Turkmenistan - The Times Of Central Asia

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Excise tax increase provokes a rise in alcohol prices

Alcohol prices in Turkmenistan have changed twice this month: at the beginning of the year they doubled, and by the end of the month they almost returned to the previous level. The order to reduce prices, as reported in the Chronicles of Turkmenistan, came from the Ministry of Trade and Foreign Economic Relations. Thus, Turkmen wines went up in price from $2-2.86 per bottle to $2.86 - $4.29. Cognac went up from $8.59-14.31 to $10-17.17, vodka - from $8.59-10 to $17.17, expensive brands of vodka in liter bottles - from $28.62 to $42.94, beer - from $4.29-5.72 to $8.59-11.45. At the same time, the quality of alcoholic beverages produced in the country leaves much to be desired - consumers note that most of the wines are produced not from grapes, but from Chinese powder. The increase in alcohol prices was due to another increase in excise taxes from January 1, 2024. Excise tax on beer increased from 30% to 34.5%, on wines and spirits, depending on the degree - from 39%, 61% and 77% to 44.85%, 70.15% and 88.55% respectively, the publication notes. New excise tax rates are also introduced in neighboring Uzbekistan. Thus, the excise tax on domestically produced ethyl alcohol will double to $1.21 per liter. At the beginning of 2023, it increased fivefold. Excise on some types of alcoholic beverages will increase by 5% later - from July 1. However, tariffs for imported alcohol are again reduced by about 5%. Now the minimum wholesale and retail prices for alcoholic beverages in Uzbekistan vary within the following limits: wines - $1.17 -1.33 per 1 liter of finished product, cognac, $4.65 - 5.35, vodka and other alcoholic products (except beer) $3.48. For comparison, in Kazakhstan from October 1, 2023, the minimum retail price of vodka, strong liquor and vodka products was $4.69 per liter, cognac and brandy $6.95 per liter. This Central Asian country, according to WHO, has the highest alcohol consumption compared to its neighbors. Kyrgyzstan ranks second, Turkmenistan third, followed by Tajikistan and Uzbekistan. Nevertheless, all countries in the region, except Tajikistan, have seen a decline in per capita alcohol consumption. For example, in Kazakhstan in 2010 it was 9.3 liters, and in 2016 this figure decreased to 7.7 liters. In Kyrgyzstan, during this time, total alcohol consumption decreased from 10.2 liters to 6.2 liters per capita. Similarly, in Uzbekistan, alcohol consumption fell from 3.2 liters to 2.7 liters. The same situation in Turkmenistan - alcohol consumption fell from 6 liters to 5.4 liters per capita. Only in Tajikistan is the opposite situation observed. People there began to consume more alcohol - 3.3 liters against 2.4 liters. Recall that all Central Asian countries have a ban on advertising of alcoholic beverages, and a number of measures are taken to reduce the consumption of alcohol by the population. For example, in Kazakhstan, Uzbekistan, Tajikistan and Turkmenistan the minimum legal age to buy alcohol is 21; only in Kyrgyzstan can it be bought from the age of 18.

Central Asia Turkmenistan International Affairs Turkmenistan International Affairs Turkmenistan Business & Economy Business & Economy

Turkmen Foreign Minister Visits Japan, Meets With Business Community

During a working visit to Japan on January 22nd, the Turkmen foreign minister, Rashid Meredov, held a meeting with the chief cabinet secretary of Japan, Yoshimasa Hayashi. They exchanged views on the current state of their countries' bilateral cooperation in priority areas, the Turkmen Ministry of Foreign Affairs reported, as well as prospects for developing ties. Mr Meredov stressed the positive dynamics in cooperation between Turkmenistan and Japan in the political, trade, economic, cultural and humanitarian spheres. The parties focused on the development of trade and economic ties, mentioning a number of successfully completed joint projects in the energy and gas chemical industries. They also identified priorities for further cooperation in the energy, industrial, and investment sectors, as well as in the fields of culture, science, and education. Also on January 22nd, the Turkmen delegation led by Mr Meredov met with representatives of the Japanese business community. It was suggested to invite Japanese companies to produce export goods with high added value in Turkmenistan, as well as to involve small and medium-sized enterprises from both countries in joint projects. Representatives of Japanese companies showed interest in cooperating in the fields of infrastructure and energy transition.

Central Asia Turkmenistan Life & Culture Turkmenistan Life & Culture

Turkmenistan and UNESCO: joint efforts to preserve cultural heritage

A regular meeting of the National Commission for UNESCO was held in the capital of Turkmenistan, Ashgabat. It was chaired by foreign minister Rashid Meredov. The meeting was attended by high-ranking representatives of the government and heads of key Turkmen agencies and ministries. Last year four documents were signed between Turkmenistan and UNESCO. This made it possible to take active measures to preserve the cultural and natural heritage of the Turkmen people. One of the main topics for discussion at this meeting was efforts to include Turkmenistan's national values in the UNESCO World Heritage Lists. During the past year, three objects of Turkmen culture were added to the UNESCO Representative List of Intangible Cultural Heritage. Another important step for Turkmenistan is the inclusion of a collection of manuscripts by Makhtumkuli Fraghi in the UNESCO International Memory of the World List. UNESCO’s list of commemorative dates for 2024-2025 includes the 300th anniversary of the birth of this important figure in Turkmen literature.

