The State Bank for Foreign Economic Affairs of Turkmenistan

 

Partnership for development!

International forum with participation of Turkmen leader is held in Ashgabat

 /   State News Agency of Turkmenistan  /   14.01.2020  /   

International conference “Turkmenistan and International organizations: Cooperation for peace and development” with participation of President Gurbanguly Berdimuhamedov was held in Ashgabat. The forum was dedicated to the celebration of the 25th anniversary of neutrality of Turkmenistan.

In the morning, the Head of the State has come to the Oguzkent Hotel where participants of the forum – representatives of competent international and regional organizations, diplomatic circles, government of the country as well as representatives of national and foreign media have gathered.

In the hall of the hotel, the President of Turkmenistan greeted heads of the delegations representing the United Nations and its separate structures, Organization for Security and Cooperation in Europe and European Union in general.

Photography ceremony on the background of the banner of this remarkable event took place thereafter, after which the Head of the State accompanied by the heads of the delegations went to the session hall.

President Gurbanguly Berdimuhamedov made a greeting speech to the participants.

Being an active member of international life, Turkmenistan proposes number of international initiatives on current issues of modern time for deserving contribution to provision of sustainable development and prosperity on global level, the Head of the State said.

Being a supporter of bilateral and multilateral cooperation, our country sets objectives, which are very important for current and future generation and tries to achieve them on different levels, in particular under international organizations.

Therefore, Turkmenistan does not stop only at proposal of important initiatives aimed at expansion of wide international partnership and meeting fundamental interests of all countries and nations but also takes measures for their practical implementation. This is indicated by the current meeting, the Head of the State noted.

Speaking of the agenda of the meeting, President Gurbanguly Berdimuhamedov informed that subjects related to national and common interests would be reviewed.

The participants will have to the exchange their views and outline joitn work in the nearest future on these subjects.

This year, our country and the world community will celebrate the 25th anniversary of international recognition of the status of neutrality of Turkmenistan. This important date is a remarkable event in independent history of Turkmen state, a milestone in its foreign policy, the President highlighted.

At the same time, this is a good reason to think over way, which was made for the quarter of the century, to give assessment to current development of Turkmenistan as a neutral state. Today, we do it together with our friends and partners who represents big and competent international organizations. We are interested in and appreciate your opinions and recommendations, President Gurbanguly Berdimuhamedov said.

The Head of the State noted special importance of this in the context of preparation to International High-level Conference “Policy of Neutrality and its Importance in Provision of Peace, Security and Sustainable Development”, which is planned to be held in Ashgabat on December 12 this year.

After, Head of the State Gurbanguly Berdimuhamedov referred to the history of neutrality of our country. For Turkmenistan, which gained independence in complicated conditions of fundamental changes of entire system of international relations, the selection of foreign course was one of the most important subjects, the President said.

What this course would be, how do we build relations with the world community, on what principles do we develop international cooperation?

The history has numerous samples when mistakes in choosing of foreign model have led to loss of real sovereignty of the states, their involvement to the sphere of interests, which ae far from true goals of national development.

President Gurbanguly Berdimuhamedov highlighted that Turkmenistan has chosen the model, which was named a positive neutrality and specified its fundamental provisions, which are peace-loving, non-interference in affairs of other states, respect of their sovereignty and territorial integrity, noon-involvement in international military organizations and treaties. We started to pursue sovereign neutral but at the same time an active and constructive foreign policy. Therefore, it is no wonder that the world has accepted our efforts for strengthening of neutrality of Turkmenistan as international and legal status with friendliness and understanding. Our country received support from the neighbouring countries at first and after in Non-alignment Movement.

On December 12, 1995, the United Nations General Assembly has unanimously adopted the Resolution on Permanent Neutrality of Turkmenistan.

President Gurbanguly Berdimuhamedov highlighted that neutrality of Turkmenistan has become a significant factor of international peace-making efforts in our region, having reminded that it was Ashgabat, which hosted number of talks under the UN aegis, which played an important role in achievement of peace and harmony in Tajikistan.

The capital of our neutral state became the place of negotiations on regulation of Afghan conflict in the end of the 90s of the last century.

Turkmenistan became a reliable ally and effective partner of the UN in protection and support of political stability in the region, development of good neighbourliness, friendship and cooperation. This was indicated by the decision of the world community with support of all countries of the region on opening of the UN Regional Centre of Preventive Diplomacy for Central Asia in Ashgabat in 2007.

We accepted it as a huge responsibility and at the same time, as an evidence of the trust given to Turkmenistan by the United Nations Organization, the Head of the State said. Today, Turkmen neutrality is an important factor of regional security. Its fundamental principles fully comply with strategic directions of the UN in Central Asia, which are aimed at turning of the region into the place of peace and cooperation, strong link of continental stability. In this context, the UN can always rely on support of Turkmenistan, which use political and diplomatic methods for creation of atmosphere of understanding and trust, favourable conditions for equal and constructive partnership, President Gurbanguly Berdimuhamedov said. Turkmenistan sees assertion of the culture of dialog as its priority objective as a neutral state during solution of arising issues and confrontations. As is known, the UN General Assembly with co-authorship of 73 member states has unanimously adopted the Resolution initiated by Turkmenistan on declaration of 2021 as International Year of Peace and Trust.

In this context, our country will develop and present proposals on conducting of International Year and of Peace and Trust with maximum practical benefit for the efforts of for provision of peace and security to the UN for review, the President of Turkmenistan informed, having noted that we hope for close cooperation with relative structures of the UN and other international organizations during formation of these initiatives and their further realization.

During the last session of the UN General Assembly, Turkmenistan proposed initiative on development of set of rules on application of the principles of neutrality in provision of peace and security. We considers that this is very useful initiative and look forward for your support in its implementation, the Head of the State said addressing to the participants of the forum.

This document can be used by international community as an effective mechanism for prevention of possible confrontations, non-admittance of their escalations into war, for turning of conflict processes into peaceful negotiation stream.

Recently, we have also proposed to establish the Group of friends of neutrality for the interests of peace and security, President Gurbanguly Berdimuhamedov continued, having expressed the willingness for close cooperation with all sides, which are interested in promotion of this initiative.

The Head of the state made special mention that Turkmenistan has always been and remains to be an active participant of international efforts for combating against modern challenges and threats, and highlighted solid position of our country in counteracting of terrorism, combating against illegal drug and human trafficking.

Turkmen leader highlighted that support of reconciliation processes in Afghanistan receives special importance today. The Head of the State confirmed the position of Turkmenistan: as a neutral state and close neighbour of Afghanistan, our country is willing to provide necessary conditions for establishment of peaceful dialog on Afghanistan. There is no alternative to negotiation process, the President of Turkmenistan said. Previous practice has shown that force methods are non-productive and have no future in this case.

Throughout many years, Turkmenistan provides specific addressed economic and humanitarian support to Afghanistan. It is expressed in construction of medical and educational facilities in neighbouring country, beneficial supplies of electricity, study of Afghan students in Turkmen educational institutes, regular humanitarian cargos to Afghanistan, other support and assistance. All of these is financed by Turkmenistan from its own funds.

The President assured Afghan friends and international community that such support would be continued on systematic base according to special programme developed in Turkmenistan.

Having noted that special attention is paid to economic aspect of Turkmen neutrality these days, which implies creation of conditions for rapid social and economic growth of our country, development of its beneficial foreign economic and trade relations, President Gurbanguly Berdimuhamedov highlighted that the neutrality guarantees from any politicization of such cooperation and provides equal treatment of all foreign partners.

Provisions of Turkmenistan’s neutrality, non-confrontational outlook, our strict adherence the UN Chapter and international regulatory standards are completely reflected in realization of international projects of the country. Their direction is provided not only by commercial and economic benefits but also by intent to provide rapprochement of the states to create the atmosphere of trust and predictability in relations between them.

In its turn, it will support to expansion of economic relations between the countries, practical implementation of the principles of transparency and equality in international economic cooperation. These foundations have been laid to the activity of international organizations of economic, financial and investment orientation.

President Gurbanguly Berdimuhamedov expressed the willingness of Turkmenistan in activation of cooperation between such international financial institutes as the World Bank, Asian Development Bank, European Bank for Reconstruction and Development, Islamic Development Bank. Last year, we have also enforced our work on study of rules and procedures to join the World Trade Organization, the Head of the State added.

The Head of the State outlined execution of the Agenda of the Sustainable Development, where Turkmenistan is also willing to share the experience gained in this direction, as another subject of exchange of opinions.

The President said that today, important parameters of the Sustainable Development Goals are inherently integrated to the Programme of social and economic development of Turkmenistan in 2019 – 2025. Implementation of the SDGs in economic part of the Programme is to ensure universal access of the population to cheap, reliable and modern energy provision, stable economic growth and full occupancy, establishment of flexible infrastructure, support of stable industrialization and promotion of innovations. Big attention is paid to widespread digitization of the economy.

Implementation of the Sustainable Development Goals in Turkmenistan has brightly expressed direction. This is about such important aspects as provision of food abundance and improvement of nutrition of the population, widespread assertion of healthy life style, provision of full gender equality, creation of conditions for inclusive fair and qualitative education.

Starting implementation of national plans in different spheres of the economy and social sphere, Turkmenistan correlates them with ecological component of the SDGs strictly and responsibly. For this purpose, the country starts using modern eco-friendly and resource-saving technologies in all spheres of the economy – in industry, agriculture, transport and other spheres.

We have always clearly stated out positions in this subject: the ecology and environment have not to be hostages of commercial benefits, no matter how attractive they seemed to be, President Gurbanguly Berdimuhamedov said, having highlighted that provision of sustainable development of the country, improvement of quality of life of the population are directly related to the solution of ecological objectives in the region.

Saving of Aral Sea is one of the main objectives. Our terms in this direction have been discussed in details at the Summit of the Heads of the States, the Founders of International Fund for Saving of Aral Sea (IFAS) in Turkmenbashy in August 2019 and certain agreements have been reached. Therefore, important steps toward improvement of activity of IFAS and improvement of its effectiveness have been made.

The President of Turkmenistan urged to move in this direction more actively, to involve potential of international community, first the UN and its specialized structures, wider. We proposed an initiative on development of the UN Special Programme for Aral Sea basin and allocation of Aral Sea problems in separate direction of the UN activity.

It is necessary to concentrate more on the efforts of Central Asian states and international structures in provision of equal and fair access to water resources, the President continued. The position of Turkmenistan in this subject is well known to all: we consider that review and solution of water management issues have to made on the base of the standards of international law, mutual respect and interests of all countries of the region with participation of international organizations.

The Head of the State noted that in general, we expect continuation of constructive dialog on the issues of the Sustainable Development Goals, which provide consolidation of efforts on international, regional and national levels.

In this context, firm confidence in expansion of partnership between Turkmenistan and the UN Development Programme, UNICEF, World Health Organization, UN Population Fund, the UN Environment Programme and other specialized establishments and institutes of the United Nations has been expressed.

Cooperation of our country with the UNESCO is one of priority subjects of international agenda of Turkmenistan in the context of implementation of the UN Agenda 2030, President Gurbanguly Berdimuhamedov said further.

We plan to take efforts for realization of potential of cooperation with the UNESCO in such spheres as education, science, ecology and sports in the nearest future, Turkmen leader said. The President of Turkmenistan has focused on humanitarian problems. As is known, for number of years, Turkmenistan cooperates closely and comprehensively with relative international organizations for improvement of democratic institutes in the country, effective fulfilment of its obligations in human rights sphere.

