The State Bank for Foreign Economic Affairs of Turkmenistan

 

Partnership for development!

Signing of the USD 10 Million Line of Financing Agreement between ICD and the State Bank for Foreign Economic Affairs of Turkmenistan

 

Signing of the USD 10 Million Line of Financing Agreement

between ICD and the State Bank for Foreign Economic Affairs of Turkmenistan

 

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB), inked a USD 10 Million Line of Financing agreement with the State Bank for Foreign Economic Affairs of Turkmenistan.

The USD 10 million Shari’ah compliant Line of Financing facility based on Wakala structure will be utilized by SBFEAT to provide financial support to private sector, including Small and Medium Enterprises (SMEs) affected by the COVID-19 pandemic with substantial development impact in Turkmenistan, through Islamic modes of financing.  This financing is the second Shariah compliant Line facility for SBFEAT approved in April 2021, which will to support private sector projects through Shariah compliant products.

Earlier in 2019, ICD approved its fi­rst LOF facility in Turkmenistan for the SBFEAT for a total amount of US$ 10 million that has been successfully utilized to finance small and medium-sized enterprises (SMEs) in the country.

About the Islamic Corporation for the Development of the Private Sector

 

Established in 1999, ICD is a private sector arm of the Islamic Development Bank Group (IsDBG) with its 55 member countries provides access to fi­nancing and investment opportunities in some of the fastest growing economies and regions in the world. The purpose of the Corporation is to promote, in accordance with the principles of the Shari’ah, the economic development of its member countries by encouraging the establishment, expansion and modernization of private enterprises producing goods and services in such a way as to supplement the activities of the Islamic Development Bank. As one of the main product offerings for developing the private sector, ICD extends lines of fi­nancing (LOF) to eligible fi­nancial institutions (FIs) in its member countries with the aim of availing medium-term financing to private sector businesses and concurrently strengthening the fi­nancial positions of the benefi­ciary banks and non-bank fi­nancial institutions.

For more information about ICD, visit www.icd-ps.org.

The off-site meeting of the Cabinet of Ministers of Turkmenistan

 

30.07.2021

Today in Avaza national tourist zone President Gurbanguly Berdimuhamedov who is on a working trip to Balkan region, has held an off-site meeting of the Cabinet of Ministers which considered the activities carried out for seven months of the current year, reports of deputy chairmen and determined topical tasks of social and economic development of the country and reviewed drafts of prepared documents.

Having announced the agenda, the leader of the nation gave the first floor to Deputy Chairman of the Cabinet S.Berdimuhamedov who reported on expected indicators of work of branches of economy for January-July of the current year.

It is expected that following the results of January-July as a whole the volume of production released as compared with the same period of the past year will be over 5,2 per cent. The volume of retail goods turnover as compared with the similar period of 2020 will increase by 17, 5 per cent.

The plan for state budget revenues, predictably, will be fulfilled at level of 113, 9 per cent, state budget expenditures – by 97, 4 per cent. As compared with the corresponding period of 2020 the monthly average salary will be over 10, 5 per cent.

Throughout the meeting the Deputy Chairman reported on results of his working trip to Japan.

The Prime Minister of Japan was invited for participation in celebrations on the occasion of the 30th anniversary of independence of Turkmenistan.

The signing of bilateral documents in banking and financial sphere, in the field of transport and deliveries of specialised machinery, held following the results of negotiations in Tokyo became an acknowledgement of fruitfulness of the negotiations.

The delegation of Turkmenistan within its stay in Japan took part in the opening ceremony of XXXII Summer Olympic Games.

The course of construction work at projects and industrial and social sites became a separate topic of the report, completion and commissioning of which is planned for dating for the glorious 30th anniversary of independence of our Fatherland.

Speaking of importance of the documents signed during the working visit of S.Berdimuhamedov to Japan, the President of Turkmenistan commissioned him to hold timely performance of the works planned in them under a strict control.

Then Deputy Chairman of the Cabinet Sh.Abdrahmanov reported on expected results of work carried out during 7 months of the current year on realisation of the Program of development of oil and gas industry of the country for the period till 2030.

Technical and economic indicators which will be reached in the field of oil and gas condensate production, and also oil refining, manufacture of gasoline, diesel fuel, polypropylene, liquefied gas were also informed. Predictably, as compared with the corresponding period of the past year rate of increase of extraction of natural and passing gas will make up 123,5 per cent, export of "blue fuel» - 137 per cent, the plan on development of investment will be fulfilled for 105,5 per cent.

Deputy Chairman of the Cabinet C.Gylyjov reported on expected results of work of trading and textile complexes, and also private sector for seven months of the current year.

For January-July by the Ministry of Trade and Foreign Economic Relations as compared with the similar period of the past year it is supposed that the rate of increase of trade turnover will make up 117 per cent with the rate of increase of manufacture - 112, 4 per cent.

From the beginning of the current year the plan for manufacture of carpet production by “Turkmenkhaly” State Association was fulfilled by 112, 7 per cent.

The State Commodity and Raw Materials Exchange in the accounting period held 167 exchange auctions in which 18 thousand 114 contracts were registered.

Deputy Chairman of the Cabinet Ch.Purchekov reported on preliminary results of the work held in his supervising branches for seven months of the current year.

Predictably, for January-July, 2021 the plan for production and performance of work in the complex of building and industry of Turkmenistan will be fulfilled by 125, 7 per cent. The rate of increase will make up 106, 1 per cent.

By the Ministry of Construction and Architecture the rate of increase of the work carried out following the results of seven months will reach 100,1 per cent.

It is expected that the rate of increase of output and the executed work for the accounting period by the Minister of Industry and Construction Production will make up 112 per cent.

The Deputy Chairman was commissioned to work upon the issue of attraction of investment as much as possible into development of building and industrial branch.

In turn Deputy Chairman of the Cabinet E.Orazgeldiev reported on expected results of activities of his supervising branches for seven months of the current year.

By the agro-industrial complex the growth of volume of output of production as compared with the similar period of the past year will make up 105,2 per cent, including by the Ministry of Agriculture and Environmental Protection - 105,7 per cent, the State Committee for Water Management - 100,1 per cent, the State Association «Türkmen atlary» - 103,5 per cent. The plan for development of investments will be fulfilled by 125, 4 per cent.

The program of the scientific practical conference “Cooperation in the field of environmental protection of the Caspian Sea” to be held on the occasion of Day of the Caspian sea marked for August 12 was also reported.

Further Deputy Chairman of the Cabinet M.Geldiniyazov reported on expected results of the work carried out in his supervising spheres within seven months of the current year.

The structure of the central administration of the Ministries of Education, public health services and medical industry, sports and youth policy, and also Academy of Sciences was improved.

In public health services sphere for the accounting period the new edition of the government program “Saglyk” and the population’s immunity improvement program in Turkmenistan for 2021-2025 were adopted, the National Strategy “Healthy Mother - Healthy Child - Healthy Future” on health protection of mother and child in Turkmenistan for 2021-2025 and National Strategy for preventive maintenance and combat of infectious diseases in Turkmenistan for 2021-2025 were approved.

Deputy Chairwoman of the Cabinet M.Mammedova reported on the activity of structures under her supervision for seven months of the current year.

Practical steps on perfection of activity of establishments of sphere of culture and mass-media, to increase of cultural potential of the country according to requirements of time were undertaken.

Director General of Transport and Communications Agency under the Cabinet of Ministers M.Chakyev reported on expected results of work of subordinated establishments for seven months of the current year.

Fulfilment of the plan for this period for rendering of services and production in the given complex is expected to reach 113, 3 per cent.

