On Friday, June 2, 3 deals totaling $298.8 thousand were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, the ORIENT correspondent reports.
Turkmenistan has established a commission to develop a Memorandum on the foreign trade regime for accession to the World Trade Organization (WTO). The corresponding decree was signed by President Serdar Berdimuhamedov during a government meeting on Friday.
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haissam al-Gais, stressed the importance of increasing oil refining capacity in the world to meet the growing demand for petroleum products.
On Thursday, June 1, 9 deals totaling $24.4 million were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
The first blue ammonia plant in Central Asia will be built in Turkmenistan by the South Korean company Daewoo Engineering & Construction Co., Ltd. It is expected that the signing of the deal will take place before the end of the year, and construction will begin no later than the second half of next year, writes The Korea Herald.
On June 1, representatives of the Organization for Security and Co-operation in Europe (OSCE) handed the EcoPort certificate to the Turkmenbashi International Seaport.
Iranian Oil Minister Javad Oji said that a gas contract between Iran and Turkmenistan will be signed in the near future, according to which already in June Iran will start importing 10 million cubic meters of gas per day from Turkmenistan.
Turkmenistan and Iran have common interests in matters of transport interaction, and given that 600 wagons pass through the Serakhs and Inchebarun border crossings every day, with the available capacity of these, a further increase in traffic should be expected. This was discussed at the meeting of Director General of the Agency for Transport and Communications under the Cabinet of Ministers of Turkmenistan Mammetkhan Chakiev with Minister of Roads and Urban Development of the Islamic Republic of Iran Mehrdad Bazrpash. The meeting was held on Tuesday, May 30, as part of a working visit to Tehran by the head of the Halk Maslakhaty of Turkmenistan, Gurbanguly Berdimuhamedov.
The current power exchange capacity between Iran and Turkmenistan of 500 MW will double to 1,000 MW after the opening of a new transmission line between the two countries. This was stated by Iranian Energy Minister Ali Akbar Mehrabyan to journalists after a meeting with a delegation accompanying Chairman of the Halk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov during a visit to Tehran on Tuesday.
The parties discussed the progress and prospects of cooperation, including on the issue of Russian gas supplies to Uzbekistan, the press service of the Russian energy company reports.
Alireza Enayati, Director General for Persian Gulf Affairs at the Iranian Foreign Ministry, told IRNA that during the recent visit of the Sultan of Oman Haytham bin Tariq Al Said to Tehran, transport and transit cooperation was among the main issues discussed.
The mutual trade turnover between Turkmenistan and Azerbaijan increased by more than 5 times in 2022 in relation to 2021, and since the beginning of this year - almost 2 times as compared to the same period of the last year. This was stated by Deputy Prime Minister Batyr Atdaev, speaking at a gala reception on the occasion of Independence Day of the Republic of Azerbaijan.
President of Kazakhstan Kassym-Jomart Tokayev at a recent meeting of the Supreme Eurasian Economic Council in Moscow invited the EAEU countries to consider the possibility of joint investments in the construction of infrastructure in the sea and dry ports of Turkmenistan and Iran. In his opinion, this will significantly expand the geography of exports of the member states of the Union, strengthen their logistics capabilities.
Experts from EastFruit, an information and analytical platform for the fruit and vegetable market in Central Asia, the Caucasus and Eastern Europe, have already drawn attention to Turkmenistan's "incredibly rapid expansion" in the production and export of greenhouse vegetables, primarily greenhouse tomatoes.
The next meeting of the Intergovernmental Turkmen-Georgian Commission on Economic Cooperation will be held in Tbilisi on June 5-6. This was announced at a meeting of the Turkmen government on Friday by Deputy Prime Minister Batyr Atdayev.
