Business as a tool of diplomacy: students of the Institute of International Relations visited a private enterprise
Today, students of the Faculty of International Economic Relations of the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan visited one of the production sites of the local economic society "Mukhammet-Balkan". The visit of future international economists was organized for the purpose of systematic familiarization with the activities of leading domestic enterprises and popularization of entrepreneurship among Turkmen youth.
Such an excursion, which has a practice-oriented nature, is part of the training of specialists in the field of protecting and promoting business interests in the international arena and within the country. In general, it is aimed at studying the basics of business diplomacy as a tool for realizing the country's foreign economic interests. Its relevance is due to the increasing presence of Turkmenistan in the global economy and, at the same time, by the tasks of increasing the competitiveness of domestic products in world markets.
The economic society "Mukhammet-Balkan" was founded in 2009, and during this time it has achieved success in various fields of activity - from construction to cooking. The company is responsible for the construction of school buildings, creation of city parks in Ashgabat and much more. Products under the brand MB SHOES have also gained fame in the Turkmen market of footwear. In total, the economic society includes 8 enterprises of various profiles.
In order to ensure the domestic market, import substitution and increase export volumes in the country, it is planned to create new enterprises and industries with an emphasis on innovation, and this cannot be achieved without the efforts of young and initiatory entrepreneurs with fresh ideas and bold projects.
Diyar LOMANOV