The rate of increase for the past period by “Turkmendemiryollary” Agency will make up 104, 4 per cent, “Turkmenawtoulaglary" Agency - 133, 1 per cent, "Türkmen­deňiz­derýaýollary" Agency - 139, 3 per cent, "Turkmenaragatnashyk" Agency - 109, 3 per cent. Corresponding work was held in the accounting period by "Türkmenhowaýollary" Agency.

Deputy Chairman of the Cabinet, Secretary of the State Security Council Ch.Amanov reported on preparation work carried out by military men and law enforcement bodies of the country for the 30th anniversary of sacred independence of Turkmenistan.

Chairwoman of the Mejlis of the Milli Gengesh G.Mammedova informed on the activity of the given structure for seven months of the current year.

For this period two sessions in which course 40 Laws of Turkmenistan and 41 resolutions of the Mejlis had been accepted, were held. Respective alterations and additions are brought abreast operating legislative documents. Work on control over realisation of regulatory legal acts was systematically conducted.

In the context of development of international and inter-parliamentary cooperation 92 meetings with representatives of foreign states and parliaments were held.

Then on the preliminary results of activity of the Ministry of Foreign Affairs for seven months of the year were reported by Deputy Chairman of the Cabinet, Minister of Foreign Affairs R.Meredov.

During the considered period our country was visited by the heads of the Republic of Uzbekistan, Republic of Tatarstan of the Russian Federation and the Kirghiz Republic.

Online meetings of the President of Turkmenistan with Presidents of the Islamic Republic of Afghanistan and the Azerbaijan Republic took place. The leader of the nation also took part in the XIV Summit of the Organization of Economic Cooperation, High-level Global Forum of the United Nations concerning sustainable development, in the virtual Second Summit of the Organization of Islamic Cooperation on science and technologies.

President Gurbanguly Berdimuhamedov also held a meeting with the Chairman of the 75th session of Un General Assembly, who visited our country.

Having underlined necessity constantly to be well informed about situations taking place in the world, the head of the state, addressing the deputy chairman, minister of foreign affairs assigned him, proceeding from it, to prepare and present the proposals connected with organization of various events of international character and participation of our country in them.

Addressing participants of the meeting, President Gurbanguly Berdimuhamedov noted that, despite the external circumstances which have arisen because of distribution of COVID infection and its impact on world economy, expected results of the works held in the country for seven months, show development of our independent state according to the accepted programs.

For the accounting period GDP has made up 6, 2 per cent. In the country building of large industrial and social projects among which - new settlements, housing complexes, the entertaining and medical centres, schools, kindergartens and others. Transformation of the education system and science sphere, modernisation of industry also proceeds according to the accepted plans. The market economy is formed and oil and gas fields are developed.

In addition the President of the country said that important actions, namely September 1 - devoted to the beginning of the academic year will be held, in September the session of the Milli Gengesh and the main holiday of the country – glorious 30th anniversary of independence will take place, and in December Day of Neutrality will be celebrated. Addressing participants of the meeting, the leader of the nation commissioned them to carry out forthcoming actions at high level.

At the off-site meeting of the Cabinet a number of other issues of state life in which corresponding decisions were made, were also considered.

Closing the off-site meeting of the Cabinet of Ministers, President Gurbanguly Berdimuhamedov wished all its participants sound health, family well-being and great successes in their work for the benefit of further prosperity of our sovereign Fatherland.

The extended meeting of the Cabinet of Ministers of Turkmenistan

20.09.2021

President Gurbanguly Berdimuhamedov has held an extended digital meeting of the Cabinet of Ministers, in which topical issues of state life were discussed and draft documents were considered. Executives of the Milli Gengesh of Turkmenistan, members of the State Security Council, khyakims of velayats and Ashgabat city were invited to the government meeting.

Having announced the agenda, the leader of the nation emphasized that the glorious 30th anniversary of sacred independence of our country is approaching.

Addressing the participants of the meeting, the leader of the nation emphasized that traditionally, on the eve of big holidays, an action is held to pardon citizens convicted of criminal acts and sincerely repented of their deeds. Guided by the principles of mercy and humanism of our great ancestors, such noble actions as exemption from punishment are regularly held in our country.

In this regard, the floor was given to Deputy-chairman of the Cabinet of Ministers, Secretary of the State Security Council, Chairman of the Commission for Preparation of Proposals on Citizenship and Pardon under the President of Turkmenistan Ch. Amanov, who reported on the work carried out by the Commission on the issue of pardon of convicts in honour of the 30th anniversary of holy independence of tour Fatherland.

After hearing the report, head of state, Gurbanguly Berdimuhamedov, signed decrees according to which 2058 Turkmen citizens and 6 foreign citizens will be released from further punishment in commemoration of the glorious anniversary of the independence of our sovereign Fatherland.

Khyakims of velayats, etraps and cities, as well as other authorities, were ordered to take appropriate measures to employ the pardons.

Next, the floor was given to Chairwoman of the Mejlis of the Milli Gengesh G. Mammedova, who informed about the preparations for the meeting of the Khalk Maslakhaty, dedicated to the 30th anniversary of sacred independence of Turkmenistan.

In this regard, in cooperation with the Khalk Maslakhaty of the Milli Gengesh, the Cabinet of Ministers, ministries and sectoral departments, khyakimliks of regions and the capital, public organizations take targeted steps on a systematic basis. The plan for organized conduction of the meeting has been developed to address all related issues.

Then Deputy Chairman of the Khalk Maslakhaty of the Milli Gengesh of Turkmenistan K. Babayev informed on the ongoing comprehensive work, as well as on the measures being implemented to prepare for the meeting of the Khalk Maslakhaty.

Further, Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs R. Meredov reported on preparations for the meeting of the Khalk Maslakhaty and for the celebration of the 30th anniversary of Turkmenistan's independence.

In this regard, the Ministry of Foreign Affairs, together with the relevant state structures, conducts large-scale organizational work. It was noted that the world community is very interested in the anniversary celebrations in our country. A number of international activities planned within their framework also attests to it.

After hearing the report, President Gurbanguly Berdimuhamedov stressed that independent neutral Turkmenistan will continue to consistently implement the peace-loving foreign policy strategy aimed at developing friendly, constructive relations both bilaterally and multilaterally, and in the interests of general well-being.

Speaking on it, the leader of the nation instructed to ensure a high organizational level of preparation for the meeting of the Khalk Maslakhaty, for a worthy welcome of the 30th anniversary of independence of our Motherland and international events dedicated to this significant date.

Then Deputy Prime Minister and Head of the Ministry of Foreign Affairs reported on the issue of further strengthening and expanding fruitful multifaceted cooperation with the Republic of Uzbekistan.

In this context, a proposal was submitted to the head of state for consideration on September 22, this year with working visits of the delegation of Dashoguz province - to the Khorezm region and the delegation of Lebap province - to the Bukhara region of Uzbekistan. The dynamic development of relations between the regions of the two countries is one of the new directions of interstate partnership, where there are great prospects.

Having approved the submitted proposal, the leader of the nation signed the corresponding Order and, having sent it for appointment according to the digital system, gave the Deputy Prime Minister, head of the Foreign Ministry, as well as khyakims of Lebap and Dashoguz velayats specific instructions for the execution of this document.

Following the report, Deputy-chairman of the Cabinet of Ministers, the Minister of Foreign Affairs reported on preparations for the international events planned in Turkmenistan this year.

Among them: the 6th Caspian Summit, the 15th Summit of Heads of States of the Economic Cooperation Organization and the international conference "Policy of peace and trust – a basis of international security, stability and development." For the purpose of holding them at a high level, it is proposed to establish appropriate organizational committees.

