News

ADB intends to provide $100 billion in climate finance

The Asian Development Bank intends to provide $100 billion in climate finance by 2030. This week, ADB launched an innovative financing mechanism for climate in the Asia-Pacific region, which will use guarantees from partners as leverage to accelerate much-needed investments in the fight against climate change by billions of dollars. The new program aims to mobilize up to $15 billion to finance projects aimed at reducing greenhouse gas emissions and increasing resilience to climate change.

04:38 May 07, 2023

A roadmap to accelerate the creation of the ICPC "Central Asia" was signed in Tashkent

The 20th meeting of the Intergovernmental Commission on Bilateral Cooperation with the participation of heads of central government agencies and representatives of business circles of the two countries was held in Tashkent under the chairmanship of the heads of governments of Kazakhstan and Uzbekistan Alikhan Smailov and Abdulla Aripov.

04:35 May 07, 2023

Trading on SCRMET: more than 40 deals have been made in the domestic market

On Friday, May 5, 42 deals totaling 50.5 million Turkmen manats were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.

17:18 May 06, 2023

The first container train on the ITC "North — South" left from the south of Russia

The first container train on the international transport corridor "North — South" departed from the Chelyabinsk-Gruzovoy station of the South Ural Railway (SUR).

12:11 May 06, 2023

Port of Turkmenbashi expands international partnership and increases competitiveness

The Agency for Maritime and River Transport of Turkmenistan is expanding international partnerships in priority areas of sectoral development. As part of the transport forum ITTC-2023, held in Ashgabat on May 3-4, the enterprises included in the agency signed new agreements with foreign companies.

00:28 May 06, 2023

Bidding on SCRMET: diesel fuel, jet fuel and gasoline from natural gas were in demand

On May 3-4, a total of 22 transactions worth $70 million were operated at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.

17:15 May 05, 2023

The Turkmen business mission visited Romania in order to establish partnership relations

A business delegation consisting of members of the Union of Industrialists and Entrepreneurs of Turkmenistan held a number of meetings with representatives of private circles of Romania, the Turkmen diplomatic mission in Bucharest reports. The main purpose of the meetings is to activate the Turkmen—Romanian economic cooperation.

09:47 May 05, 2023

The head of the State Bank for Foreign Economic Affairs of Turkmenistan spoke about the financing of transport projects

The program for the development of transport diplomacy of Turkmenistan for 2022-2025 provides for the preparation of the Road Transport Code, the introduction of such digital solutions for multimodal transportation as the Global Transit Document into the industry, the modernization and expansion of transport infrastructure that requires adequate financial resources.

22:51 May 04, 2023

OPEC+ countries plan to hold a face-to-face ministerial meeting in June

The ministerial meeting of OPEC+ countries scheduled for June 4 will be held in a face-to-face format, TASS reports.

17:25 May 04, 2023

Korean KOMEA intends to work with Turkmenistan in the field of shipbuilding and project implementation

The Korean Marine Equipment Association (KOMEA) is ready to become a technological partner of Turkmenistan for the development of the international transport corridor "North —South". Information about this was announced by a representative of the association at the conference "International Transport and Transit Corridors: interconnection and development — 2023".

17:21 May 04, 2023

Türkmendemiryollary is an active participant in transport projects between Central Asia, the Middle East and Europe

Turkmenistan today pays great attention to the modernization of railway transport, as evidenced by the large-scale infrastructure projects implemented in the country in recent years. Geopolitical changes in the world bring their own adjustments and changes to the world transport system and Turkmenistan is actively involved in "building" new global corridors and routes connecting different continents, Azat Atamuradov, Chairman of the “Türkmendemiryollary” Agency said, speaking at the ITTC-2023 conference in Ashgabat.

16:34 May 04, 2023

About 30 documents were signed within the framework of the ITTC-2023 transport forum

About three dozen different documents for the development of cooperation between transport agencies of Turkmenistan and foreign companies were signed on the sidelines of the conference "International Transport and Transit Corridors: interconnection and development - 2023".

16:23 May 04, 2023

The agency "Turkmenaragatnashyk" promotes the development of online commerce in Turkmenistan

To date, there are about 270 online trading platforms in Turkmenistan, which demonstrates the growing role of online commerce in the country. Concrete effective steps are being taken for its development at the state level, Chairman of the agency "Turkmenaragatnashyk" Hajimurat Hudaigulyev said, speaking at the international transport conference ITTC-2023.

16:19 May 04, 2023

A new President of the World Bank has been elected

Indian-American entrepreneur Ajay Banga has become the new 14th president of the World Bank, the press service of the organization reports.

14:31 May 04, 2023

Kazakhstan will increase the capacity of the checkpoint with Turkmenistan by 12 times

Kazakhstan has restricted the passage of vehicles on the border with Turkmenistan at the Temir-Baba checkpoint in connection with the start of work on the modernization of border crossings, which by the end of 2024 will increase the capacity by 8-12 times.

13:57 May 04, 2023

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