

Economists predict a second "Chinese shock"
China may double exports of its own equipment, which may cause a new "Chinese shock" on the world market. This is reported by the American newspaper The Wall Street Journal.


China may double exports of its own equipment, which may cause a new "Chinese shock" on the world market. This is reported by the American newspaper The Wall Street Journal.


Turkmenistan is active in its initiatives on the systematic use of water resources, taking into account the interests of all States in the region and the comprehensive solution of water and economic problems based on the principles of equality and mutual consent. "Our country stands for water cooperation with neighboring countries to be carried out in accordance with international law, in the spirit of traditional good-neighborliness and brotherhood," Kerim Saparov, Head of the Department of Agrarian Reforms of the Ministry of Agriculture of Turkmenistan, said at the Turkmen-Afghan Economic Forum in Ashgabat.


The Turkmen Railway Company plans to build a loading and unloading area with an indoor warehouse complex in the dry port of Turgundi at the expense of its own investments, and work is already underway on this project. Draft bilateral memoranda on the allocation of land for the construction of a warehouse complex and its management have been sent to the Afghan side through diplomatic channels.


Turkmenistan is taking consistent steps to increase the volume and diversify routes for the supply of electricity to Afghanistan. Myrat Artykov, head of the Department of the Ministry of Energy for International Projects in the Turkmenistan-Afghanistan-Pakistan direction, spoke about current and planned events in this area at the Turkmen-Afghan business forum that opened on Monday in Ashgabat.


The volume of trade between Turkmenistan and Afghanistan in 2023 amounted to 457 million US dollars, and the rate of positive growth continues in 2024. In January of this year, mutual trade turnover reached 46 million US dollars, compared to the same period of the last year, this figure more than doubled. Such figures were announced at the Turkmen-Afghan business forum that opened on Monday in Ashgabat.


An exhibition of Afghan goods opened in Ashgabat on Monday, March 4. The event, organized as part of the first Turkmen-Afghan business forum, takes place at the expo center of the Chamber of Commerce and Industry of Turkmenistan.


Saudi Arabia announced on Sunday it would extend oil production cuts until June in an attempt to support prices.


The press service of the Afghan Ministry of Trade published today, Sunday, March 3, a newsletter stating that head of the ministry Nuruddin Azizi and the accompanying delegation with the participation of the head of the Afghan Embassy in Ashgabat met with head of the Chamber of Commerce and Industry of Turkmenistan Mergen Gurdov.


The Turkmen Logistics Association and the Afanasy Nikitin Association signed a Memorandum of Understanding aimed at strengthening and developing partnerships.


Acting Minister of Industry and Trade of Afghanistan Nuruddin Azizi arrived in Turkmenistan at the head of a representative trade and economic delegation, which also included 15 women entrepreneurs, TOLO news reported.


Shipbuilding and repairing yard «Balkan» offers a range of services in the field of maritime agency. «Balkan» shipyard aims to meet the diverse needs of clients in the maritime transport industry, «Turkmendenizderyayollary» agency reports.


During the meeting of the Cabinet of Ministers, Deputy Prime Minister Batyr Atdayev presented the results of the work of the departments and companies under his supervision that are part of the Union of Industrialists and Entrepreneurs.


The 55th session of the UN Statistical Commission took place from February 27 to March 1 at the UN headquarters in New York. The meetings were attended by heads and representatives of the national statistical sector of 24 member states of the Commission, observers from other countries, representatives of organizations of the UN system and international and non-governmental organizations in consultative status with the UN Economic and Social Council.


The sectors of the fuel and energy complex of Turkmenistan fulfilled the plan for the production of oil and gas condensate in January-February, reaching 100.2%.


Deputy Prime Minister Khojamyrat Geldimyradov, speaking at a government meeting on Friday, presented macroeconomic indicators for January-February 2024.