At the same time, Turkmen leader Gurbanguly Berdimuhamedov made special mention that realization of principle “State for Human Being!”, which is aimed at creation of maximum favourable conditions for comprehensive reveal of potential of human individuality, is the main one in our joint work.

We confirm our intent in activation of partnership with such international structures as the Office of the UN High Commissioner for Human Rights, as the Office of the UN High Commissioner for Refugees, International Migration Organization, International Labour Organization, International Federation of Red Crescent and Red Cross Societies and other humanitarian structures, the Head of the State said.

The neutrality of Turkmenistan is a reality of today and our future, which opens new opportunities for development of wide international partnership in all directions. Following strict commitment to undertaken international obligations, we affirm with all responsibility about our willingness to wide and active cooperation with international organizations for achievement of universal creative goals, the Head of the State summed up.

After, the President of Turkmenistan gave floor to Special Representative of the UN Secretry General for Central Asia, Head of the UN Regional Centre of Preventive Diplomacy for Central Asia Natalya Gherman.

The UN welcomes important and timely initiatives of President of Turkmenistan Gurbanguly Berdimuhamedov, which are aimed not only at consolidated cooperation and solution of the main issues of regional and global agenda but also at the assertion of the central role of the UN in the subjects of peace, security and sustainable development in the region and on global level, Mrs Gherman said.

Special Representative of the UN Secretary General noted that following the course of neutrality, Turkmenistan has not only achieved significant results in different spheres but also has made a significant contribution to strengthening of peace and stability in Central Asia. It can be confidently stated that choice of Turkmenistan was prompt and well-grounded and the model of foreign political development of the country was the most optimum and meeting national interests, long-term goals of the world community and principles of the UN Chapter, she highlighted.

Natalya Gherman highly appreciated Turkmen idea on development of the UN Code of Practice on effective use of the principles of neutrality during regulation of international issues and provision of peace and security as well as initiative on organization of wide multilateral dialog on practical implementation of the principles of neutrality under the UN aegis for prevention of conflicts, elimination of their root causes and consequences, solution of humanitarian issues.

Mrs Gherman said that assuming the post of the UN Secretary General in the beginning of 2017, Antonio Guterres proposed his vision of the UN activity where the utmost place was given to preventive diplomacy.

In this regard, it was noted that the Regional Centre has become one of the first structures of the UN, which was to use and promote preventive diplomacy as a tool of support of interstate dialog and development of cooperation between the countries. In this context, Natalya Gherman highlighted the currency of the thesis of President of Turkmenistan Gurbanguly Berdimuhamedov that positive neutrality and preventive diplomacy go together. Prevention is our common goal for provision of peace and stability in Central Asian region and on global level.

The Head of the RCPDCA has also noted that in 2020 when the 25th anniversary of permanent neutrality of Turkmenistan symbolically falls on the 75th anniversary of the United Nations Organization, under the celebration of this anniversary, the UN Secretary General Antonio Guterres has initiated and invited all to participate in large-scale and open global discussion on the subject of the role of international cooperation in building of the future we want.

In this context, the idea of President Gurbanguly Berdimuhamedov on organization of International High-level Conference in Ashgabat on December 12 is very current especially on the threshold of 2021, which is declared as International Year of Peace and Trust by initiative of Turkmenistan.

Natalya Gherman expressed confidence that representative forum in Ashgabat would be a substantive part of the process of definition of the future of the UN that we want, to which international community has to strive. This is related not only to Central Asian region but also thee the world in general, which experiences hard times from the consolidation point of view.

Turkmenistan and the UN will have to face big and fruitful work for further promotion of started initiatives, development of existing formats and platforms of cooperation as well as intensification of the dialog in all main spheres for the interests of peace, stability and sustainable development, Mrs Gherman said in the end.

Having expressed gratitude to the Special Representative of the UN Secretary General for substantive speech, President Gurbanguly Berdimuhamedov highlighted that being the state hosting the Headquarter of the UN Regional Centre of Preventive Diplomacy for Central Asia, Turkmenistan pays special attention to promotion of peace-making agenda, establishment of multilateral cooperation in the sphere of early prevention of conflicts and confrontations, elimination of challenges and threats, establishment of reliable base for peace, security and development.

For almost 12 years of its activity, the Regional Centre has recommended itself as an effective link between the United Nations and Central Asian countries in solution of many issues, the Head of the State said.

After, the Head of the State Gurbanguly Berdimuhamedov gave floor for speech to the UN Permanent Coordinator in Turkmenistan Mrs Elena Panova.

Having gained significant experience of development as a neutral state, which status was confirmed by two Resolutions of the UN General Assembly, Turkmenistan offers the world to use the concept of neutrality as a tool to protect peace and promotion of sustainable development. We are willing to support Turkmenistan in promotion of the principles of neutrality, the high-rank UN representative said. She has also noted that Turkmenistan is one of the advanced countries in implementation of the Sustainable Development Goals. According to her, the main achievement in this aspect is that the country has laid firm systematic foundation for the SDGs, having established national coordination mechanism and included goals and objectives of the SDGs into the Programme of the President for 2019 – 2025.

The Permanent Coordinator has presented the main priorities of 2020 to the participants of the forum, realization of which would held to accelerate the achievement of the SDGs in the country, it includes support in mobilization of financing for achievement of the Sustainable Development Goals.

In her speech, Mrs Panova suggested to establish joint coordination mechanism for attraction of foreign investments and financial resources of international banks for implementation of the SDGs in the country. Participation of international financial establishments and big international companies is expected.

Support in improvement of statistical reporting on the Sustainable Development Goals is another priority direction. It was noted that huge work has been done with the State Statistics Committee for development of national database on indicators in the sphere of sustainable development.

Development of new Framework Programme of cooperation between Turkmenistan and the UN in 2021 – 2025 is another priority. Consultations for development of this document have started last year and three directions of cooperation – improvement of efficiency in the sphere of the government administration by digitization and promotion of human rights; development of the economy taking into account the climate change; quality services in health protection, education and social protection sphere, have been defined in the result.

Special attention in new Framework Programme will be paid to involvement of youth to implementation of the SDGs and development of youth policy. Intensification of joint activity of different UN agencies will be another special feature of the Programme.

In this regard, Elena Panova made proposal to develop actual mechanism for encouragement of joint projects between the UN and the Government of Turkmenistan.

On behalf of the UN Mission in Turkmenistan, Mrs Panova expressed support to initiative of President Gurbanguly Berdimuhamedov on organization of International Conference for subjects of Peace, Security and Sustainable Development, which was made at the 74th session of the UN General Assembly. The theme of this forum is consonant with the activities in the world; it allowed having better look through he prism of neutrality as global challenges of sustainable development, the UN representative said. Having expressed gratitude to Elena Panova for substantial speech, the President highlighted that membership in the United Nations Organization, active participation in its activity in implementation of the Global Agenda for sustainable development are the main priorities of home and foreign policy of Turkmenistan.

Turkmen leader gave floor to the Head of the OSCE Centre in Ashgabat Natalya Drozd.

The OSCE Centre in Ashgabat, which has marked its 20th anniversary last year, established constructive cooperation with the Government of Turkmenistan. The Head of the centre highlighted the most remarkable achievements of joint work for the last years. For example, 4,000 representatives of the government authorities, academic circles, mass media and public organizations have become participants of our training events in 2018 – 2019.

Natalya Drozd Highly appreciated contribution of Turkmenistan to strengthening of economic stability in the region, having also noted joint activity for promotion of effective management of trade and transport, innovative technologies for sustainable management of water resources, development of renewable sources of energy and energy-saving technologies as well as for realization of international obligations of Turkmenistan in the sphere of ecological safety, which is one of the priorities of the policy of President Gurbanguly Berdimuhamedov.

In humanitarian aspect, the OSCE Centre actively cooperates with the office of the Ombudsman of Turkmenistan, supports in fulfilment of National Action Plan in Human Rights sphere and National Action Plan for provision of gender equality in 2015 – 2020.

The OSCE has been providing long support in the sphere of development of mass media. Speaking of perspectives of cooperation this year, the Head of the OSCE Centre noted that realization of Plan of joint projects, which provides dozens of events with relative ministries and departments of Turkmenistan, starts in 2020.

In the end, Natalya Drozd expressed gratitude to President Gurbanguly Berdimuhamedov for trust, permanent support and comprehensive assistance to cooperation.

Having expressed gratitude for the speech, Turkmen leader noted that our country traditionally pays special attention to close partnership with the Organization for Security and Cooperation in Europe. The President stated with delight that for the last several years, our cooperation with the OSCE in these directions is developed dynamically. Connections with such structures as the Office for Democratic Institutions and Human Rights, the UN High Commissioner on National Minorities, the Representative on Freedom of the Media.

The Head of the State gave floor for the speech to the Chargé d'affaires of the European Union Representative Office in Turkmenistan Mr Lubomir Frebort.

The European Union respects and appreciates the status of Turkmenistan, its policy of permanent positive neutrality, which is selected as the base of foreign course of the country, the EU representative highlighted.

2019 was very important in relations between the European Union and Turkmenistan, which is our important and respected partner in Central Asia, Lubomir Frebort highlighted. Opening of the EU Representative Office in Ashgabat in the middle of the last year has become a top event in our relations and demonstration of the EU interest in strengthening and expansion of relations with Turkmenistan.

Enhancement of the level of our relations allows us expanding political and economic sections of joint efforts in strategic fields such as security, energy, climate change, environment, diversification of the economy and development of private sector, supremacy of law, human rights and many other, the EU representative continued.

It was mentioned that some initiatives of neutral Turkmenistan proposed by President Gurbanguly Berdimuhamedov meet priorities of the EU, first in the subjects of peace and stable development.

Regarding peace and security, including water security, the EU recognizes permanent contribution of Turkmenistan to stabilization of situation in Afghanistan and this agenda is one of the main priorities of the EU security. We welcome initiative of Turkmenistan on declaration of 2021 as International Year of Peace and Trust.

The EU entirely supports the policy of President Gurbanguly Berdimuhamedov on diversification of gas export markets while the construction of strategic Trans-Caspian gas line and import of Turkmen gas remain an important part of the EU strategy in the sphere of energy security and recently, new European Commission has included the project into renewed list of priority energy projects. We have activated our bilateral and multilateral energy dialog in 2019 and are ready to continue it.

In the end, Lubomir Frebort expressed confidence that 2020 would give an opportunity for thorough preparation to the high-level meeting between the EU Government and Turkmenistan.

Having expressed gratitude to the Chargé d'affaires of the European Union Representative Office in Turkmenistan for substantial speech, President Gurbanguly Berdimuhamedov highlighted that European direction is one of important vectors of foreign policy of the country.

After, the President of Turkmenistan gave floor to Head of the UN Regional Office on Drugs and Crime Mrs Ashita Mittal.

Expressing gratitude to the Government of Turkmenistan for support in promotion of the agenda of the UNDDC in counteracting of transnational organized crime, illegal drug trafficking and prevention of terrorism, Mrs Mittal noted that today as never before, the principles of neutrality occupy central place in provision of peace, security and stability in the planet.

She has also highlighted historical role of Turkmenistan in launch of the UNDDC Programme for Central Asian states in 2015 – 2020, which has been signed in Ashgabat on May 15, 2015 by all five countries of the region as the main framework document on technical cooperation in the region.

Ashita Mittal has highly appreciated initiative of Head of Turkmenistan Gurbanguly Berdimuhamedov on bringing of collaboration to more practical level under recently signed Roadmap on further development of cooperation between the country and the UNDDC in 2019 – 2021. Our Department remains comprehensively committed to support of Turkmenistan in its efforts for solution of integrated challenges in security sphere and elimination of the threats to international peace, security and sustainable development, Mrs Mittal noted.