Deputy-chairman of the Cabinet of Ministers S. Berdimuhamedov reported on preparations for the meeting of the Khalk Maslakhaty and festive events on the occasion of Independence Day of Turkmenistan.

Emphasizing the importance of the upcoming 15th High-level Meeting of the Heads of the Member States of the Economic Cooperation Organization, the President instructed the Deputy Prime Minister to take the necessary measures for the proper holding of the forum.

Then Deputy-chairman of the Cabinet of Ministers Sh. Abdrakhmanov reported on the preparation of structural divisions of the fuel and energy complex and supervised by Deputy Prime Minister in Lebap velayat for the upcoming meeting of the Khalk Maslakhaty and events dedicated to the 30th anniversary of state independence.

In turn, Deputy-chairman of the Cabinet Minister E. Orazgeldiyev reported on the preparation by the relevant ministry and departments of the agricultural complex, as well as Dashoguz velayat supervised by him for the meeting of the Khalk Maslakhaty and events on the occasion of the 30th anniversary of sacred independence of the Turkmen state.

It was reported that festive races will take place in the International Akhal Teke equestrian complex on September 28, within the framework of which it is planned to organize seven competitions, and valuable prizes will be awarded to the winners.

Deputy-chairman of the Cabinet of Ministers Ch. Purchekov reported on preparations in the construction and industrial sector and the city of Ashgabat supervised by him for the next meeting of the Khalk Maslakhaty, in particular on the creation of groups from representatives of the relevant services for its organized holding.

Information was also provided on the preparations for the celebration of the 30th anniversary of sacred independence. In this regard, practical steps were taken to give the main holiday of the country a special solemnity, including the compilation of the order of duty on holidays.

Then Deputy-chairman of the Cabinet of Ministers Ch. Gylyjov reported on the ongoing work in the trade complex and Akhal velayat in preparation for the meeting of the Khalk Maslakhaty and the festive celebrations in honour of the 30th anniversary of independence of our Fatherland.

As part of the report, information was delivered on the activities carried out jointly with ministries, departments and khyakimliks to hold an exhibition at a high level on September 21-22 at the Chamber of Commerce and Industry dedicated to the anniversary date.

Then Deputy-chairman of the Cabinet of Ministers M.Mammedova reported on preparations for the Khalk Maslakhaty meeting and festive events.

The implementation of practical steps for the prompt and wide coverage of the Khalk Maslakhaty meeting in the media was reported, and work was carried out, in accordance with the corresponding Plan, to ensure the organized holding of anniversary celebrations in honour of the 30th anniversary of Turkmenistan's independence.

Deputy-chairman of the Cabinet of Ministers S. Toylyev, who spoke further, reported on the preparations for the upcoming meeting of the Khalk Maslakhaty on September 25, as well as on events to commemorate the 30th anniversary of Turkmenistan's sacred independence.

After hearing the report, President Gurbanguly Berdimuhamedov noted the need for an organized meeting of the Khalk Maslakhaty and celebrations in honour of the significant date and in this regard gave the Deputy Prime Minister appropriate instructions.

Director General of the Agency of Transport and Communications under the Cabinet of Ministers M. Chakyev reported on preparations for the meeting of the Khalk Maslakhaty and the celebration of the 30th anniversary of independence of our Fatherland.

Defining the range of main tasks facing the field of transport and communications, President Gurbanguly Berdimuhamedov ordered to strengthen measures to improve the quality of services provided primarily in the field of passenger transportation.

Then, at the expanded digital meeting of the Cabinet of Ministers, the heads of the country's military and law enforcement agencies reported on fulfilment of instructions previously given by the leader of the nation, including practical steps taken to strengthen the power and defence capabilities of the National Army, and the active introduction of advanced technologies in all law enforcement agencies.

Information was also delivered on the ongoing work to improve military and professional training of personnel, to educate cadets of specialized educational institutions and young soldiers in the spirit of glorious military traditions of courageous ancestors.

After hearing the reports, President Gurbanguly Berdimuhamedov stressed that the extensive work carried out to modernize the material and technical base and improve the activities of these structures fully meets the requirements of the time and the provisions of the purely defensive Military Doctrine.

Focusing on the preparation of the upcoming celebrations on the occasion of the main holiday of the country, the leader of the nation noted that the military parade should demonstrate the level of equipment of the Armed Forces of Turkmenistan with perfect equipment, high professionalism and training of warriors, who are clearly on guard of the gains of sacred independence, peace and tranquillity of their native land, prosperous creative life of Turkmenistan. In this regard, stressing the great importance of the annual military review on the occasion of Independence Day, the leader of the nation gave specific instructions to the heads of military and law enforcement agencies.

During the extended meeting of the Cabinet of Ministers, khyakims of velayats and Ashgabat city also spoke, reporting on the practical steps taken these days in the capital and regions of the Fatherland aimed at holding the meeting of the Khalk Maslakhaty and celebrations on the occasion of Independence Day of Turkmenistan.

After hearing the reports, President Gurbanguly Berdimuhamedov stressed the importance of organizing events dedicated to the significant date of the national calendar. The head of state emphasized the need to ensure a festive atmosphere in all corners of the country.

As noted, at the meeting of the Khalk Maslakhaty, decrees will be signed on awarding state awards to citizens who have distinguished themselves in labour on the occasion of the glorious anniversary of independence of our sovereign Fatherland. In this regard, Chairperson of the Mejlis of the Milli Gengesh, deputy prime ministers were instructed on September 26 to present state awards to all citizens who were awarded them so that they would come with new orders and medals to the solemn parade dedicated to independence. In the afternoon of the same day, the head of Turkmenistan said, ceremonies will be held to receive guests and open the new Shopping Centre.

In the morning of September 27, a solemn military parade will be held in the new Government Complex, and in the evening - a concert of artists.

Then, addressing Deputy Prime Minister, Secretary of the State Security Council Ch. Amanov, the leader of the nation instructed to present honoured state awards to the military in a solemn atmosphere in the morning of September 28 at the Halk hakydasy Memorial Complex.

As for khyakims of velayats and etraps, who achieved good results through selfless work, it will be correct to present them with awards after collecting cotton, the head of state noted.

By tradition, in the morning of September 28, races will be held at the International Equestrian Complex.

A number of events are scheduled for the upcoming holidays, President Gurbanguly Berdimuhamedov stressed, focusing on the importance of the successful implementation of the responsible task of monitoring strict security.

The deputy heads of the government were instructed to organize round-the-clock duty of managers in all departments and enterprises. The ambulance service and other emergency structures should work properly, the leader of the nation said, disposing appropriate orders to appoint duty officers in all institutions.

The President of Turkmenistan also emphasized the need to strengthen the work of the Emergency Commission to combat the spread of diseases and all sanitary services.

In conclusion, President Gurbanguly Berdimuhamedov once again warmly congratulated the participants of the enlarged meeting of the Cabinet of Ministers on the glorious anniversary of independence of the Fatherland, wishing everyone good health, family well-being and great success in their work for the further prosperity of Turkmenistan, the well-being of its people.

Latest news

 

The President of Turkmenistan has received the Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates

28.07.2021

President Gurbanguly Berdimuhamedov has received re-appointed Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates Ahmed Alhay Hamad Hamis Alhameli who handed his credentials to the head of the state.

