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The Asian Development Bank (ADB) provided 6.5 billion US dollars aid package to address the immediate needs of its developing member countries as they respond to the novel coronavirus pandemic. “This pandemic has become a major global crisis. It requires forceful action at nation...

Fitch Ratings, an international rating agency, predicts two years of non-profit operation for Gazprom and US gas LNG companies. This was reported by the Russian economic information agency Prime. Current prices on the global gas market barely cover the operating and transporta...

The Union of Industrialists and Entrepreneurs of Turkmenistan will hold the exhibition and conference devoted to the 12th anniversary of the establishment of the UIET in the Expo-centre of the Chamber of Commerce and Industry on March 17-18. Over 200 companies, which will dis

The “Digital solution-2020” contest is organized by the “Turkmensvyaz” Agency, inviting initiative youth to participate in order to stimulate innovative development of the economy and social sphere of Turkmenistan. The competition will be held in the following categories: hea...

The Central Asian Regional Economic Cooperation Program has published its Transport strategy, planned for the period up to 2030, based on lessons drawn from the Transport and Trade Facilitation Strategy 2020. According to CAREC, during the period, covered by this strategy, about ...

Starting from the 2020 crop, Uzbekistan will begin to abandon state regulation of the production plan, price and mandatory sale of cotton. In addition, the plan for the mandatory sale of grain will decrease by 25%. The relevant Decree was signed by President of Uzbekistan Shavkat...

The Indian diplomatic mission in Turkmenistan presented its vision of the prospects for bilateral business cooperation for 2020-2021. At a briefing for entrepreneurs and diplomats, a brief statistical excursion on key sectors of the 5th largest world economy was held. It was n...

Kazakh Prime Minister Askar Mamin held talks with Uzbek Prime Minister Abdulla Aripov and took part in the 2nd Forum of Inter-Regional Cooperation of Kazakhstan and Uzbekistan, the official website of the Government head of the Republic of Kazakhstan reports. The meeting was held...

Vice-president of SOCAR Vitaly Beglyarbekov in his interview to the information-analytical site «Georgia online» stated that the countries of Central Asia including Turkmenistan can use the southern gas corridor for deliveries of natural gas to Europe. Answering the question o...

The Ministry of Energy of Uzbekistan announced the start of an investment project to build a combined heat and power plant in the Syrdarya region, which was implemented by a company from Saudi Arabia, ACWA Power, Uzbek mass media reported. It is planned that the new station wi