Besides, gratitude has been expressed to the Government of Turkmenistan for its proposal to hold the 55th session of the Sub-commission for illegal drug trafficking in Middle and Near East and issued related to this in June 2020.

Our country pays special attention to international cooperation in combating illegal drug trafficking, especially in close cooperation with specialized UUN structures, President Gurbanguly Berdimuhamedov said. Current activity of the UN Department on Drugs and Crime is carried out in Turkmenistan by implementation of 15 global, regional and national projects.

The Head of the State noted that Turkmenistan has ratified the main international conventions and treaties related to the mandate of the UN Department of Drugs and Crime in drug, crime and terrorism spheres. In May 2019, our country was elected to the Commission of Narcotic Substances for 2020 – 2023.

In addition, National Action Plan for Combating Human Trafficking in 2020 – 2022 has been adopted on October 6, 2019, which outlines that the UN Department on Drugs and Crime is one of the main partners in realization of this action plan.

Having expressed gratitude to Mrs Ashita Mittal for her speech, the President gave floor to Head of the UN Cluster Office, Mr Svetan Svetkovsky.

In his speech, he noted that Turkmenistan is one of the first countries, which has completed Voluntary National Review of the progress in achievement of the Sustainable Development Goals. This review demonstrates an integrated approach of the country to implementation of the SDGs in the sphere of the UNESCO authority.

Cooperation between Turkmenistan and the UNESCO in the last four years was focused on implementation of the SDGs in the sphere of education, natural, social and humanitarian studies, culture, communication and information. Turkmenistan took active part in development of the SDGs in these directions and is one of the first countries, which officially adopted and included them into national plans and development strategies, Mr Svetkovsky said.

The UNESCO held its 40th General Conference and adopted the Programme and Budget for 2020 – 2021 in November last year. Subsequently, all programme sectors and site departments have adopted similar plans for work during the same period.

Tehran Bureau of the UNESCO is a cluster bureau, which covers four countries from four different sub regions, namely Afghanistan, Iran, Pakistan and Turkmenistan. It allows the UNESCO developing potential for development of regional and transboundary approaches. Active role of national Commission of Turkmenistan for the UNESCO affairs has become a link in all communications with the government authorities and existing partners.

We also plan some events related to land management based on protection of ecosystems and biological resources, creation of geological parks, the UNESCO representative has informed.

In the sphere of social and humanitarian studies under strategic goals of social integration and building of peaceful and fair societies, our activity in Turkmenistan includes intercultural and inter-religious dialog as a continuation of International Conference for support of intercultural dialog along the Silk Road, which was organized in Turkmenistan in December 2018.

Session of experts in traditional sports and games of intellectual atlas of cultural collaboration along the Silk Road has also taken place in the fields of the forum in Turkmenistan.

In the sphere of involvement of youth, we plan to expand the Contest of Young Ambassadors of the SDGs in Turkmenistan as a continuation of national campaign of Turkmenistan for promotion of the Agenda 2030. Activities for expansion of potential for National Anti-Doping Agency of Turkmenistan are planned in sports and physical education sphere.

In line of education, it is planned to hold number of events for expansion of potential in the sphere of technical and professional education; educational monitoring and information systems, use of information and communication technologies in teaching methods and study of information technologies.

Joint efforts in the sphere of natural sciences are concentrated on enhancement of role of researches, science, technologies and innovations in stimulation of economic development.

Number of activities for expansion of potential for protection of cultural heritage alogn the Silk Road, for integration of the management of sustainable tourism in the aspect of management of heritage facilities, provision of safety and risk management in museums, protection of intangible cultural heritage and other.

Having expressed gratitude to the Head of the UNESCO Cluster Office for substantial speech, President Gurbanguly Berdimuhamedov noted that development of culture and education, protection and popularization of historical heritage are the main priorities of the government policy in Turkmenistan. Development of comprehensive and close relations with the UNESCO is an integral component of the policy.

We are proud of high level of cooperation between Turkmenistan and the UNESCO, which is based on intent to realize noble ideals of understanding and friendship between the nations, the President said.

Next, Director of the UN Regional Office of High Commissioner on Refugees, Mrs Yasuko Oda has given a speech.

Having expressed deep gratitude to the Governmetn of Turkmenistan for old successful cooperation with the UNHCR Office, she mentioned recent participation of high-level Turkmen delegation in two main global events held in Geneva.

Expressing gratitude for specific statements made by Turkmenistan at these important forums, Mrs Oda noted that by thus, our country has demonstrated high level of commitment to protection of refugees and efforts for solution of problem of stateless persons.

The UNHCR has established its office in Ashgabat in July 1995. Many things have been achieved since then. The country has ratified all four UN Conventions on refugees and stateless persons. Turkmenistan is the first and only country in Central Asia, which has joined the conventions of stateless persons. In April 2011, Turkmenistan has been elected as a member of the UNHCR Executive Committee and National Action Plan for elimination of statelessness has been adopted last year.

The UNHCR also hopes to join the country groups of the UN for support in conduct of the next national population census in Central Asia including Turkmenistan.

Mrs Yasuko Oda reminded the participants that Turkmenistan received thousands refugees from Afghanistan from the first days of independence and not only provided protection of these people but also gave them access to education, health protection and agricultural lands for their deserving life. Many people received citizenship. This achievement has to be highlighted as one of the best world practices, she highlighted.

Director of the Regional Office of the UN Commissioner on Refugees has also expressed gratitude to President Gurbanguly Berdimuhamedov for invitation of refugee sportsmen from Kenia to take part in the Asian Games in 2017 as well as for conduct of the Conference on refugee problems in the Muslim world in 2012 together with the UNHCR and the Islamic Cooperation Organization, which resulted in adoption of the Ashgabat Declaration calling for close cooperation of all interested countries for solution of problems of refugees and stateless persons.

She has also outlined another important direction of cooperation – the readiness for emergencies. The UNHCR and Turkmenistan conduct annual trainings in this direction.

Having expressed gratitude to Mrs Yasuko Oda for substantial speech, President Gurbanguly Berdimuhamedov said that Turkmenistan pays great importance to cooperation with the High Commissioner on Refugees and tries to make its contribution to solution of this problem, which concerns destinies of millions of people.

As is known, Turkmenistan in close cooperation with the UN High Commissioner on Refugees and the Islamic Cooperation Organization held international conference dedicated to the problems of refugees in Muslim countries.

Together with the efforts at international platforms, active work is carried out on national level. Starting from 2005, Turkmenistan gave citizenship to more than 23,000 refugees and stateless persons, the Head of the State added, having said that the state would continue paying priority attention to these subjects.

Summing up the reports, assessment and concluding the opinions, President Gurbanguly Berdimuhamedov expressed since gratitude to all participants for substantial speeches. Current meeting confidently demonstrated high level of understanding during definition of goals and objectives of our cooperation, reflected coincidence of approaches to the main subjects of the world development, the Head of the State noted. Targeting and focus on final result is a character feature of cooperation between Turkmenistan and big international organizations. At present time, implementation of the Sustainable Development Goals in Turkmenistan is one of the priority directions of partnership with international organizations.

We were able to make significant move forward in this way, having started development of specific mechanisms of adaptation of the SDGs on national level, having adopted relative indicators for inclusion of them into National programme of social and economic development of Turkmenistan in 2019 – 2025, President Gurbanguly Berdimuhamedov said. International initiatives of Turkmenistan in energy and transport spheres are also provided by the necessity of provision of the Sustainable Development Goals in these important segments of global economy.

It is indicative that relative Resolutions were unanimously supported by the UN General Assembly in co-authorship with dozens of the states. In this context, International Conference of transport ministers of the countries without access to sea in Turkmenistan in March this year is to reflect the continuity of creation of balanced and ramified international transport infrastructure with the achievement of the Sustainable Development Goals.

It was almost quarter of the century since the choice of neutral model of development and foreign course made by Turkmenistan in the United Nations Organization received unanimous recognition of all member states, the Head of the State continued.

Having wished success for development and progress to all participants, President Gurbanguly Berdimuhamedov noted that number of urgent issues of the global agenda has been highlighted at the Conference. At the same time, it was emphasized that their solution is closely related to high level of international cooperation.

In this context, the Head of the State said that partnership between Turkmenistan and international organizations is dedicated to fulfilment of this objective. Having expressed gratitude to all participants of the meeting and wished them success on work, which is to serve national and universal interests, President Gurbanguly Berdimuhamedov left the Oguzkent Hotel

After the break, conference “Turkmenistan and International Organizations: Cooperation for Peace and Development” was continued in the format of working session in the foreign Ministry.

 

 

Record number of exchange transactions under the I CEF

 /   State News Agency of Turkmenistan  /   13.08.2019  

Increment of volumes and expansion of variety of production made in the country is an important direction of economic policy of the country. fundamental changes are carried out in this sphere due to successful implementation of large-scale programmes of modernization and diversification of national economy, development of industrial section and agricultural complex. The demand on local goods is growing both in home and foreign markets.

As it was informed it was visually demonstrated at the trades held by the State Commodity and Raw Material Exchange of Turkmenistan during the work of the Caspian Exhibition and Innovative Technologies under the First Caspian Economic Forum in Avaza national tourist zone. The trades resulted in record number of transaction, 256, to total amount of more that 380,179,000 US dollars and 96,600 Turkmen manats. For local market, Turkmen entrepreneurs made deals to total amount of 43 million manats.

Production of petroleum and chemical industry – Turkmenbashy Refinery Complex, Seydi Refinery, Garabogazkarbamid and Marykarbamid, Hazar chemical plant, iodine factories in Balkanabat and Bereket of the State Concern Türkmenhimiýa was a leader of the trades. It was TS-1 jet fuel, A-80 gasoline, various diesel fuel including the one treated by hydraulic method of ECO-5 brand as well as B type carbamide, technical iodine and petroleum coke.

Production of the plant, which was recently put into operation in Ahal Velayat, ECO – 93 gasoline and liquefied gas made of natural gas as well as high-density polypropylene from polymeric plant in Kiyanly of the State Concern Türkmengaz are on high demand among foreign business circles.

This petrochemical production was procured by businessmen from Russia, United Arab emirates, China, Switzerland, Great Britain, Luxemburg, Singapore, Malta, Afghanistan and other countries. The amount of transactions in this section was 335,476,000 US dollars. In addition, Turkmen entrepreneurs have bought polyethylene and polypropylene to total amount of 43 million manats for local market.

Businessmen from Turkey and Switzerland took part in the trades of agricultural production. They have signed four agreements to total amount of more than 36,884,000 US dolars for purchase of cotton fibre.

Businessmen from Russia, united Arab Emirates, USA, Kyrgyzstan, Turkey and Georgia participated in the trades of light industry. 19 transactions to total amount of more than 6,308,000 US dollars for procurement of cotton, flannel and jeans fabrics and one transactions to the amount of 600 Turkmen manats have been registered.

Businessmen from Uzbekistan and Hong Kong took part in construction material trades, having concluded 9 transactions to total amount of more than 1,510,000 US dollars for procurement of glass and Portland cement.

The First Caspian Economic Forum was marked by another event – the State Commodity and Raw Material Exchange of Turkmenistan has been awarded with the ISO 9001 Certificate – the document indicating that Quality Management System meeting the requirements of International Organization for Standardization.

At present time, more than 160 states are the members of ISO. This powerful organization, which develops international standards, has a consulting status in the UN Economic and Social Council and is supported by the World Trade Organization.