Turkmenistan International Affairs Turkmenistan International Affairs

European Commission Vice-President’s Visit a “New Impetus” to EU-Turkmenistan Relations

On January 17th, a delegation from the EU led by the Vice-President of the European Commission, Margaritis Schinas visited Turkmenistan as part of its wider tour of Central Asia, with Kazakhstan, Kyrgyzstan, and Uzbekistan being their previous stops. The visit comes ahead of the Europe-Central Asia Investors Forum, which aims at strengthening connectivity by developing transport routes within and between Central Asia and the European Union. It is also a testament to the growing partnership between the EU and the region, said the Delegation of the EU to Turkmenistan. In Ashgabat, Schinas met with the President of Turkmenistan, Serdar Berdimuhamedov, and the Deputy Chairman of the Cabinet of Ministers and Minister of Foreign Affairs, Rashid Meredov. At the meeting, key issues such as cooperation in the EU-Central Asia format, the engagement of Central Asian countries in the EU Global Gateway initiative, and the participation of Turkmenistan in the upcoming Investors Forum were discussed. Schinas welcomed Turkmenistan’s efforts in the process of its accession to the World Trade Organization and its commitment to becoming a member of a multilateral trading system, and congratulated Turkmenistan for joining the Global Methane Pledge at COP28 in Dubai. He also underscored the EU's commitment to human rights as a fundamental principle and commended Turkmenistan's engagement in the Annual Human Rights Dialogue. At a press briefing following the visit, Schinas said “I am proud to be the first Commissioner to visit Turkmenistan since the beginning of this European Commission five years ago. Turkmenistan is an important partner of the EU in Central Asia. My visit was an opportunity to discuss Global Gateway, the EU’s main investment strategy with partners worldwide. The Global Gateway is about investing in our mutual interests, and is ideally suited to Central Asia given that it is already the world’s gateway between East and West. It was also an occasion to give new impetus to EU-Turkmenistan relations across the board.”

Turkmenistan Life & Culture Turkmenistan Turkmenistan Environment

Citizens Unite for Environmental Clean-up

In a demonstration of communal commitment to the environment, over 100 citizens of Turkmenistan engaged in a clean-up initiative organized by the Malaysian oil and gas giant, Petronas. The event on Kiyanly beach, aimed at stimulating environmentally responsible behaviour, saw participants cleanse the shoreline of litter. Petronas regularly stages such events as part of its broader environmental policy, with employees of the company and citizens coming together, fostering a sense of shared responsibility. It is hoped that such initiatives can become a catalyst for lasting change.

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Central Asia’s Untapped Potential: Key to Green Transition, Food Security, and Digital Economy Growth

Central Asia, with its rich history as a crossroads of civilizations and a gateway between East and West, finds itself at a crucial juncture in its economic development. The region is showing signs of moving towards becoming a more cohesive economic group, an evolution that could have far-reaching implications for renewable energy development, food security, global commerce and geopolitics. Central Asian states are better positioned than ever to capitalize on their strengths and resources to help the rest of the world deal with climate change, security challenges associated with geopolitical shifts and the ongoing digital transformation of the global economy. Realizing this vast potential will require continued focus, commitment and cooperation from the region’s leaders, as well as long-overdue support from Western leaders for some of the most progressive reforms Central Asia has seen in recent years. Green energy potential Rich in natural resources, Central Asia is fast becoming pivotal for the global green energy transition. Leveraging vast reserves of rare earth elements (REEs) and other crucial minerals combined with its significant potential for renewable energy production, the region is increasingly recognized as a key contributor to realizing a more sustainable future. Kazakhstan, one of the region's major players, boasts over 56 identified deposits of REEs, with reserves and resources surpassing 450,000 tons. These elements, including lithium and cobalt production, are crucial for battery technologies powering renewable energy applications. This positions Kazakhstan as a significant supplier for the burgeoning green technology industry. Kyrgyzstan and Tajikistan also show promise. Inventory reviews of REE-bearing mineral occurrences and delineation of areas-of-interest suggest these countries could be home to considerable undiscovered resources, further boosting their contribution to green energy transitions. In addition to its abundant natural resources, Central Asia is an ideal candidate for green hydrogen production. Uzbekistan, with PowerChina and the Saudi company ACWA Power is constructing the country's first green hydrogen plant. Meanwhile, Kyrgyzstan and Tajikistan, with their surplus hydropower electricity, are well-positioned for hydrogen production. Once again, however, Kazakhstan boasts the most ambitious goal: The country aims to produce two million tons of green hydrogen annually by 2032, marking its intent to become a major player in the global green hydrogen market. In 2022, it inked a $50 billion deal with the German energy grou Svevind to build one of the world's largest green hydrogen plants supplying Europe. Kazakhstan, which holds 13% of the world’s uranium reserves, also leads the pack in uranium mining, meeting a significant portion of annual demand from Europe and the U.S.. As nuclear power plays a crucial role in the green energy transition, Kazakhstan's role is set to grow. The country is exploring new avenues to access the international market. On the other hand, Kyrgyzstan, Uzbekistan and Tajikistan are also known for their uranium deposits but they are currently prioritizing the remediation of past mining sites over active uranium production. This responsible approach underscores the region's commitment to sustainable development. Central Asia's commitment to a greener future extends beyond resource development.. Several states, including Kazakhstan, Turkmenistan,...