Having expressed sincere gratitude for the given time, the diplomat conveyed to the leader of the nation warm greetings and best regards from the President of the United Arab Emirates Sheikh Khalifa bin Zayed Al Nahyan and members of the family of Sheikhs of the United Arab Emirates, having confirmed adherence of the country to the constructive interstate dialogue which is equitable to general interests. As the Ambassador marked, for him it is a great honour to represent the United Arab Emirates in Turkmenistan which carries out peaceful creative policy, based on the status of permanent neutrality, and shows dynamics of social and economic development.

Having thanked for kind words, President Gurbanguly Berdimuhamedov with satisfaction noted traditionally friendly, fruitful character of the Turkmen-Emirates relations built on principles of mutual respect and mutually beneficial partnership equal in rights. Having conveyed reciprocal warm greetings to the top officials of the United Arab Emirates, the head of the state congratulated the diplomat on his appointment to the responsible post and wished him successes in the field of the further strengthening of bilateral cooperation which is based upon long-term experience of teamwork and possesses impressive potential in various spheres.

Throughout the conversation the interested exchange of opinions on prospects of productive interaction for its priority directions took place. It was thus noted that the reliable base to development of Turkmen-Emirates partnership on a long-term basis has been put during negotiations and the summits held in recent years, including within the official visit of the President of Turkmenistan to the United Arab Emirates in 2018.

Activization of interstate cooperation was also promoted by the working visit of the governmental delegation of Turkmenistan led by Deputy Chairman S.Berdimuhamedov to the United Arab Emirates in June, the current year during which issues of development of trade and economic relations, increases in volume of goods turnover, realisation of joint investment projects were discussed. The reached agreements and also a number of bilateral documents signed following the results of the meeting with Director General of the Abu-Dhabi Fund for Development visually testify to its productivity. Thus, the negotiations carried out in the United Arab Emirates have confirmed again adherence of the parties to the course of strategic partnership.

Concrete example of practical realisation of the agreements reached with the Emirate partners is the civil-engineering design implementation in Balkan region the new International airport with a capacity of 100 passengers per hour. Erection of the airport complex is financed for the account of the corresponding agreement concluded between the Government of our country and Abu Dhabi Fund for Development.  With attraction of Emirate investments it is also expected to realize the civil-engineering design of hybrid solar-wind power station with a capacity of 10 megawatts in the territory of the Turkmen lake “Altyn asyr”.

With the account of available versatile potential favourable possibilities for expansion of effective interaction in such actual directions, as energy, transport and communications, industrial sector, agriculture, building, and also introduction of the advanced scientific achievements and innovative technologies, including in the field of use of renewed energy sources nowadays open. Thus, the great significance is given to activity of the Joint committee on cooperation.

It was noted also that Turkmenistan intends to take an active part in the next World   "EXPO" to be held in the city of Dubai.

Interaction in the humanitarian -cultural sphere invariably acts as important component of interstate dialogue.

At the end of the meeting having expressed President Gurbanguly Berdimuhamedov warm gratitude for his constant support to Turkmen-Emirate cooperation, Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates Ahmed Alhay Hamad Hamis Al Hameli assured that from his side he will entirely promote the further development of constructive interstate relations, consolidation of traditional bonds of friendship and brotherhood between peoples of the two countries.

State Information Agency of Turkmenistan

The meeting of the Cabinet of Ministers of Turkmenistan

10.09.2021

President Gurbanguly Berdimuhamedov has held the next online meeting of the Cabinet of Ministers in which the results of work of branches of the economic complex for eight months of the current year were summed up and also topical issues of social and economic development of the country were considered.

Passing to the agenda, the leader of the nation first gave the floor to deputy-chairman of the Cabinet S. Berdimuhamedov who reported on macroeconomic indicators for eight months of 2021.

Positive results were reached for the considered period thanks to successfully realized practical steps aimed at further development of the national economy. For January-August of the current year, a stable growth rate of GDP was observed. As compared with the similar period of the past year production in general increased by 5, 5 percent.

For eight months the volume of retail commodity turnover as compared with the corresponding period of 2020 grew by 17 percent, and the volume of foreign trade turnover increased by 9,6 percent.

Following the results of the reporting period the revenues of the State budget were fulfilled at the level of 114,5 percent, and expenditures - 97,5 percent.

By large and medium-sized enterprises the average monthly salary as compared with the similar period of the past year is 10,5 percent higher.

The salary, pensions, welfare payments and student's grants were in due time financed. Within realization of new edition of the National rural program construction of various buildings, including 102 objects of social importance, 35 water treatment constructions, 129,1 thousand square meters of housing, and also engineering networks was conducted. In total investments for the sum of 1449,1 million manats were realized.

As of September 6 of the current year over the country, more than 50 large objects of production and social appointment were put in operation. The current month in the Turkmen capital is planned to put into operation 4 buildings and a number of objects, among which – a modern park and subways in the northeast part of A. Niyazov Avenue and Hoja Ahmet Yasavy Street, a complex of the state tribune, trade and entertaining and business centre, modern houses on Teheran Street.

Having heard the report, President Gurbanguly Berdimuhamedov commissioned him to prepare proposals on the State budget of the country and to submit for consideration of the Cabinet. Thus, the emphasis was placed that it is necessary to provide increase in salaries, pensions and welfare payment in the draft of the main financial plan on average by 10 percent.

Then deputy-chairman of the Cabinet Sh. Abdrakhmanov reported on results of work in sectors under his supervision for eight months of the current year.

It was reported on technical and economic indicators reached in the field of oil and gas condensate production, and also oil processing. The plan for production of gasoline was implemented by 107,5 percent, polypropylene – by 109,7 percent, for production of natural and associated gas – by 122,1 percent, to export of natural gas – by 133,6 percent, development of investments – by 102,1 percent.

Deputy-chairman of the Cabinet Ch. Gylyjov reported on results of the work carried out for eight months of the current year in the trade and textile complexes, and also business sector he supervises.

For January-August, 2021 by the Ministry of Trade and Foreign Economic Relations as compared with the similar period of the past year the growth of trade turnover made up 120,8 percent, growth of production - 117,6 percent.

The volume of textile production, including cotton yarn and fabrics released by enterprises of the Ministry, was equal respectively to 116,8 and 104,4 percent, sewing and knitted products - 121,8 percent, leather products - 104,3 percent as compared with the similar period of the past year.

Since the beginning of the current year the plan for production of "Türkmenhaly" State Association was implemented by 110,1 percent at the growth rate of 155,2 percent.

The State Commodity and Raw Materials Exchange for eight months held 198 trading sessions in which 20 thousand 866 contracts were registered.

The growth of the work which was carried out by the Chamber of Commerce and Industry for the reporting period made up 105,7 percent.

By the Union of Industrialists and Entrepreneurs increase in production of agricultural and food production for January-August made up 137,4 percent, industrial - 107 percent.

Further deputy-chairman of the Cabinet of Ministers Ch. Purchekov reported on results of work of construction, industrial and power complexes, Türkmenhimiýa State Concern and capital administration for eight months of the current year.

For the reporting period the plan for production and performance of work in the construction and industrial sector was executed by 129,2 percent.

By the Ministry of Construction and Architecture for January-August of this year the plan was fulfilled by 110,5 percent.

The Ministry of Industry and Construction Production implemented the plan for production and realization of work by 124,9 percent.

From the beginning of the year by the Ministry of Energy the plan for production and rendered services was executed by 120,4 percent.

The growth rate of electricity generation made up 111 percent, and its export - 135,8 percent.

The plan for production and rendering services was executed by Türkmenhimiýa State Concern by 136,2 percent.

By the khyakimlik of Ashgabat city the plan for the work and the provided services for eight months of the current year was executed by 165,8 percent.

In turn, deputy-chairman of the Cabinet of Ministers E.Orazgeldiyev reported on results of activity of the branches under his supervision for eight months of the current year.