The State Commodity and Raw Material exchange of Turkmenistan was founded 25 years ago and holds the position of one of the most important economic institutes. High economic indicators of work of the Exchange provided its successful integration to international economic system and to gain the reputation of reliable partner in wide business circles of the world.

At present time, the Turkmen commodities, which are exported to more than 40 countries of the world including USA, China, Russia, Great Britain, Switzerland, UAE, Singapore, Turkey, Bangladesh and other countries, are sold at the exchange trades. As it was mentioned, all types of petroleum production of Turkmenistan, production of chemical industry, knitted and sewing articles for adults and children, cotton fibre and yarn, sheep, goat, camel wool, licorice and its extract as well as production of local manufacturers are on high demands in the world markets.

This is supported by the open door policy, stable economic situation and favourable investment climate, which attract businessmen from all over the world to our country.

 

New Year Address of President Gurbanguly Berdimuhamedov to the people of Turkmenistan

    /   31.12.2019  /   

My Dear Compatriots!
My Beloved People!


2019, which was held under slogan “Turkmenistan – Home of Prosperity!”, has come to the end. After few moments, we will see off 2019 and welcome New Year of 2020. This year was one of the most favourable. We see of the year, which was full with success and labour victories. In these moments, when we address each other with the best wishes, I cordially congratulate you all on coming New Year 2020! Let the New Year be full of success for you!

According to Turkmen calendar, 2020 is a year of Mice, which is distinguished with its hard-work, energy, does not fear of constraints, is resolute and the main thing, it is tireless in work. Generous yields are expected the Year of Mice.

We had major reforms in 2019, have started many grandiose projects. We have put into operation the only in the world plant for production of eco-friendly gasoline from natural gas in Ahal Velayat in the year held under slogan “Turkmenistan – Home of Prosperity!. New schools, kindergartens, street and many other facilities have been opened in the capital and regions. Thousands of happy families celebrate new home-warming parties, having received keys from new comfortable apartments. Water purifying stations, hothouse farms and other facilities have been opened, thousands of working places have been created.

2019 will remain in the memory as a year of large-scale works. We have started the construction of Ashgabat – Turkmenabat highway, have laid a foundation of new administration centre of Ahal Velayat. We have started the construction of infrastructural complex of social and production direction near Ak Yayla water reserve next to Altyn Asyr Turkmen Lake.

At the second session of the People’s Council of Turkmenistan, we outlined the objectives related to improvement of activity of representative body of legislative power. We approved the main directions of social and economic development of the country in 2020. We will discuss important subject of the state activity at the session of the People’s Council in new year.

Today, deep reforms are carried out in agricultural complex. Our farmers produced generous yields of agricultural crops this year, having delivered more than 1,651,000 tons of wheat and more than 1,060,000 tons of raw cotton, having successfully completed undertaken contractual obligations. Generous yields of fruits, vegetables and cucurbitaceous crops have been produced.

Dear Compatriots!
My Beloved People!


Medical facilities are built in the capital and regions under slogan “The State for Human Being!” as the health of the nation is the main treasure of our state. Therefore, we pay great attention to development of physical culture, sports and Olympic movement.

Ashgabat has the Olympic village, which hosted V Asian Games in 2017 and the World Weightlifting Championship in 2018. We will have the Asian Futsal Championship, International Tennis Davis Cup Tournament and the World Sambo Championship in the same place next year.

We pay great attention to development of education sphere, upbringing of physical fit and spiritually developed youth with wide world outlook.

Development of our independent state, prosperity of the nation are closely connected with science. Being dynamically developed state, our Motherland confidently integrates into the world scientific space.

We have clearly outlined the main objectives of foreign policy of our neutral state. We set the target – to strengthen the role of our independent country in the world, to bring relations with other states and international organizations to new level.

The policy of our country is supported by the United Nations Organization. this is indicated by the fact of election of Turkmenistan to numerous UN structure this year. By our initiative, the United Nations has adopted the Resolution on Cooperation between the United Nations Organization and International Fund for Saving of Aral Sea on May 28 and on declaration of 2021 as International Year of Peace and Trust. Cooperation with this Organization is a strategic course of our foreign policy and it will remain to be the same.

In 2019, Turkmenistan has chaired in the Commonwealth of Independent States. In this period, the events, which improved the authority of Turkmenistan in the countries of the Commonwealth, has been held on organized level in this period according to our goals for provision of peace, security and sustainable development.

We had the first Caspian Economic Forum as well as International Exhibition of Caspian Innovative Technologies and International Motor Review Türkmen sährasy-2019 under the forum in August. These important events were the main activities for further strengthening of cooperation between Caspian states.

We will continue working in close partnership with international organizations, steadily expanding relations with the states of the world strengthening our positions and authority of independent Turkmenistan in the world arena.

Dear Compatriots!
My Beloved People!


It is 25 years in 2020 since the adoption of the Resolution on Permanent Neutrality of Turkmenistan by the United Nations. Neutral and legal status of our state, which was recognized two times by this competent structure, is our pride and great achievement, our doctrine, which calls for the triumph of peace, friendship, humanity, cooperation for the sake of progress achievement.

The world community highly appreciates our neutral policy. In 2017, the United Nations General Assembly adopted the Resolution on declaration of December 12 as International Neutrality Day. It has become another convincing evidence of big support to our foreign policy. We have all reasons to celebrate the 25th anniversary of permanent neutrality of our sovereign state in 2020.

My Dear Compatriots!

Big work for development of national culture, protection and popularization of our heritage has been made in 2019. Inclusion of national carpet art to the UNESCO List of Intangible Human Heritage was one of bright evidences in this direction. This pleasant event has also taken place in 2019. We will continue developing national culture as our spiritual treasure with all attention.

We declared “Turkmenistan – Home of Neutrality” as a slogan of 2020.

My Dear Friends!

We make 10 percent increment of salary wages for all personnel of budgetary and self-sustained structures, public organizations, pensions and state allowances, student scholarships from January 1, 2020 for improvement of wellbeing of people, enhancement of social and living conditions. We pursue this policy every year.

My Dear Compatriots!
My Beloved Nation!


It is not much time left until New Year 2020. Let New year be the year of peace, prosperity, happiness and great success for all of us! Let love, happiness and prosperity reign in your families in new year!

My Dear Compatriots!
Happy New Year!

 

Chairmanship Declaration on the results of the First Caspian Economic Forum

 On August 11-12, 2019, the First Caspian Economic Forum was held in Turkmenbashi city, Turkmenistan.

Various international events were organized in the framework of the Forum, on the outcomes of which the following was stated:

The role of the Convention on the Legal Status of the Caspian Sea signed by the Heads of States of Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan on the results of the Fifth Caspian Summit held in the city of Aktau, Kazakhstan on August 12, 2019 which creates the conditions for the advancement of cooperation between the Caspian region to a qualitatively new partnership level was underlined;

Recognized that the Agreement between the Governments of the Caspian Littoral States on Trade-Economic Cooperation and the Agreement between the Caspian Littoral States on Cooperation in the field of Transport contribute to further strengthening and development of collaboration between the littoral states in the economic sphere;

Noted that the Caspian Economic Forum platform can become a vital form of cooperation aimed at providing economic growth in the region and beyond its borders;

The necessity of increasing the potential in the area of trade and investment policy, as well as easing the trade process and export supplies potential for the benefit of trade and investments in the Caspian region is highlighted;

It is recognized that the countries of the Caspian region and all the stakeholders, including the private sector, associations and academic circles can maintain active dialogue on the issues of leading practice and measures related to the implementation of goals for ensuring development of economic contacts;

The significance of active participation and assistance on the part of international and financial institutions in the development of international economic cooperation in the Caspian was stated;

The need to unite the efforts for the attainment of considerable potential of the Caspian littoral states’ economic sectors was accepted;

Based on the above-mentioned, the implementation of the following actions is recommended:

1. Take the necessary steps for the enhancement of attractiveness of the Caspian littoral states’ economies with the aim of further active integration of the Caspian region in the international economic space;

2. Encourage the attraction of investments and stimulate innovations in the energy, industry, transport, trade and other spheres of the Caspian littoral states’ economies;

3. Ensure further strengthening of regional cooperation in such areas as social and economic development, environment protection, science and innovations, exchange of economic information;

4. Strengthen cooperation and coordination between the Caspian region and the United Nations’ system, including the regional UN commissions;

5. Hold the Caspian Economic Forums on regular basis in the littoral cities of the Caspian states.

The participants of the Forum expressed gratitude to the Government of Turkmenistan for high-level organization of the Frist Caspian Economic Forum and hospitality shown.

Turkmenbashi city, Turkmenistan
August 12, 2019

 

Objectives of steadfast development of Turkmenistan are specified at the session of the Government

  /   State News Agency of Turkmenistan  /   15.11.2019  /   

President Gurbanguly Berdimuhamedov held regular session of the Cabinet of Ministers where outcomes of work of the branches of national economy for the past ten months, drafts State budget and number of other documents have been reviewed.

Having announced the agenda, the Head of Turkmenistan gave floor to Deputy Chairman of the Cabinet of Ministers G. Myradov who reported on macroeconomic indices for January – October 2019, which indicate stable development of all branches.

The growth rate of the GDP has been provided on 6.3 percent level for ten months of the year. Comparing with the same period of the last year, the production has increased by 6.9 percent in general.

In January – October, the volume of retail trade has grown by 19.1 percent while foreign trade by 4.2 percent comparing with the same period of 2018.

Revenue of the State budget has been fulfilled to the amount of 15.7 billion manats while expenditure part to the amount of 15.6 billion manats for the period under review.

Average salary wages in big and small enterprises is 9.6 percent higher comparing with the same period of 2018. Salary wages, pensions, state allowances and student scholarships has been paid on time.

Construction of 92 social facilities, 218,900 square meters of living as well as 35 water treatment and other engineering facilities has been carried out under the realization of new edition of National rural programme.

In his report, the Vice-premier informed about the drafts of the State budget for 2020, the main directions of social and economic development of the country and Investment programme of Turkmenistan.

The main financial plan of the country in the next year provides 75 percent for development of social sphere as well as increment of salary wages, pensions, state allowance and student scholarships by 10 percent.

Having listened to the report, President Gurbanguly Berdimuhamedov noted positive dynamics of economic indicators for ten months. More details analysis will be given by the results of working visit of the expert of International Monetary Fund.

Speaking of the utmost objectives of the enterprises under supervision of the Vice-premier, the Head of Turkmenistan ordered to take integrated measures for provision of efficient work of the braches of national economy and realization of existing potential.

The President of the country outlined training of management and personnel of economic and financial sections among priority vectors, having given specific assignments. In this context, the focus has been made on the necessity of participation of youth in seminars and exchange of practice in profile institutions of foreign states.

Addressing Vice-premiers G. Myradov and P. Agamyradov, the Head of Turkmenistan highlighted the importance of expansion of international cooperation in the sphere of exchange of specialists.

Continuing the subject, President Gurbanguly Berdimuhamedov ordered to elaborate on the subjects of sending of groups of economists and financiers for study of the basis of digital economy or to invite profile specialists from foreign countries for training of managers and personnel to Turkmenistan.

The Head of Turkmenistan outline the construction of latest technological Centre next to Ashgabat among current objectives. Acceleration of development of the Programme of economic development of the country for the next year, which has to have solid investment base, was named as one of important directions.

The President has focused on the necessity to pay special attention to the plan of construction and keeping of the growth rates of the GDP on high level. Finally, the Programme will be reviewed and adopted at the session of the Cabinet of Ministers by the outcomes of this year, the Head of Turkmenistan said, having addressed the Vice-premier with number of specific assignments.

