Turkmenistan will expand relations with financial institutions to create a business environment
Share of the non-state sector in Turkmenistan’s GDP excluding fuel and energy complex amounted to 71.3% in 2023. Minister of Finance and Economy of Turkmenistan Serdar Joraev said this at the B5+1 forum in Almaty.
“Turkmenistan intends to expand the use of partnerships with international financial institutions to support investments and create a business environment,” the minister said.
As noted during the forum, mutual trade between the countries of Central Asia over the past ten years has grown 2.5 times and reached almost $11 billion.
Answering the moderator’s question about specific sectors of the economy of regions in which U.S. interest is growing, Deputy Assistant Secretary of the United States Department of State John Mark Pommersheim said: “I would first highlight the critical minerals sector, which we already discussed at the C5+1 summit in New York last September.”
The speaker also noted activity in such areas as electronic commerce and remote electronic services in the region. "We observe interest in learning English on the part of young people. And the United States continues to invest in this area. We think that this will also contribute to increasing the competitiveness of the region’s economies,” Pommersheim said.
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