic achievements within the framework of the international forum “Russia – the Islamic World: KazanForum”, which will be held in the capital of Tatarstan on May 14-19, 2024.

Minister of Energy Ziad Ali Fadel spoke about the ministry’s plans to increase energy production, including those related to the import of energy resources from Turkmenistan and Qatar.

At the auctions of the State Commodity Exchange of Turkmenistan over the past week, representatives of the business circles of Turkey, the United Arab Emirates, Great Britain, Afghanistan, Uzbekistan and other countries purchased polypropylene, jet fuel, gasoline of various brands, lighting kerosene produced by the enterprises of the state concern Turkmennebit and carbamide from the plants of Turkmenhimiya for foreign currency.

Representatives of the Japan International Cooperation Agency (JICA) paid a visit to the State Customs Service of Turkmenistan on March 7. The Japanese delegation at the meeting was headed by Kenji Ogasahara, Director of the JICA Department for East and Central Asia and the Caucasus.

From March 5-7, Ashgabat hosted a national seminar on various transit systems, their requirements and applications, which was organized by the European Union's Program for Border Management Assistance in Central Asia - Phase 10 (BOMCA 10) in cooperation with the United States Agency for International Development (USAID). The seminar was attended by 10 employees of the customs service.

The State Association of the Food Industry of Turkmenistan announced the holding of a tender for the supply of 70,045 kg of sugar beet seeds that meet international standards.