Chairman of the Supreme Control Chamber G. Mushshikov, who was invited to the session, reported on the results of analysis held on implementation of cashback service implemented by the banks of the country.

Implementation of the cashback system to work of local banks is to support the improvement of competitive advantages, active attraction of users of payment cards, the Head of the State said, having addressed relative leaders with number of assignments for provision of legal regulation of relations appearing during the provision of this service.

After, the Head of the Supreme Control Chamber has informed about the results of inspection of fulfilment of the Programme of improvement of labour occupancy sphere and opening of new work places in Turkmenistan in 2015 – 2020, provision of the population of the country with work and organization of the state control of fulfilment of labour legislation.

Summing up the report, the Head of the State noted that practical measures in this sphere are aimed at creation of necessary guarantees for realization of constitutional rights of citizens for work, selection of profession and place of work, performance of any activity, provision of safe work conditions, development of social partnership between the sides of working relations.

Having focused in priority of this subject, President Gurbanguly Berdimuhamedov ordered the Vice-premiers to study in details the results of inspection carried out by the Supreme Control Chamber and to take proper measures to eliminate deficiencies as well as to present relative report about work that has been done at the next session of the Government.

Prosecutor General B. Atdayev, who was invited to the session, was ordered to implement strict prosecution control for solution of important objectives for improvement of wellbeing of the people.

The Head of the State has reprimanded Minister of Labour and Social Protection of the population, Board Chairman of the Pension Fund of Turkmenistan M. Sylapov for unsatisfactory fulfilment of his duties and failures admitted in work.

Next, Deputy Chairman of the Cabinet of Ministers M. Meredov reported on the outcomes f work of the branches under his supervision for nine months of the year.

Information about technical and economic indicators reached in oil and gas condensate, natural and associated gas production as well as export of gas and development of investment. The plan of oil refining has been fulfilled by 101.8 percent, gasoline production by 100.1 percent, diesel fuel by 103.5 percent for the period under review.

Summing up the report, the President of Turkmenistan outlined number of objectives for further improvement of activity fuel and energy complex. In particular, the Head of the State highlighted that it is obvious that production indicators are behind annual plan in oil and gas complex by the results of ten months.

It was noted that low rates of introduction of advanced technologies, passive works for placement of high-quality petroleum production and polypropylene film in the world market are the main reasons of this. The shortages are also admitted in placement of petroleum production in local market.

The President has demanded to activate the rates of implementation of advanced technologies in production, to improve the efficiency of overhaul maintenance of wells, to attract leading foreign companies for development of new fields, increment of oil production from hardly accessible and complicated layers.

At the same time, special focus has been made on the subjects of oil refining and production of the main petroleum products, placement of this production and polypropylene film in the world and local markets.

It is necessary to introduce modern technologies including by the attraction of foreign investments to production for achievement of planned indicators and growth rates comparing with the last year, the Head of the State highlighted. At the same time, it was noted that the sphere of joint activity with foreign companies has to be expanded and new directions of cooperation have to be defined.

The President of Turkmenistan pointed out that it is necessary to increase production of petrochemical production and to study logistic opportunities for entry to new markets, to arrange work of the plant producing eco-friendly gasoline from natural gas properly.

The Head of the State ordered to analyse the work of Turkmenbashy Refinery Complex, to determine perspective directions of its further multi-profile development using new forms of management.

The President ordered to take necessary measures for introduction of digital technologies to production process, expansion of variety and improvement of quality of petroleum production as well as to continue relative activity for their promotion in the world market. Having addressed the Vice-premier, Turkmen leader informed that meeting for discussion of these subjects would take place soon.

Deputy Chairman of the Cabinet of Ministers B. Ovezov made report on the outcomes of activity of ministries and departments of industrial and communication complexes of Turkmenistan in January – October. They have accomplished production plan by 120 percent.

The growth rate of production of the Ministry of textile Industry has reached 145.3 percetn.

This indicator of the facilities of Türkmenhimiýa State Concern for production of mineral fertilizers was 160.8 percent; the plan for production of technical iodine has been fulfilled by 113.1 percent.

The growth rate of production and services of the Ministry of Industry and Communication was equal to 108.2 percent.

This indicator of the Türkmensenagat Agency was 108.6 percent, Türkmenawtoulaglary Agency – 127.1 percent, Türkmendemirýollary Agency – 100 percent, Türkmenhowaýollary Agency – 103.5 percent, Türkmendeňizderýaýollary Agency – 194.4 percent, Türkmenaragatnaşyk Agency – 106.2 percent.

The growth rate in cargo and passenger transportation by automobile, railway, air and sea transport was 103.2 and 100.5 percent respectively.

Addressing the Vice-premier, President Gurbanguly Berdimuhamedov noted that national industrial and communication complex is based on advanced technologies and this is the complex that mainly defines the development of the economy. However, some of the ministries and departments are not able to cope with set objectives including Türkmenhimiýa State Concern.

Focusing on the work of Türkmensenagat Agency, the Head of the State pointed out the importance of timely provision of construction sites with building materials such as cement and fittings, having demanded to pay more attention to the improvement of activity of the ministries and departments.

The branches have to work fruitfully and bring profit to the state. The industry has to be developed by wide attraction of entrepreneurs. In this context, the President noted that this is about diversification of competitive industrial branch, which is based on innovations, and its infrastructure. It will serve as a solid foundation for development of all branches of economy especially for making of import substitutive production.

It is necessary to study the matters related to cargo traffic and to elaborate on the programmes of digitization of national economy and training of relative specialists, the Head of the State said.

It is necessary to pay special attention to further development of television and communication.

Immediate measures are required for repair of railways, the President highlighted, having ordered the Vice-premier to analyse the work of the ministries and departments and to take proper measures for its further improvement.

“We will come back to these subjects at the session of the Cabinet of Ministers on the outcomes of the year”, - the Head of the State summed up. Having noted the importance of the set objectives for realization of the State Programme of industrialization of the country until 2030, the President informed that the session, where these subjects would be reviewed in details, would take place shortly.

During the session, the President of Turkmenistan reprimanded Chairman of the Türkmensenagat Agency of the Ministry of Industry and Communication of Turkmenistan R. Ovezov for unsatisfactory fulfilment of duties and non-fulfilment of the objectives set to the Agency.

Deputy Chairman of the Cabinet of Ministers Ch. Purchekov reported to the President about the results of activity of construction and energy complex, structures of municipal service and capital administration in January – October this year.

Production and service plan of the Administration of Ashgabat was fulfilled by 105.3 percent with the growth rate of 118.9 percent.

The same indicators of the Ministry of Construction and Architecture for nine months of the year were 100.3 and 105.5 percent respectively.

Production, work and service plan of the Ministry of Energy was executed on 95.5 percent level.

Having listened to the report, President Gurbanguly Berdimuhamedov ordered the Vice-premier and Minister of Construction and Architecture S. Selimov to enhance the rates of reforms in construction complex, having focused on the preparation of specialists of this profile, opening of new construction and technological companies as well as on activation of relative activity overseas and receiving income in foreign currency.

Having expressed discontent with work carried out by the Vice-premier and Minister of Energy M. Artykov, the Head of the State pointed out that the Ministry of Energy has not fulfilled planned objectives and despite all available capabilities, the volumes of export of energy to foreign countries are very low.

In this regard, the President demanded to make thorough analysis of existing situation and to take immediate measures for its correction.

Big money are spent for development of energy sphere, which means that it has to show an income, the President highlighted, having ordered the Vice-premier to report on work in this direction at the next session of the Cabinet of Ministers.

During the session, President Gurbanguly Berdimuhamedov has also signed the Resolution on approval of duties and responsibilities of the Deputy Chairman of the Cabinet of Ministers for construction, energy and municipal service.

Deputy Chairman of the Cabinet of Ministers Ch. Gylyjov reported on the outcomes of work for development of trade sphere and private section of the economy in January – October 2019.

Growth rate of total volume of trade of the Ministry of Trade and Foreign Economic Relations was 28.5 percent for ten months comparing with the same period of the last year. At the same time, retail trade has increased by 12.8 percent while the wholesale trade by 40.7 percent. The growth rate of production was equal to 12.3 percent.

The State Commodity and Raw Material Exchange has conducted 209 exchange trade session and registered 25,448 contracts. The growth rate of overall income has made 41 percent.

The growth rate of services of the Trade and Industrial Chamber was on 54.8 percent level. 17 exhibitions and 23 conferences have been held in January – October.

Companies of the Union of Industrialists and Entrepreneurs have made 10.2 percent more of industrial and 16.1 percent more of agricultural and food production.

Having focused on the importance of elaboration of the increment of volumes of international trade, President Gurbanguly Berdimuhamedov highlighted that special attention has to be paid to the increment of export oriented production.

Speaking of coming winter, the Head of the State pointed out the necessity to hold under control filling of the markets and shops with various goods, having addressed the Vice-premier and Minister of Trade and Foreign Economic Relations O. Gurbannazarov, who was invited to the session, with specific assignments.

It is necessary to enhance the work of the Union of Industrialists and Entrepreneurs, the President continued, having noted that the Government would continue rendering comprehensive support to private sector.

In his turn, Chairman of the Cabinet of Ministers E. Orazgeldiyev reported to the Head of the State about the results of work of branches under his supervision for ten months of the year, seasonal agricultural works in the velayats.

In general, the growth rate of production volumes, works and services in agricultural complex was 107. 1 percent. The indicator of the Ministry of Agriculture and Natural Production has reached 106.4 percent, the State Fishery Committee – 114.2 percent, the State Association of Türkmen atlary – 106.6 percent. The plan of investment development has been executed by 108.3 percent.

Draft Resolution on allocation of land plots for construction and production purposes to the Government organizations, which has been development by the members of velayat, Ashgabat and the State Commission for Land Affairs, to the President of Turkmenistan for review. In addition, land plots are planned to be given to the members of the Union of Industrialists and Entrepreneurs for cultivation of agricultural crops and construction of production facilities.

Summing up the report, the President noted that despite the fact that objectives for production of wheat and cotton have been fulfilled completely, the officials of agricultural complex have important objectives, which solution has to be aaccelerated.

First, it was decided to reduce the fields under wheat and to increase the area of cotton fields. The second subject is a creation of favourable conditions in agricultural complex for business and reduction of the Government sector. The third, it is necessary to provide rational use of natural resources. Special attention has to be natural protection.

The fourth subject is related to the transfer of agricultural sphere to digital system, the Head of the State continued, having noted that it is necessary to develop profile education and science, to expand spectrum of information and consulting services.

Having highlighted again that it is necessary to accelerate work in these directions, President Gurbanguly Berdimuhamedov ordered to present relative report at the session of the Cabinet of Ministers on the outcomes of this year.

Having addressed the Vice-premier with number of specific orders, the Head of the State signed the Resolution on allocation of land plots to the Government organizations and members of the UIET.

Deputy Chairperson of the Cabinet of Ministers B. Abdieyva reported on the outcomes of work of the spheres under her supervision for ten months of the year.

Various cultural events provided by the Programme of development of cultural sphere of Turkmenistan in 2019 – 2025 have been organized since the beginning of the year.

The Days of Culture of the Kingdom of Saudi Arabia have been held in Turkmen capital and Mary. The Days of Turkmen Culture have been organized in Iran, turkey, Belarus and the Republic of Tatarstan, Russian Federation.

Ashgabat hosted XIV Forum of Scientific and Cultural Personnel of the CIS members in the second half of May and IV Vienna Ball and the concert of Turkmen – Austrian Galkynysh Orchestra in October.