By the agro-industrial complex increase in production of production as compared with the similar period of the past year made up 108,3 percent, including by the Ministry of Agriculture and Environmental Protection - 109,1 percent, the State Committee for Water Management - 102,1 percent, State Association "Türkmenatlary" - 102,6 percent. The plan for development of investments was implemented by 130,3 percent.

The deputy-chairman reported on the preparation for the 16th meeting of the Joint Turkmen-Uzbek commission on trade and economic, scientific, technical, and cultural cooperation, which is planned for September 13-14 in the city of Tashkent, and also the next meeting of the Turkmen-Uzbek intergovernmental commission on water management issues.

Deputy-chairman of the Cabinet S. Toylyev reported on the work done in education, sciences, health care and sport for eight months of the current year.

In the health sector the Plan of readiness of Turkmenistan for counteraction to acute infectious disease and taking measures of rapid reaction, the National program for increase of immunity of the population in Turkmenistan for 2021-2025 and National strategy "Healthy mother - healthy child - healthy future" were taken for the reporting period the State program "Saglyk" in the new edition.

Further deputy-chairwoman of the Cabinet M. Mammedova reported on activity of subordinated structures for the last eight months of the year.

Steps were taken for further development of effective cooperation with foreign partners. Together with the Ministry of Foreign Affairs work on the multilateral and national nominations of Turkmenistan and their entering into the UNESCO List of the World Heritage was conducted.

CEO of Transport and Communications Agency at the Cabinet of Ministers M. Chakyev reported on results of work of the complex for eight months of the current year.

From January to August the plan for rendering services and production by this complex was executed by 111,9 percent.

The growth rate for the expired period by Türkmendemiryollary Agency made up 107,3 percent, Türkmenawtoulaglary Agency - 140 percent, Türkmendenizderyayollary Agency - 141,1 percent, Türkmenaragatnashyk Agency - 110,6 percent. The corresponding work was carried out by Türkmenhowaýollary Agency.

The plan for cargo transportation which was carried out by all modes of transport was executed by 103,1 percent, for goods turnover – by 105,2 percent.

Then deputy-chairman of the Cabinet, Minister of Foreign Affairs R. Meredov, delivered the report on activity of the Ministry of Foreign Affairs for eight months of the year and its results.

Our country was also visited by Secretaries General of the Economic Cooperation Organization and Council of Cooperation of Turkic speaking countries, Chairman of the 75th session of the Un General Assembly.

Telephone conversations of the President of Turkmenistan with heads of a number of the foreign states took place.

By the digital communication 1 thousand 173 meetings of various level were organized. Within a year, 109 international documents were signed.

Then, addressing participants of the meeting, President Gurbanguly Berdimuhamedov noted that in spite of spread of coronavirus infection in the world and its negative influence on the world economy, results of the work which was carried out in the country for eight months show further development of our independent state in the jubilee year according to the accepted programs.

For the reporting period the GDP growth made up 6,2 percent. In the country the building of large industrial and social facilities, among which are new settlements, housing complexes, health improving centres, schools, kindergartens and others proceeds at an accelerated rate.

According to the drawn-up plans from January to August 56 large objects, instead of planned 30, were put into operation. The opening of a number of new buildings is still expected until the end of the year.

For eight months, houses with a total area about half a million square meters were put into exploitation.

Having focused attention on tasks for this anniversary year which were specifically designated at the meeting of the Cabinet of Ministers devoted to results of the last half-year and also in "The program of the President of Turkmenistan for social and economic development of the country for 2019-2025", the head of state emphasized that they demand a lot of work to carry out.

As known, the head of state continued his speech that until the end of the current year a number of important actions is planned. In September the main holiday of our powerful state – glorious 30th anniversary of independence will be solemnly celebrated, the meeting of the Khalk Maslakhaty will be held.

For a big contribution to development of the country, the state prizes will be given to model and inspired work the most worthy employees of various branches.

Closing the digital meeting of the Cabinet of Ministers, President Gurbanguly Berdimuhamedov wished its participants good health, family wellbeing, great success in their work for further prosperity of our sovereign Fatherland.

 

State Information Agency of Turkmenistan

A session of the Cabinet of Ministers of Turkmenistan

23.07.2021

President Gurbanguly Berdimuhamedov has held a regular session of the Cabinet of Ministers via digital means to consider priority issues of state life and some draft documents.

Addressing the session agenda, the head of state gave the floor to Cabinet Deputy Chairman, Minister of Foreign Affairs R. Meredov to report on the ongoing steps to boost cooperation between Turkmenistan and the United Nations Educational, Scientific and Cultural Organization (UNESCO), a UN specialized agency. In this regard, relevant proposals were submitted to the nation’s leader for consideration.

Mejlis Milli Gengesh Chairperson G. Mammedova focused her report on the activities of the country’s law-making body aimed at strengthening the legal framework for the wide-ranging reforms in Turkmenistan.

Mejlis deputies are making active efforts to increase public awareness of Turkmenistan’s foreign and home policy, and give a better understanding of the essence and substance of new laws.

Then, Cabinet Deputy Chairperson M. Mammedova informed about the state of affairs in the sector she is responsible for, cultural events due to take place in August in honor of the 30th anniversary of the home country’s independence, and cultural activities to be organized as part of various forums this year designated as ‘Turkmenistan: the Land of Peace and Trust’.

The head of state gave the Vice-Premier precise instructions on ensuring a high degree of organization of opening ceremonies for the new buildings that would become a wonderful and special gift for the public to celebrate the milestone occasion.

In his report, Cabinet Deputy Chairman E. Orazgeldiev covered the current activities in the country’s water sector. A draft Resolution on establishing and approving the Turkmen side’s membership of the Joint Turkmenistan-Uzbekistan Intergovernmental Commission on Water Management Issues was presented to the President of Turkmenistan for consideration.

On May 26, 2021 the Government of Turkmenistan and the Government of the Republic of Uzbekistan signed an Agreement on the above-mentioned Joint Intergovernmental Commission to promote cooperation in the water sector between the countries.

After signing the Resolution, the head of state sent it digitally to the Vice-Premier and gave issue-associated assignments.

Cabinet Deputy Chairman Sh. Abdrakhmanov reported on the current situation in the supervised sectors, and presented draft Resolutions ‘On Türkmengaz State Concern’, ‘On Türkmennebit State Concern’, ‘On Türkmengeologiýa State Corporation’ and ‘On the Turkmenbashi Refinery Complex’ to the President of Turkmenistan for consideration.

President Gurbanguly Berdimuhamedov signed the within-said Resolutions and transmitted them to the Vice-Premier through digital means, having given relevant commissions.

Next speaker, Cabinet Deputy Chairman M. Geldiniyazov informed about short-term training courses to be offered by the Academy of Civil Service under the President of Turkmenistan.

The Vice Premier said that the Academy would run the short professional development courses for members of the Milli Gengesh of Turkmenistan.

The report made by Cabinet Deputy Chairman Ch. Gylyjov was an extensive coverage of the state of affairs in the sector answerable to him, the implementation progress of commissions given earlier by the head of state, as well as a draft Resolution on export charges on paper waste and printed products.

After signing the Resolution, the head of state sent it to the Vice-Premier using digital technology and gave detailed instructions on its implementation.

Director General of the Transport and Communications Agency under the Cabinet of Ministers of Turkmenistan M. Chakyev centered his report on a draft Resolution concerning the Agency.

As informed, on the instructions from the head of state, the within-said document and Regulations on the Agency and its administrative body had been prepared in collaboration with other sectoral institutions.

