The State Bank for Foreign Economic Activity of Turkmenistan and the International Islamic Trade and Finance Corporation (ITFC) are jointly holding a seminar on Islamic trade finance for representatives of Turkmen financial institutions for the first time, ORIENT correspondent reports.
Turkmenistan's accession to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards helps attract foreign investment and improves the business climate in the country, the Arbitration Blog analytical publication writes.
On Monday, December 5, 25 deals totaling $63.5 thousand and 48.7 million Turkmen manats were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
Specialists of the Russian Central Research Institute chermet im. Bardina completed the analysis of ore from Turkmenistan and came to the conclusion that the country has a serious potential for the development of metallurgy. This is reported by the Russian media with reference to TASS.
Kyrgyz Energy Minister Taalaibek Ibraev said that it is more profitable to import electricity from Turkmenistan than to generate it at the country's thermal power plants, Tazabek reports.kg based on the results of the workshop on defense, security and migration.
Both chambers of the Turkmen Parliament approved the newly reviewed draft law "On the State Budget of Turkmenistan for 2023", taking into account the proposals and recommendations made by the Chairman of the Halk Maslahaty (upper house of parliament) Gurbanguly Berdimuhamedov.
The European Bank for Reconstruction and Development (EBRD) has held a meeting in Ashgabat dedicated to e-commerce opportunities for increasing the potential of small and medium-sized businesses in Turkmenistan, ORIENT reports.
The Russian Federation Council has announced the key role of the North-South International Transport Route in reorienting Russian cargo traffic towards Asia and the Middle East.
Russian specialists plan to create a special information support portal for companies from the CIS countries. This was stated by the Minister of Economic Development of the Russian Federation Maxim Reshetnikov during a speech at the Russian-Uzbek business forum in Samarkand, tj.sputniknews reports.
In January-October 2022, Uzbekistan increased the export of mobile phones by 1.7 times - up to 25 thousand units, Russia's share in these deliveries is almost 70%, the state statistics committee of the republic reports.
Plans for the construction of three golf courses in Avaza were discussed at a meeting held during the Turkmen-American Business Forum in Ashgabat on Monday.
A solid package of documents has been prepared for the meeting of the Intergovernmental Turkmen-Russian Commission on Economic Cooperation, which will be held on December 7 in Moscow. This fact was noted by the Russian Foreign Minister during **[a meeting](https://orient.tm/ru/post/42803/sostoyalis-peregovory-mezhdu-glavami-mid-turkmenistana-i-rossii)** with his Turkmen counterpart on Tuesday.
The Turkmenistan-USA business forum has opened at the Chamber of Commerce and Industry of Turkmenistan, where key areas of cooperation between the countries in the field of trade and investment will be discussed, ORIENT correspondent reports.
One of the important issues that will be discussed at the 17th meeting of the Turkmen-Iranian commission in the near future is the agreement on the establishment of two border markets in Serakhs and Lotfabad. This was stated at a press conference in the administration of the Iranian province of Khorasan Razavi on Saturday.
On Friday, December 2, 2 deals totaling $284.6 thousand were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