Presented information about financial and business activity of Turkmen Publishing Service, the Vice-premier informed that the plan has been fulfilled by 132.1 percent.

National mass media has been highlighting the achievements of the country in different spheres, carried out activity for explanation of the meaning and importance of reforms. Work for various movie production has been continued at Oguzkhan Turkmenfilm Association. Number of movies has been released.

Having listened to the report, President Gurbanguly Berdimuhamedov noted the necessity to hold under strict control the activity of cultural sphere, to improve such activity taking into account modern requirements and innovations.

Number of assignments has been given to Minister of Culture A. Shamyradov, who was invited to the session of the Government.

The Head of the State noted that protection and study of historical and cultural heritage, its wide popularization in the world are the main objectives of the personnel of the above-mentioned sphere.

Speaking of this, the President of Turkmenistan pointed out the importance to give new impulse and innovative character to this work, to activate measures for protection, study and enhancement of national heritage, creation of all conditions for comprehensive artistic activity.

Deputy Chairman of the Cabinet of Ministers P. Agamyradov reported on the outcomes of activity of the branches under his supervision in January – October 2019 and noted that the reforms in education, science and health protection spheres are continued.

Having successfully performed at international project and discipline contests, school students won 140 medals including 37 gold, 31 silver and 72 bronze medals. University students representing Turkmenistan in international discipline contests have won 36 medals (9 gold, 11 silver and 16 bronze medals).

Continuing the report, the Vice-premier informed about fulfilment of scientific works in scientific and research institutes and high educational institutes of the country. reforms in the sphere of national health protection sphere are continued. Active work under cooperation with international organizations in this direction is carried out.

Big work for development of physical culture and sports, Olympic movement, expansion of fruitful partnership in this sphere is carried out. Preparation of the World Sambo Championship, World Track Cycling and Asian Futsal Championship in Turkmenistan is continued.

National team continues training in the context of preparation to XXXII Summer Olympic Games, which are to be held in Tokyo in 2020.

136 local competition and 87 mass sport events have been held in the country for the period under review. Our sportsmen took part in 161 international competitions specifically in 28 World Championships, 35 Asian Championships, 98 other tournaments, having won totally 258 medals (85 gold, 85 silver and 88 bronze medals).

Summing up the information, the President Gurbanguly Berdimuhamedov expressed his discontent with low level of involvement of infrastructure of sport sphere and use of experience of conducting of Asian Games.

Having focused on low rates of digitization process in the structures of the Vice-premier’s supervision, the Head of the State ordered to continue work on modernization of equipment and facility, scientific and methodological base of all level of education, health protection and sports.

Deputy Chairman of the Cabinet of Ministers, Foreign Minister R. Meredov reported on the results of activity of the Ministry for ten months of the year in the context of realization of foreign strategy of independent neutral Turkmenistan and fulfilment of assignments give by the Head of the State.

It was highlighted that our country led by President Gurbanguly Berdimuhamedov develops relations of friendship, goodwill and beneficial cooperation in interstate format as well as constructive dialog under competent international and regional organizations.

In this aspect, the main role is given to visits and high-level talks. Thus, visits of turkemn leader to the Republic of Tatarstan, Russian Federation, the Republic of Singapore, Japan, the Republic of Azerbaijan, the Republic of Italy as well as visits of the President of the Islamic Republic of Afghanistan, the King of Bahrein, the President of Korean Republic, the Prime Minister of Malaysia to Turkmenistan have been held this year.

Important agreements reached by the outcomes of the visits and signed documents gave new impulse to development of effective partnership, which meets the interests of common progress and wellbeing.

Under the chairing of Turkmenistan in the Commonwealth of Independent States this year, Ashgabat hosted the sessions of the Heads of Governments of the CIS and Heads of the CIS states. Consultations between foreign departments of our and other countries are held on regular base.

14 sessions of joint Intergovernmental Commissions have been held since the beginning of the year for further realization of fruitful trade and economic, humanitarian and cultural cooperation. At the same time, 13 bilateral business forums have been organized in January – October this year.

Information related to International Conference of Transport Ministers of developing countries, which have no sea access, in 2020 has been presented within the report. As is known, relative proposal has been made by Turkmen side at the 74th session of the United Nations General Assembly.

Having listened to the report and speaking of International Conference of Transport Ministers of developing countries, which have no sea access, in 2020, the President of Turkmenistan highlighted the importance of expansion of effective cooperation in strategic transport and communication section, which is the main segment of the world economy in modern conditions, which makes direct effect on stability and balance of the world economic relations.

Speaking of this, the President ordered to provide high organizational level of preparation to coming forum, which is to be one of the main stages of development of the Ashgabat process, which was put during the first Global UN Conference on Sustainable Transport.

The Head of the State has also ordered to start preparation of the plan of international activities for the next year, foreign visits of delegation of our countries and foreign delegations to Turkmenistan as well as international conferences and meetings, having noted that this subject would be reviewed in the end of the year.

Chairperson of the Mejlis G. Mammedova informed President Gurbanguly Berdimuhamedov about activity of National Parliament for the past ten months.

It was mentioned that 50 Laws of Turkmenistan and 30 Resolutions of the Mejlis, which support further legal provision of intensive development of the economy, realization of social policy, large-scale reforms in all spheres, strengthening of democratic and legal bases of the State, have been adopted.

Working trips have been organized for expansion of international cooperation and inter-parliamentary relations and study of legal activity.

Deputies of the Mejlis were taking part in the session of the Parliamentary Assembly of the Organization of Security and Cooperation in Europe, the CIS Inter-parliamentary Assembly, Inter-parliamentary Union as well as in the events held in number of foreign countries and dedicated to subjects of gender equality, changes of climate, health protection, administrative production and other fields.

Measures for improvement of parliamentary system and legal status of the People’s Council are taken. Deputies actively work on explanation of meaning and importance of foreign and home policy of the country and adopted legal documents.

Having listened to the information, President Gurbanguly Berdimuhamedov highlighted the importance of further steadfast activity of the Mejlis for strengthening of legal base of the country, implementation of decisions made at the session of the People’s Council.

Session of the Constitutional Commission for development and summarization of proposals related to the amendments and addendums of the Main Law would take place shortly, the Head of the State said, having given instruction to the Speaker of the Parliament to stratr preparation of relative documents.

Summing up the session and addressing the members of the Cabinet of Ministers , the President of Turkmenistan noted that result of work of branches of national economy for ten months indicate that home and foreign policy of the country is implemented in strict compliance with the principles of neutrality goodwill and beneficial cooperation.

As before, we achieve high rates of development in the economy, the Head of the State noted. The growth of production indicators meets planned objectives almost in all branches.

Today, the time requires us to take immediate measures for provision of dynamic economic development, acceleration of its rates, achievement of all set objectives despite the changes in the world economy.

We have an objective to keep achieved positive indicators until the end of the year and to improve them in the next year. One and half month are left until the end of the year. We have to solve many issues for its successful completion and confident entry to new 2020, the President of the country highlighted.

Having ordered the members of the Cabinet of Ministers to review the Draft State budget for the next year, the Head of Turkmenistan pointed out that it is necessary to elaborate on the subjects related to steadfast improvement of wellbeing of the nation.

Finishing the session of the Cabinet of Ministers, President Gurbanguly Berdimuhamedov wished strong health, family wellbeing and great success in work to all participants.

 

Outcomes of the country development for 5 months are reviewed at the session of the Government

  /   State News Agency of Turkmenistan  /   06.06.2019  /  

President Gurbanguly Berdimuhamedov held regular video conference session of the Cabinet of Ministers where outcomes of work of the branches of national economy for five months of the year have been summed up as well as current subjects of the state life have been discussed.

Durina January – May, the high production indicators have been achieved in all branches of national economy.

The growth rates in industry made 4 percent, transport and communication sphere 10.1 percent, trade 11.8 percent, agriculture 3.5 percent, service sphere 8 percent. Positive dynamics is observed in construction industry as well.

In general, the production by ministries and profile departments increased by 6.3 percent comparing with the same period of the last year.

The volume of retail trade for five months has grown by 19.1 percent comparing with the same period of 2018.

For January – May, the revenue of the State Budget of the country was equal to 7.53 billion manats while expenditure part 7.49 billion manats.

Comparing with the same period of the last year, the average salary wages in big and medium facilities have increased by 9.5 percent.

Volumes of export of national production increased by 14 percent and at the same time, import of goods has been reduced by 20 percent. Comparing with the same period of the last year, high growth rates have been reached in all branches of the economy.

We saved some finances in the result of successful activity of economic complex and started the construction of numerous settlements in the regions of the country. The construction of administration centre of Ahal Velayat has also been started. At present time, we work on the construction of new complex of facilities in the north of Ashgabat, the Head of the State said.

According to adopted plans, the policy of diversification of supplies of energy resources to the world markets is carried out. The projects of construction of the main gas pipeline Turkmenistan – Afghanistan – Pakistan – India as well as other regional projects are implemented , the Head of the state noted.

Top level Turkmen-Italian talks in Rome on November 7

  /   State News Agency of Turkmenistan  /   06.11.2019  /   

The President of Turkmenistan arrived in the Republic of Italy on an official visit. High-ranking officials of the friendly country as well as the members of the governmental delegation of Turkmenistan welcomed the President of Turkmenistan in Rome–Fiumicino International Airport.

From the airport, the motor cortege of the President of Turkmenistan headed to the residence at the Rome Cavalieri Hotel.

The talks between President of Turkmenistan Gurbanguly Berdimuhamedov and President of the Republic of Italy Sergio Mattarella and Prime-Minister of the Republic of Italy Giuseppe Conte will take place on November 7. The priority aspects of bilateral relations will be discussed during the top-level talks.

The visit testifies to the enhancement of the Turkmen-Italian dialogue, the dynamics of which proves the commitment of the two states to full-scale cooperation.

As is known, one of the key vectors of the foreign-policy strategy of Turkmenistan is European sphere. In this regard, it should be noted the interest of European partners in developing efficient cooperation with our country at the interstate level as well as in frames of the dialogue – Turkmenistan – the European Union.

Today, businessmen of the two countries has accumulated positive experience in implementing joint investment projects in the oil and gas sector, construction, textile industry and other areas. That is vividly proved by the long-term fruitful cooperation with the world-famous Italian company ENI, which has successfully operated on the Turkmen market since 2008, developing hydrocarbon resources on the Nebitdag contractual territory under the Production Sharing Agreement. Large industrial and infrastructural facilities in our country are supplied with the most-advanced Italian equipment.

Speaking during a meeting of the Cabinet of Ministers of Turkmenistan on November 1, the President of Turkmenistan underlined that wide opportunities for the diversification of the Turkmen-Italian cooperation had opened up today.

The impressive economic and resource potential of our country, the innovative vector of development, large-scale reformatory programmes and infrastructure projects, and the favorable investment climate created in the Turkmen market open up wide opportunities for enhancing cooperation.

Turkmenistan and Italy successfully interact on the international arena, supporting the constructive initiatives and proposals, initiated by our countries in frames of the United Nations Organization and other authoritative international structures. Our countries have close positions on such key topics as strengthening peace and security, transport and energy diplomacy, and achievement of the Sustainable Development Goals.

Turkmenistan and Italy pay particular attention to humanitarian cooperation, in particular in the fields of education and science, tourism and sports is seen as promising.

During the upcoming high-level talks in Rome, it is planned to sign a package of bilateral documents, aimed at strengthening the legal framework of bilateral partnership.