Having signed the Resolution on the Transport and Communications Agency, the head of state transmitted it digitally to M. Chakyev and assigned to exercise strict control over the measures being taken in this field.

Closing the Cabinet session, which considered a number of important issues, and adopted the documents aimed at developing and promoting the sectors, the nation’s leader wished its participants good health, family wellbeing and great success in their work for the continued progress and prosperity of the independent native country.

* * *

Today, President Gurbanguly Berdimuhamedov also conducted a working meeting with the participation of members of the Organizing Committee for the international events to be held in the Avaza National Tourist Zone on August 6.

The meeting focused on preparations for the Central Asian Leaders’ Consultative Summit, the Central Asian Women’s Dialogue, the Central Asian Economic Forum, the Central Asian International Exhibition of National Products, the Central Asian International Festival of National Cuisines, and the festive concert featuring performing artists from the Central Asian countries.

Opening the meeting, the head of state recognized the significance of the upcoming events aimed to extend relations and effective partnership between the region’s countries and to enhance our country’s international prestige.

Cabinet Deputy Chairman, Minister of Foreign Affairs R. Meredov was the first to report on the ongoing efforts to ensure a high degree of organization of the Central Asian Leaders’ Consultative Summit, the Central Asian Economic Forum, and bilateral events, among others.

Mejlis Milli Gengesh Chairperson G. Mammedova centered her report on the program of the Central Asian Women’s Dialogue to be held in the Avaza National Tourist Zone on the initiative of the President of Turkmenistan.

Representatives of foreign countries and the head of the UN Regional Center for Preventive Diplomacy for Central Asia are expected to attend the forum.

Cabinet Deputy Chairman Ch. Gylyjov informed about the international exhibitions and the Central Asian Festival of National Cuisines due to take place in the Avaza National Tourist Zone, as well as the measures being taken to host them successfully.

In her turn, Cabinet Deputy Chairperson M. Mammedova addressed the program of the upcoming cultural events in Avaza that would contribute to wide popularization of Turkmenistan’s achievements and the Turkmen nation’s rich heritage and centuries-old national values, as well as the ongoing preparations for the concert by artists from Turkmenistan and the Central Asian countries.

Cabinet Deputy Chairman M. Geldinyyazov covered the efforts being undertaken to carry out the earlier presidential commissions regarding preparations for the events of international importance in Avaza.

Director General of the Transport and Communications Agency under the Cabinet of Ministers of Turkmenistan M. Chakyev focused his report on the practical steps aimed to properly organize events to be hosted as part of the Central Asian Leaders’ Consultative Summit in Avaza.

The report also looked at the preparations for the Central Asian International Exhibition of National Products that will take place at the International Turkmenbashi Seaport.

Summing up the meeting, President Gurbanguly Berdimuhamedov highlighted the importance of the Central Asian Leaders’ Consultative Summit, the Central Asian Economic Forum, and the Central Asian Women’s Dialogue, as well as the related events. This stands as eloquent testimony to the fact that the Avaza National Tourist Zone has turned into a prestigious venue for international cooperation forums.

Bringing the meeting to a close, President Gurbanguly Berdimuhamedov wished its participants success in their work for the benefit of the nation and the country.

WITHIN THE FRAMEWORK OF THE VISIT OF THE DELEGATION OF TURKMENISTAN TO THE UAE, THE ISSUES OF BILATERAL INTERACTION WERE DISCUSSED

 

A number of bilateral meetings were held within the framework of the visit of the Turkmen delegation headed by the Deputy Minister of Foreign Affairs of Turkmenistan B.Matiyev to the UAE.

In particular, on August 29-30, 2021, the delegation held bilateral talks with the Leadership of the Supreme Council of the National Security of the UAE and with the Director General of the Abu Dhabi Fund for Development Mohammed Saif Al Suwaidi.

During the talks the parties gave a high rating to the current level of the relations between Turkmenistan and the UAE. The firm targeting of the two countries to maintain the regular and trustful dialogue in the interests of the parties were confirmed.

The need of the active upbuilding of multi-profile bilateral partnership including in political, trade-economic, energy, financial-investment and other directions representing mutual interest was expressed.

Particular attention has been paid to the evolving situation in Afghanistan. In this context, the Turkmen side once again confirmed no alternative to the settlement of the situation on the Afghan soil exclusively by the politico-diplomatic means.

https://www.mfa.gov.tm/en/news/2770

Fitch International Agency will assign a credit rating to Turkmenistan

13 July 2021

Описание: https://tstb.gov.tm/images/News/29b81e2965be4e5e8c740bcb3d4e2840.jpg

Turkmenistan is completing negotiations with the Fitch Rating Agency, following which the country will be assigned a credit rating that determines the investment grade.

 In July last year, Turkmenistan joined the World Trade Organization as an observer. Now work has been launched to bring the legislation of Turkmenistan in line with international requirements and standards, improve the investment climate in the country and create conditions that stimulate investment processes.

 The total volume of investments in fixed assets of Turkmenistan at the end of 2020 amounted to over 10 billion US dollars, which is approximately 23% of GDP. Of the total amount of investments, according to the Ministry of Finance and Economy of the country, over 60% was directed to the implementation of projects in the production sector.

 The share of foreign investment in the total investment volume is maintained at a high level - about 15%. Today, foreign companies from more than 100 countries carry out investment activities in Turkmenistan. These companies are implementing over one and a half thousand investment projects.

 Since 2019, Turkmenistan has switched to international financial reporting standards, which allows foreign investors and national entrepreneurs to more actively integrate and expand partnerships. In addition, it enhances the transparency of financial reporting and performance discipline.

 Significant work has been done to form the legal framework for state regulation of investment activities in the country. The legislation of Turkmenistan provides guarantees of full protection of invested capital to foreign investors. The profits of foreign investors after taxes remain at their disposal and can be reinvested in the territory of Turkmenistan or repatriated.

 Fitch Ratings is an American corporation known primarily as a rating agency. Fitch Ratings, along with Standard & Poor’s and Moody’s, is included in the “big three” international rating agencies

 The main objective is to provide the global credit markets with independent and forward-looking credit ratings, analytical studies and data.

THE REPRESENTATIVES OF TURKMENISTAN AND THE UAE BUILD UP THE POTENTIAL OF BILATERAL COOPERATION

Within the period from August 29 to September 2nd, 2021, the Turkmen delegation headed by the Deputy Minister of Foreign Affairs of Turkmenistan B.Matiyew visits the United Arab Emirates.

In the framework of the visit the delegation of Turkmenistan had meetings with Deputy Prime Minister and Minister of Presidential Affairs of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, Deputy Minister of Foreign Affairs and International Cooperation of the UAE on Asian countries’ affairs, Minister of State Ahmed Al Sayegh, as well as with the Minister of Energy and Infrastructure of the UAE Suhail bin Mohammed Al Mazrouei.

During the constructive talks, the sides discussed the issues of close bilateral dialogue of Turkmenistan and the UAE on broad range of questions having mutual interest. Special attention was paid to the issues of political-diplomatic collaboration, broadening of economic and cultural cooperation between the two countries.

It was particularly noted that the current visit of Turkmen delegation allowed the parties to discuss the key political and economic issues, consider implementation progress of mutual projects for various purposes.

At the meetings the sides also considered the issues regarding the current situation in Afghanistan. The need for the consolidation of joint efforts for the peaceful settlement of circumstances was expressed.

On the 31st of August, the Turkmen delegation had a meeting with the heads of the Emirates’ company “Mubadala” and discussed the issues of cooperation in the field of investments, finance and gas-chemicals. The parties expressed the need of broadening the legal base of bilateral cooperation with the aim of all-round implementation of the agreements reached before.