 

Economic indicators of the first quarter indicate stable growth

Outcomes of the first quarter demonstrate that the economy of Turkmenistan is steadily developed. The growth rates of the GDP remains on 6.2 percent level from the beginning of the year.

Comparing with the same period of the last year, volumes of export of local good have grown by 20.7 percent while import reduced almost by 27 percent.

Volumes of production of various items have increased comparing with the same period of the last year. Positive dynamics of production of confectionary and meat products as well as flour, bread, bakery and pasta has been observed.

The growth rate of indicators in transport and communication sector was observed for the period under review. Cargo traffic by all modes of transport has been increased by 6.4 percent while passenger traffic by 4 percent in January – March comparing with the same period of 2018. The growth rate in communication sphere is equal to 2.7 percent.

The growth rates of agricultural production were provided on 28.2 percent level.

The volume of drawn investments from all sources of financing was 5 billion manats.

The growth of non-governmental sector of the economy, which share in total production was 63.3 percent, has also been reached in the first quarter of the year.

By April 1 of this year, the revenue of the main financial plan of the country has been fulfilled by 104.7 percent while the expenditure part by 84.3 percent.

Average salary wages at big and medium facilities have increased by 9.4 percent comparing with the first quarter of the last year. Salaries, pensions, state allowances and student scholarships have been paid in time for the period under review.

Japan is a leading foreign investor in Turkmenistan

Japan is a leader in the structure of foreign investments allocated for the implementation of large projects in Turkmenistan, Chairman of the Board of Vnesheconombank of Turkmenistan Rahimberdy Djepbarov said at a business forum in Tokyo.

For 9 months of 2019, Japan, China, South Korea, Germany and the United States are the Top-5 countries in the structure of foreign investments.

Jepbarov informed Japanese business that, for the first half of 2019, the volume of foreign trade of the country amounted to $7.2 billion, including export – $4.7 billion, and import – $2.5 billion. That is, the surplus is $2.2 billion.

Long-term cooperation with companies and financial agencies of Japan is an example of the effective implementation of the investment potential of Turkmenistan. There are 10 investment projects amounting more than $7.6 billion in the portfolio of Vnesheconombank of Turkmenistan. The share of Japanese investment is $ 4.6 billion.

As for the industry share in the structure of foreign loans, the gas-and-chemical industry is at the first place here – more than half out of the total volume.

The construction of the second stage of a plant for the production of gasoline from natural gas in Akhal region, another carbamide plant and a gas-and-chemical complex in Balkan region, new chemical facilities in Lebap region as well as many other both industrial and transport projects, including of regional importance, are among the new investment projects.

21.10.2019

According to IMF experts, GDP growth in Turkmenistan will be high

  /   State News Agency of Turkmenistan  /   12.04.2019  /  

On March 26 - April 9, the IMF mission, led by Natalia Tamirisa visited Ashgabat to assess the development of the macroeconomic and financial situation, discuss the priorities of the economic policy of Turkmenistan, as well as global economic challenges.

In frames of the visit, the representatives of this largest structure held a number of meetings with senior officials of government administration bodies, the representatives of business circles, financial sector and diplomats, during which they were familiarized with the main results of the socio-economic reforms, taken place in the country.

Upon the completion of the visit, the IMF mission published a press release, providing prediction estimates on some economic and financial positions of Turkmenistan in 2019. Thus, according to experts, the GDP growth in Turkmenistan will be high - 6.3% that is one of the highest rates in the world, and the highest among the neighboring countries in the Central Asian region.

The Head of the IMF mission provided recommendations for the further economic development of the country, which are consonant with the programme objectives set by the President and consistently implemented in the state policy of Turkmenistan.

Among them are, in particular, the acceleration of market reforms and strengthening of human capital, privatization of state-owned enterprises, improvement of the legal system, enhancement of the competitiveness of export products, diversification of the national economic complex and investment promotion.

In these and many other relevant areas, President Gurbanguly Berdimuhamedov identified specific measures and mechanisms for achieving the goals, laid down in the basis of the Programme for the Socio-Economic Development of the country for 2019-2025. In particular, the Programme stipulates the tasks of the most complete utilization of all resources and opportunities for the stable growth of the national economy, development of the private sector, creation of joint-stock companies, strengthening the activities of stock exchanges and the security market.

The President of Turkmenistan pays particular attention to the digitalization of the economy and strengthening human resources in this area, introducing electronic and intellectual systems to improve the efficiency of public administration and the quality of people’s life, reforming and modernizing agriculture through high technologies and attracting small- and medium-sized businesses. The state policy, pursued by the President of Turkmenistan, prioritizes the investment into the spheres of education and health care, strong support to such areas as culture and sports.

Regular assessments and forecasts by IMF invariably confirm that Turkmenistan confidently continues its socio-economic development, consistently implementing large-scale plans. In the process of structural and qualitative transformations in the country, the national model of market economy is being formed and improved, which is actively integrated into the world division of labor, global trade and information links.

The International Monetary Fund is a partner of Turkmenistan in conducting economic reforms. IMF provides technical assistance to support the ongoing macroeconomic reforms. The next visit of IMF is scheduled for October 2019.

President of Turkmenistan proposes new approaches to economic cooperation in CIS

Speaking at the Ashgabat meeting of the Council of CIS Heads of State, the President of Turkmenistan outlined the economic partnership as an important component of cooperation between the CIS.

As emphasized, Turkmenistan stands for offering new impetus to the development of trade and economic ties in the Commonwealth. With this aim, during the CIS Summit in Sochi in October 2017, Turkmenistan put forward an initiative to draft and adopt a multilateral document that defines the basic principles and vectors of cooperation of the Commonwealth states in this field.

Noting that the Declaration was drafted and put on the agenda of the current meeting of the Council of Heads of State, President Gurbanguly Berdimuhamedov underlined that its adoption would require the development of new approaches to boosting economic activity in the CIS.

“The strategy of the CIS economic cooperation should take into account the changes, taking place in the global economy today. It is necessary to respond to these trends in a timely manner, take into account the focus, and use the existing competitive advantages to form and promote the CIS economic agenda in the context of global economic processes” emphasized the President of Turkmenistan..

Highlighting such strategic areas as energy, industry, transport and trade, the Turkmen leader expressed confidence that the CIS was able to implement large-scale and long-term projects in these areas.

“The Commonwealth of Independent States, due to its geopolitical and geo-economic positions, should play an initiative role on the continent, take an active part in the development and expansion of trade and economic partnership between the East and the West, Asia and Europe. In this regard, the most important task is the participation of our countries in the implementation of various projects with other states, access to neighboring regions where we have something to offer to our partners in the economic, innovative and technological spheres”, President Gurbanguly Berdimuhamedov emphasized.

The President of Turkmenistan proposed to consider a plan of joint actions to enhance economic cooperation in the CIS with a focus on the possible formation and development of energy, industrial, transport and trade corridors connecting the Commonwealth states with world markets at the first meeting of the Economic Council in 2020.

As noted, if this initiative is supported by the Economic Council in the future, we can suggest the Council of the Heads of Government of the CIS to discuss the possibilities of its implementation in specific economic projects.

 

Aspects of Turkmen – Japanese cooperation are discussed at the meeting in the Foreign Ministry

  /   22.01.2019  /  

Meeting with Japanese delegation chaired by Co-chairman of Japanese – Turkmen Committee for economic cooperation Yoichi Kobayashi was held in the Ministry of Foreign Affairs on January 21.

During the meeting, the sides noted high level of cooperation between Turkmenistan and Japan especially in economic, cultural and humanitarian spheres. Subjects of joint projects for supply of Komatsu agricultural equipment as well as joint investments with the participation of Japanese Bank of International Cooperation have been reviewed. Relative Protocol has been signed by the outcomes of the talks.

It is worth mentioning that representative delegation of Turkmenistan has visited Japan in October 2018, during which the expansion of bilateral cooperation in trade and economic sphere has been discussed.

CIS Ministers of Foreign Affairs hold meeting in a narrow format

State News Agency of Turkmenistan  /   10.10.2019

CIS Council of Ministers of Foreign Affairs started its meeting in a narrow format. The heads of diplomatic agencies exchanged views on the important aspects of international relations and interaction within the CIS.

During the meeting, the parties agreed on the adoption of the Programme of Actions to intensify partnership between the CIS foreign-policy agencies. This document is aimed at ensuring the most favorable conditions for the agreed activities on the international agenda.

According to President Gurbanguly Berdimuhamedov, Turkmenistan considers it important to strengthen the political and diplomatic cooperation through enhanced partnership between the CIS foreign-policy agencies and the creation of effective mechanisms for systematic, regular multilateral political consultations based on a medium-term programme of actions in this area.

One of the important directions for strengthening cooperation between the CIS foreign-policy agencies is the joint work on the formation of a positive international agenda. In this context, it was underlined the significance of consultations with the aim to coordinate the positions of our states in the UN General Assembly on the priority issues.

One of them is the implementation of the 2030 Agenda. Turkmenistan expressed willingness to discuss the practical implementation of the Sustainable Development Goals with all CIS countries in order to provide mutual support to each other in the implementation of initiatives put forward by our states at the UN platform.

The documents that will be submitted to the Council of CIS Council of the Heads of States for signing on October 11 were also agreed. Among them is a draft Appeal of the heads of CIS member states to the peoples of the Commonwealth and the world community in connection with the 75th anniversary of the Victory of the Soviet people in the 1941-1945 Great Patriotic War.

The Ministers of Foreign Affairs of the CIS countries were also invited to participate in the International Conference on Peace, Security and Sustainable Development, to be held in Turkmenistan on December 12, 2020, and to celebrate anniversary events on the occasion of the 25th anniversary of Turkmen neutrality.

 

Implementation of the state investment programme: Key vector of activity of the Bank for Foreign and Economic Affairs

Investment policy of President Gurbanguly Berdimuhamedov is aimed at the provision of high rates and improvement of efficiency of the economy. Attraction of foreign capital to the economy of Turkmenistan acquires great importance for solution of these objectives as well as for further promotion of marketing reforms, structural changes of national economy, improvement of innovative component in the conditions of active integration to the system of global trade, scientific and technological relations.

Summing up strategic priorities of investment policy of the state, the President follows existing competitive advantages of Turkmenistan in the world market, which at first, are expressed in the availability of colossal natural resources, beneficial geographic location and transit potential. Turning of the country into important transport and logistic hub of the region and continent, industrial development of natural resource deposits and production of ready-made goods from local materials with high-added value became key economic vectors of our state.

Selection of the most efficient ways of technical and technological development based on long-term forecast, analysis of external and local factors, consideration of resource base represent innovative strategy of the country in general as well as certain branches and facilities. The Head of the State notes that investment to innovative productions allows giving efficiency to the programme of development of important spheres of national economy, supporting local including private producers, successfully replacing the import and expanding export capabilities by demanded goods, which are the sources of growing income of the country.

Implementation of the state investment programme for formation of mixed national economy and provision f further prosperity of the country are leading directions in the workd of the State Bank for Foreign Economic Affairs of Turkmenistan, which operates as an agent of the Government of the country on international capital markets. The bank has gained unique experience of cooperation and collaboration with different foreign financial organizations in the sphere of attraction of foreign credits to national economy. 2018 was very successful in this aspect.

For example, in February last year, the Bank for Foreign Economic Affairs of Turkmenistan has signed credit agreement with the biggest banking concern of Germany Commerzbank to total amount of 121,082,500 euros for financing of supply of agricultural equipment of European make (Germany, France, Italy, Netherlands) for the Ministry of Agriculture and Water Management.