The visit of the delegation of Turkmenistan to the UAE continues.

https://www.mfa.gov.tm/en/news/2771

President Gurbanguly Berdimuhamedov concludes working trip to Balkan velayat

07.07.2021

Early in the morning President Gurbanguly Berdimuhamedov (while on the working trip to Balkan velayat) performed open-air morning fitness exercises and took a bicycle ride along the stretch of the Caspian Sea coast.

The head of state is known to have started a fine and beneficial tradition of holding mass cycling events in Turkmenistan. The idea has received full support from his fellow countrymen who participate with great zeal and enthusiasm in mass bicycle rides regularly organized in the country.

Adopted by the UN General Assembly, the Special Resolution declaring June 3 World Bicycle Day provides ample testimony to the high praise and recognition for modern-day Turkmenistan’s notable sporting achievements in the global arena under the guidance of the nation’s leader.

During the bicycle ride, President Gurbanguly Berdimuhamedov demonstrated, as usual, a high level of physical fitness.

Despite his extremely busy and tight work schedule, the nation’s leader always finds time to do recreational physical activity and sports, while setting a personal example of their health benefits, positive effects on emotional wellbeing and the immune system. Sports also help to develop character traits such as diligence, dedication, determination, and self-discipline.

The head of state ended his ride at the beautiful seaside pier.

Then, the President of Turkmenistan attended a launching and blessing ceremony of a new passenger ship, named Rakhat that had been put at the disposal of the Türkmendeňizderýaýollary Agency.

Built in the Republic of Tatarstan (Russian Federation), the high-speed passenger vessel has an overall length of more than 33 meters and is intended for tourists and travelers who are fond of sea trips.

The new ship’s captain reported to the head of state that the vessel was in a state of readiness for its maiden voyage, and requested that President Gurbanguly Berdimuhamedov give his blessing.

The nation’s leader accompanied by his associates went aboard the vessel resembling a white swan and gave his official blessing to it for safe sailing across the gray expanses of the Caspian Sea.

It is worth noting that the ship was built for our country in compliance with the high-level bilateral agreements reached between Turkmenistan and the Republic of Tatarstan. This serves as a clear illustration of greater cooperation of Turkmenistan with some regions of the Russian Federation, in particular with Tatarstan.

In recent years, modern tankers and merchants vessels have been constructed on orders from the Turkmen side and put into service. Their high performance characteristics, innovative and technologically advanced solutions place them among the most-sought-after ships.

Massive efforts are being made to keep the passenger fleet continually upgraded and replenished. This is evidenced by the arrival of the ship Rakhat at its port of registry.

The ship put to sea, skimming the waves.

The Caspian Sea’s endless expanses merging with the blue sky on the horizon truly delight and captivate by their majestic beauty. No less spectacular are views of the Avaza National Tourist Zone stretching across the coastline.

On board the ship, the head of state and his associates discussed the need to continue the effective work ongoing in this wonderful naturally blessed corner of Turkmen land, while recognizing the importance of ensuring environmental sustainability, conserving the Caspian Sea’s biodiversity and undertaking scientific research into the wildlife of the area.

Speaking at the First Caspian Economic Forum in the Avaza National Tourist Zone in August of 2019, the head of state Gurbanguly Berdimuhamedov highlighted the need to take a scientific approach to issues of preserving the ecological balance in the Caspian Sea and its biodiversity.

During the ship trip, President Gurbanguly Berdimuhamedov also focused on issues of promoting modern recreational and leisure activities in Avaza, improving the quality and offering a wider variety of services to holidaymakers.

The widespread adoption of advanced environmentally-friendly technologies is seen as a guiding principle in the construction, oil-and-gas, chemical, energy, and agricultural sectors, and as an integral component of the country’s socio-economic programs and large international and regional projects.

The constructive initiatives announced by the President of Turkmenistan at sessions of the UN General Assembly, the UN Conference on Sustainable Development (Rio+20), and other large international forums have won widespread support of the world community of nations.

The new ship, the latest addition to the Avaza National Tourist Zone’s fleet, continued to sail smoothly in the Caspian Sea.

Intended for tourists and seaside resort visitors, the snow-white vessel symbolizes the successful endeavors in the new historical epoch marking the home country’s progress and prosperity.

The ship completed its first voyage blessed by the nation’s leader, and successfully reached the shore.

President Gurbanguly Berdimuhamedov received congratulations from his associates on the momentous occasion, who also wished the ship safe journeys.

Bidding goodbye, the nation’s leader wished the captain and crew of the ship every success in their work.

Having concluded his working trip to Balkan velayat, the head of state proceeded to Turkmenbashi International Airport where high-ranking officials had assembled.

Before departing for Ashgabat, the head of state assigned the senior officials concerned to adopt a serious and responsible attitude to the issues of effectively tackling the tasks of the region’s socio-economic development that should be addressed comprehensively.

After a while, the presidential aircraft landed at Ashgabat International Airport.

* * *

That same day, a grand ceremony took place to mark the official acceptance of the new passenger ship Rakhat for service in accordance with centuries-old national traditions.

Following the local custom, a ship-meeting ritual was performed. It included tying the traditional alaja ribbon and dusting flour on shipboard as a sign of safe journeys in the Caspian Sea.

The vessel put to sea after its passengers: performing groups, honorable elders and grey-haired mothers came aboard. Performing artists and folk ensembles from the region continued their rousing performances on board the snow-white ship that had arrived through the efforts of President Gurbanguly Berdimuhamedov.

The ceremony attendees expressed their deep gratitude to the nation’s leader for his great care and concern for welfare and happy lives of the people of Turkmenistan who have necessary recreational facilities provided to ensure their proper rest and interesting leisure-time activities, including on the ecologically clean Caspian coast.

State Information Agency of Turkmenistan

Latest news

A meeting with a Turkmen delegation was held at the Presidential Palace of Abu Dhabi

Deputy Prime Minister and Minister for Presidential Affairs of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan received today Deputy Foreign Minister of Turkmenistan Berdyniyaz Myatiev and members of the accompanying delegation at the Qasr Al Watan Palace in Abu Dhabi. This was reported by the Emirates agency WAM.

Sheikh Mansur and Myatiev discussed bilateral relations in various fields, especially in the economic and investment spheres, and also exchanged views on a number of issues of mutual interest.

The meeting was also attended by the Governor of the UAE Central Bank, the Director General of the Abu Dhabi Development Fund (ADFD) and other high officials.

ORIENT news
https://orient.tm/en/post/34261/meeting-turkmen-delegation-was-held-presidential-palace-abu-dhabi

A session of the Cabinet of Ministers of Turkmenistan

25.06.2021

President Gurbanguly Berdimuhamedov has convened a regular session of the Cabinet of Ministers via digital means to consider priority aspects of state policy and some important draft documents.

Addressing the session agenda, the head of Turkmenistan gave the floor to Cabinet Deputy Chairman G. Mushshikov to report on the ongoing efforts to strengthen the effective collaboration with international financial institutions.

In his turn, Cabinet Deputy Chairman Sh. Abdrakhmanov informed about the seismic operations being conducted by the Türkmengeologiýa State Corporation to discover new oil deposits.

Most black gold is now being extracted from fields in the Pre-Balkan area in Western Turkmenistan. The State Corporation is set to carry out additional seismic exploration in this petroliferous region, including 3D surveys in the eastern part of the Goturdepe field, and 2D surveys in the Southern Burun field. International bids have been invited for the above-said operations and a winning bidder has been selected.

Next speaker, Cabinet Deputy Chairman E. Orazgeldiev centered his report on the continuing efforts in the field of environmental protection and the state environmental policy implementation. A draft Resolution ‘On Approving the 2021-2025 National Forest Program of Turkmenistan’ was presented for consideration by President Gurbanguly Berdimuhamedov.

After signing the within-said Resolution, the head of state submitted it digitally to the Vice-Premier and gave a number of concrete assignments on its implementation.

In his report, Cabinet Deputy Chairman Sh. Durdylyev covered the state of affairs in the sectors directly managed by him, and the measures being taken to draft regulations on the use of drinking water distribution systems and water drainage facilities in Turkmenistan.

Cabinet Deputy Chairman B. Ovezov focused his report on the steps being taken by the Türkmenaragatnaşyk Agency to modernize Internet services as the country has seen a progressive increase in the number of users. The Internet is also actively used by local enterprises, private businesses and higher education institutions.

Given this, the Türkmenaragatnaşyk Agency invited international bids.

Focusing on the issues of the communications industry’s digital transformation, the nation’s leader noted that our country had launched large projects aimed to build a comprehensive communications system based on advanced technology, to expand the scope and range of services and to improve their quality, as well as to offer customers broadband Internet access.

Then, Cabinet Deputy Chairperson M. Mammedova delivered a report on cultural events and opening ceremonies of socio-cultural facilities to be held in July.

Addressing Vice-premier M. Mammedova and the Cabinet Deputies Chairman responsible for the velayats, President Gurbanguly Berdimuhamedov pointed out that the impressive multi-purpose Türkmeniň Ak Öýleri buildings are due for completion in all the regions this year. As the leader of nation highlighted, the edifices are intended to preserve and promote the nation’s cultural traditions, and to meet social needs. The Türkmeniň Ak Öýleri buildings have an important role to play in supporting amateur talent groups and other creative initiatives, encouraging social activity of citizens and offering them a host of leisure pursuits.

A draft National Strategy for the Prevention and Control of Non-Communicable Diseases for 2021-2025 was in the center of the report made by Cabinet Deputy Chairman M. Geldinyyazov.

In the epoch of power and happiness, integrated efforts are being made to protect the nation’s general health, to render a wider spectrum of medical services up to international standards, and to actively adopt new world scientific developments in applied medicine.

Then, the President of Turkmenistan invited Cabinet Deputy Chairman, Minister of Foreign Affairs R. Meredov and Minister of Energy Ch. Purchekov to present their reports.

The Vice-Premier, Foreign Minister reported on the preparations for an official visit by President of the Kyrgyz Republic Sadyr Japarov to our country on June 27-28.

Turkmenistan and the Kyrgyz Republic are actively cooperating within authoritative international and regional organizations, while mutually supporting each other.

The preparations for the official visit by the President of Kyrgyzstan and the events to be held as part of it were the key issues the report made by Minister of Energy Ch. Purchekov (who is the co-Chairman of the Intergovernmental Turkmen-Kyrgyz Commission for Trade-Economic, Scientific-Technological and Humanitarian Cooperation from the Turkmen side) was centered on.

Speaking of prospects for the Turkmen-Kyrgyz cooperation, President Gurbanguly Berdimuhamedov recognized the considerable potential for boosting the productive trade-economic relations. A steady growth in bilateral trade turnover offers ample testimony to this, as well.

Stressing the importance of the upcoming summit talks in Ashgabat, the head of state made some amendments to the submitted Program, and assigned the Vice-Premier, Foreign Minister, and the Minister of Energy, who is the co-Chairman of the Intergovernmental Turkmen-Kyrgyz Commission, to ensure a high degree of organization and preparedness for the official visit by the President of the Kyrgyz Republic to Turkmenistan.

Then, the nation’s leader simultaneously invited Cabinet Deputy Chairman Ch. Gylyjov and Chairman of the Chamber of Commerce and Industry D. Rejepov for direct video-communication.

The Vice-Premier focused his report on preparations for the Turkmen-Kyrgyz Economic Forum and the exhibition of export goods of Turkmenistan.

Bringing the digital Cabinet session to a close, President Gurbanguly Berdimuhamedov wished the participants every success in their work for the benefit and prosperity of the independent home country.

 

The international rating agency “Fitch Ratings” assigns Turkmenistan the long-term rating on the level “B+ stable”

The international rating agency “Fitch Ratings” assigned the following ratings to Turkmenistan: short-term rating on the level “B” and the long-term rating on the level “B+ stable” which proves the stable development of the national economy of Turkmenistan.   

The assignment to Turkmenistan of the following ratings will contribute to further intensification of external economic activity of the country and the expansion of its trade-economic ties with the other states.

The President of Turkmenistan arrives in Lebap velayat on a working visit

22.06.2021

President Gurbanguly Berdimuhamedov arrived in Lebap velayat on a working visit.

The airplane of the President of Turkmenistan landed at the International Airport of Turkmenabat, where government officials greeted the Turkmen leader.

The Lebap Velayat Hyakim reported to President Gurbanguly Berdimuhamedov on the successful fulfillment of contractual obligations in the winter crops harvesting campaign.

Commenting on the report, the President of Turkmenistan emphasized the importance of the labor victory achieved by Lebap Velayat grain growers during the Week of Culture. The President of Turkmenistan congratulated everyone on the double occasion, expressing satisfaction with the fact that agricultural workers of the region were the first in the country to fulfill their contractual obligations, having handed over 310,000 tons of grain to the receiving points of the country. This success is the result of the hard work of grain growers, combine operators, vehicle drivers, all workers in the agricultural sector of the velayat.

Emphasizing that hardworking agricultural workers successfully solve the tasks set, the President of Turkmenistan expressed confidence that the workers in the Lebap velayat, working hard, would also successfully fulfill their contractual obligations in cotton harvesting campaign.

Cordially congratulating farmers on the labor victory achieved in the year of the celebration of the 30th anniversary of our sacred independence, and wishing them good health, family well-being, success in their work for the prosperity of our native Motherland, the President of Turkmenistan left the venue.

The working trip of President Gurbanguly Berdimuhamedov to Lebap velayat continues.

The Consultative meeting of heads of the Central Asian states was held in Turkmenistan

Today at the coast of the Caspian Sea, in Avaza national tourist zone, under the chairmanship of President of Turkmenistan Gurbanguly Berdimuhamedov the third Consultative meeting of heads of the Central Asian states is held. The Congress centre "Avaza" became a venue for the high level Forum, for participation in which President of the Republic of Kazakhstan Kassym-Jomart Tokayev, President of the Kirghiz Republic Sadyr Japarov, President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the Republic of Tajikistan Emomali Rahmon arrived in our country.

In the morning President of Turkmenistan Gurbanguly Berdimuhamedov headed to the Congress centre "Avaza". Here, in the foyer, the Turkmen leader hospitably, fraternally welcomed heads of the Central Asian states who arrived by turns for participation in the Forum. After exchange of traditional friendly handshakes, joint photographing of the President of Turkmenistan with each of honoured guests took place. Prior to the beginning of the Summit the leader of the nation held bilateral meetings with Presidents of Kyrgyzstan, Uzbekistan, Kazakhstan and Tajikistan, and also with Head of the UN Regional Centre for Preventive Diplomacy for Central Asia Natalia Gherman.

Presidents of Central-Asian countries gathered in Turkmenistan for participation in this meeting in which frameworks passed a number of parallel actions of economic and cultural character, including the Economic forum of the Central Asian countries, the International exhibition of national products of the countries of Central Asia, Dialogue of women of the countries of Central Asia, and also the International festival of national dishes of the countries of region.