Conditions for participation of transnational companies in implementation of the projects in Turkmenistan have been created owing to the open door policy of President Gurbanguly Berdimuhamedov together with the measures for creation of general favourable investment climate. For example, two credit agreements have been signed with Japanese Bank of International Cooperation and other financial institutes to the amount of 152,618,478.35 US dollars and 13,101,782,598 Japanese yen for financing of the turnkey construction of 432 MW gas turbine power station in Charjew etrap, Lebap Velayat.

This major investment project has been started in November 2018. Japanese Sumitomo Corporation and Mitsubishi Hitachi Power Systems as well as Turkish Rönesans Holding are involved in this project. Built by the order of the State Power Energy Corporation Turkmen Energy, the facility will not only provide the electricity to Lebap Velayat but will also increase the export of power to neighbouring Afghanistan.

According to the Programme of social and economic development of Turkmenistan in 2018 – 2024, total volume of power energy produced in the country is planned to be increased to 33 billion kilowatt-hours. Improvement of potential of the industry will support further integration f the country to the world energy system, President Gurbanguly Berdimuhamedov highlights giving special attention to this sphere in consolidation of economic power of the country.

Expansion of geography of export routes of supply of Turkmen energy carriers to the world markets would be supported by the Agreement with the Asian Development Bank to the amount of 500 million US dollars for financing of the project of modernization of energy network of Turkmenistan.

In this regard, it is worth to make special mention that active connection of Turkmenistan to unified Central Asian energy system plays an important role in creation of additional capabilities of increment of supplies of Turkmen power energy under international project Turkmenistan – Uzbekistan – Tajikistan – Afghanistan – Pakistan (TUTAP).

Making its contribution to the achievement of the Sustainable Development Goals by Turkmenistan, the Bank for Foreign Economic Affairs has been continuing active cooperation with the UN Development Programme throughout 2018 under the Project Document with this competent international organization signed in October 2017. The partnership between the Bank and the UNDP was carried out in three main directions: improvement of mechanisms of coordination of national projects in development sphere financed by foreign credits; elaboration of middle-term strategy of innovative development of the Bank and; preparation to the introduction of digital banking in the Bank for Foreign Economic Affairs.

In the result, middle-term strategy of bank development including the introduction of digital banking has been developed with the support of the UNDP and close cooperation with the world famous consulting company Pricewaterhouse Coopers Audit S.R.L.

This strategy provides the improvement of the bank activity in all directions especially in the sphere of application of information technologies, which meets the objectives of the Concept of development of digital economy in Turkmenistan in 2019 – 2025 initiated by President Gurbanguly Berdimuhamedov. Targeted implementation of new strategy will allow considerably expand the spectrum of banking services, improving the quality and speed of services.

The document on regulation of crediting of the project financed by international and foreign institutions has been developed in the partnership with the UNDP in 2018. Adoption of this project is aimed at systematization of cooperation between the Bank and ministries and organization of Turkmenistan, it will expand the capabilities and geography of cooperation with foreign financial institutions for attraction of external credits to national economy.

Stable economic and political situation in the country, legal guarantees and Government support are among the main factors of growing attractiveness of Turkmenistan for foreign investors. Such fundamental principles as support of the entering of the country to the wolrd economy through the improvement of its export potential and level of industrialization, development of technological processes, establishment of socially oriented market economy and improvement of life level of the population have taken into consideration during elaboration of integrated measures for stimulation of investments in near future.

President Gurbanguly Berdimuhamedov highlights that together with the increment of investment volumes, it is necessary to provide the improvement of their efficiency including in improvement of organization of productions, formation of bank of investment projects supporting the growth of competitiveness of the economy of Turkmenistan in global scale.

The President of Turkmenistan holds working session on development of banking sphere

 State News Agency of Turkmenistan  /   10.09.2019  

President Gurbanguly Berdimuhamedov held working session with participation of Chairman of the Central Bank M. Annadurdiyev and Board Chairman of the State Bank of Foreign Economic Affairs R. Jepbarov where key objectives of the leading credit institutions of the country and issues of financing of the Programme of social and economic development of Turkmenistan in 2019 – 202, the Concept of transit to digital economy, attraction of investments for implementation of the projects in national economy have been discussed.

First, the head of the Central Bank reported to the Head of the state about the work of the structures under his supervision.

In particular, the information about the financing of digitization of the branches and industrialization of national economy, changes of conditions in the regions of the country, strengthening of positions of national oil and gas sector in the world arena, formation of transport and logistic infrastructure has been presented.

The results of measures taken for increment of volumes of import substitutive and export oriented production, development of agro industrial complex on innovative base and social spheres like health protection and number of other major programmes and projects have been also presented.

Practical measures for improvement of activity of the structures under control were separate subject of the report. It was informed that complex of measures for provision of stability of purchasing power of national currency, sustainability and liquidity of banking sector, reliability of payment system, attraction of investments is under implemented.

At the same time, the works for improvement of level of availability and expansion of spectrum of financial services for citizens and entities of small and medium enterprises, increment of the volumes of the population’s deposits and crediting economically beneficial projects in different spheres are carried out. The information about improvement of the system of non-cash payments using new methods and advanced technologies has been presented.

Having listened to the report, the President Gurbanguly Berdimuhamedov focused on the importance of activation of works in banking sector of the country for successful transit to digital economy. Adequate response to permanently changing situation in the world economy is one of current directions of activity of profile institutuions.

It is necessary to expand the list of banking services offered to the population including through the use of Internet and mobile network capabilities. Special attention has to be paid to the crediting of the projects implemented with participation of representatives of private sector, rapidly developing small and medium enterprises of the Union of Industrialists and Entrepreneurs under the programme of industrialization and other programmes, the Head of the State highlighted, having addressed the Head of the Central Bank with number of specific assignments.

The attracted investments have to be used for financing of major projects in leading branches of national economy, first, in fuel and energy complex, digitization of the branches of national economy, agriculture, transport and communication sectors, President Gurbanguly Berdimuhamedov said.

Reduction of cash circulation and introduction of mechanisms of non-cash payments, which are based on modern banking technologies including bankcards, are among perspective directions, the Head of the State continued. In this regard, it is necessary to approach the regulation of financial operations, which are made using such instruments, with full responsibility, Turkmen leader noted, having ordered to carry out necessary work in this direction.

In his turn, the Head of the state Bank of Foreign Economic Affairs reported on the activity in the structure under his supervision, measures for strengthening of fruitful cooperation with competent international financial organizations and institutions for study of advanced practice in this sphere.

Implementation of investment projects in strategic branches of national economy as well as attraction of foreign business circles investments, which are interested in partnership with Turkmenistan, were separate subjects of the report.

Economic efficiency of joint projects, their social importance and ecological security, search for effective instruments for achievement of firm and long-term success of all participants are fundamental principles of this cooperation.

It was noted that contacts with leading financial structures of Asian Pacific countries such as Japan, the Republic of Korea, China, Singapore and other states have been significantly activated. Number of implemented projects and the ones that under realization, which have an international importance in fuel and energy sphere, transport and communication sector and other field are bright evidence of successful cooperation.

Transnational gas pipelines Turkmenistan – China and Turkmenistan – Afghanistan – Pakistan – India, which have huge social and economic significance not only for our country but for all participating countries as well, are worth special attention among these projects.

The information about the measures taken for expansion of list of services rendered through international payment systems Visa and Master Card, which supports the income of finances of the entities of national economy and improvement of payment capacity of banking sphere has also been presented.

Summing up the report, President Gurbanguly Berdimuhamedov highlighted that while implementing foreign strategy based on the principles of neutrality and making favourable investment climate in the country and all conditions for successful business, Turkmenistan gained high authority in the world arena demonstrating the willingness for long-term and fruitful cooperation with all interested parties.

Activation of strategic partnership of leading foreign investors with our state is provided by political and economic stability in the country, rich natural reserves, its export and transit capabilities as well as industrialization, digitization and steadily developed market.

The Head of Turkmenistan highlighted that solving the objectives for strengthening of economic diplomacy, we pay special attention to the expansion of international cooperation in all directions of economy and service sphere with competent financial institutions, economically developed states, world known companies that have advanced practice and innovative technologies.

The potential of these structures has to be actively used during implementation of investment projects in fuel and energy, agriculture, transport and communication section and other spheres of national and global significance.

Intensification of partnership in the sphere of inter-banking cooperation is one of important subjects, the President continued, having requested to improve legal base of international payments.

The Head of the State highlighted the implementation of digital financial technologies, improvement of efficiency of risk and capital management system, development of the system of corporate management and improvement of business processes, provision of stable development based on increment of income and profitability of bank among actual objectives in the future.

Strengthening of positions in the world banking market will allow the State Bank of Foreign Economic Affairs supporting the status of reliable crediting institution and to be attractive for potential investors.

The focus has also been made on the improvement of professional level of personnel of this sphere, training of personnel, which is able to provide rapid and qualitative development of the economy.

President Gurbanguly Berdimuhamedov highlighted that financial stability remains in Turkmenistan today, stable dynamics of growth in all sectors of national economy is observed, development of social sphere is continued and reformation of the systems of health protection and education is carried out.

The strategy of production of import substitutive products and increment of export supplies volumes, the course toward the activation of industrial branches, which are not related to hydrocarbon resources, support the protection of competiveness of the most sections of Turkmen economy and to expansion of foreign trade operations.

The Head of the State highlighted that economic strategy is oriented more to the attraction of direct investments rather than to credits and loans. Its efficiency lies in the fact that it allow making additional production demand in local market supporting the stabilization of financial and economic situation and does not lead to the growth of foreign debt. This is indicated by the amount of foreign debt of Turkmenistan.

Speaking of the importance of measures for saturation of local market, stimulation of import substitutive production facilities, Turkmen leader stated that export oriented branches supporting the implementation of huge potential of national economy are opened in industry, agriculture and service sphere.

The President also noted that the state budget of the country is made taking into consideration real situation; it provides targeted and well-considered use of finances.

Stabilization Fund, which assets are send for financing of priority investment projects reducing the impact of unfavourable external factors on certain sections of national economy, has a positive influence on economic situation in the country and provide the growth of work productivity and transfer to productive methods of management.

Reforms in budgetary, monetary and crediting sphere, the Head of the state continued, allowed achieving stable economic development and successful solution of structural and social objectives. Providing stability of national currency, the manat, flexible and rational distribution of assets in monetary format among various entities of the economy, financial system supported the enhancement of efficiency of investment processes.

Actual measures for protection of level of macroeconomic indicators, low inflation rate, stable exchange rate of manat, increment of non-cash payments were outlined among the utmost objectives.

The President of Turkmenistan has focused again on the importance of acceleration of works for transit to digital economy. For this purpose, it is necessary to approach the creation of technological platforms responsibly, the Head of the State said, having ordered to strengthen cooperation with competent financial structures.

It is necessary to form an economic environment based on innovations, to accelerate the industrialization of the country in order our state would be able to take deserved place in global market, the Head of Turkmenistan said.

It was mentioned that the Central Bank and the State Bank of Foreign Economic Affairs are the main financial institutes of the country, the locomotives for implementation of adopted programmes and projects.

In this regard, the Head of the State ordered the heads of the banks to hold timely solution of the subjects of financing of social and economic reforms, opening of facilities for production of competitive export product, additional work places, support of entrepreneurship under permanent control.

Having expressed the confidence that successful fulfilment of planned objectives is to support the enhancement of efficiency of not only the activity of banking institutes but also entire national economy, President Gurbanguly Berdimuhamedov wished success in work to the participants of the session.