Turkmenistan Business & Economy - The Times Of Central Asia

Viewing results 7 - 12 of 154

Central Asia Prioritizes Food Security Amid Shared Challenges

Food security remains a top priority for Central Asian nations, yet they face shared challenges that threaten regional stability. Deteriorating water resources, climate change, reliance on external food markets, and geopolitical pressures have intensified the need for regional cooperation in addressing these issues. Bilateral and Regional Efforts Talks between the presidents of Uzbekistan and Kazakhstan, Shavkat Mirziyoyev and Kassym-Jomart Tokayev, on August 8 underscored the importance of collaboration. The two leaders witnessed the signing of an agricultural cooperation agreement between their respective ministries. This followed Tokayev’s November 2022 visit to Tashkent, which was particularly productive in advancing food security. Agreements included joint production of mineral fertilizers and a bilateral cooperation program worth $1.3 billion aimed at boosting mutual trade and developing agricultural projects. Trade within Central Asia has grown significantly, with Uzbekistan’s trade volume with its neighbors nearly doubling between 2017 and 2019. Kazakhstan, the region’s leading grain supplier, plays a central role: • Uzbekistan accounts for 60% of Kazakhstan’s grain exports. • Tajikistan consumes 18%. • Kyrgyzstan takes 14%. • Turkmenistan absorbs 6%. Despite this growth, experts highlight the untapped potential for expanding trade and cooperation in agriculture. Common Challenges Food security challenges are compounded by shared threats, including demographic growth and dwindling water resources. The region’s population has reached 75.5 million, while irrigated land per capita has decreased by more than 25% over the past 15 years. Water availability in the Syr Darya and Amu Darya river basins—crucial for irrigating 10 million hectares - faces a projected 15% decline. This is exacerbated by the alarming retreat of glaciers that feed these rivers, jeopardizing long-term agricultural sustainability. The Need for Regional Solutions While each Central Asian country primarily relies on its resources to address food security, the interconnected nature of these challenges calls for a collective approach. Enhanced regional cooperation is essential to develop resilient agricultural systems, manage water resources effectively, and ensure sustainable growth in food production.

Central Asia Turkmenistan Turkmenistan Business & Economy Business & Economy Turkmenistan Features

Turkmenistan and Turkey Aim to Double Trade Turnover

Turkmenistan and Turkey have announced plans to double their annual trade turnover from $2.5 billion to $5 billion in the coming years. Turkish Trade Minister Ömer Bolat shared the goal during an exhibition in Ashgabat, where more than 70 Turkish companies were represented. He emphasized that the current trade volume is insufficient and that achieving this milestone would significantly strengthen economic ties between the two nations. Roadmap for Economic Cooperation A key step toward this goal will be the 8th meeting of the intergovernmental commission, scheduled for February or March next year in Ankara. According to Bolat, the meeting will approve a new roadmap for trade and economic cooperation. “We will develop our cooperation in various fields, following the vision of the leaders of our brotherly countries,” Bolat stated, highlighting the deep cultural and historical ties between Turkey and Turkmenistan. Priority Sectors The partnership will focus on several priority areas: • Energy: Discussions are underway to facilitate the transportation of Turkmen natural gas to Europe, which could lead to strategically important agreements. • Chemical Industry: Both countries aim to collaborate on projects that enhance the sector's development. • Trade Facilitation: Improvements in customs procedures and visa regime simplifications are expected to ease business interactions for citizens of both nations. Bolat also underscored the importance of Turkish construction projects in Turkmenistan, as well as the role of the Middle Corridor in boosting trade opportunities by improving goods transportation. Strengthening Economic Ties Turkey and Turkmenistan already maintain robust economic relations, with Turkey ranking as one of Turkmenistan’s leading trade partners. More than 600 Turkish companies operate in sectors such as trade, investment, construction, energy, transportation, communications, textiles, and processing industries. This strategic collaboration reflects shared cultural and historical roots, with both countries committed to furthering economic cooperation across various fields. The ambitious $5 billion trade goal demonstrates a mutual effort to deepen ties and expand opportunities in the region.

Central Asia Uzbekistan Tajikistan International Affairs Turkmenistan Turkmenistan International Affairs Tajikistan Business Economy Tajikistan International Affairs Kyrgyzstan International Affairs Turkmenistan Business & Economy Kyrgyzstan Uzbekistan Business & Economy Kazakhstan International Affairs Kazakhstan Business & Economy Kazakhstan Business & Economy Kyrgyzstan Business & Economy Features Uzbekistan International Affairs

Amid Sanctions, China’s Xinjiang Strengthens Ties with Central Asia

China’s Xinjiang region is deepening its engagement with Pakistan and Central Asia as part of efforts to counter Western sanctions and bolster its role in the Belt and Road Initiative (BRI). On November 26, officials from Xinjiang met with their counterparts from Kazakhstan’s Zhetysu region for the first meeting under a new cross-border coordination mechanism. The discussions focused on cross-border tourism, infrastructure, market regulation, quarantine measures, and joint crime prevention. The meeting culminated in the signing of a memorandum on cross-border tourism. The discussions took place near the port of Khorgos, a critical hub for the China Railway Express, which connects China with Europe. Khorgos is home to China’s first cross-border cooperation center, where residents of neighboring countries can engage in business and shop visa-free. The center allows duty-free purchases of up to 8,000 yuan ($1,104) per day. Xinjiang Governor Erkin Tunyoz stressed the importance of strengthening ties with Zhetysu in areas such as trade, tourism, security, and agriculture. This cooperation is becoming increasingly crucial for Beijing as Xinjiang grapples with sanctions from the United States and other Western countries over alleged human rights abuses—a claim that China denies. Sanctions include the U.S. Uyghur Forced Labor Prevention Act, which prohibits imports from Xinjiang suspected of being produced using forced labor. Similar measures have been implemented by Canada, the United Kingdom, and the European Union. In addition to its collaboration with Kazakhstan, China has established a dialogue mechanism with the five Central Asian countries—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Since 2020, foreign ministers from these nations have met annually to discuss logistics, trade, investment, agriculture, mining, and security. Li Lifan, a Central Asia scholar at the Shanghai Academy of Social Sciences, described Xinjiang as a “bridgehead” for the BRI. He highlighted the region’s rich natural resources and its role as a base for major industries, including automobile manufacturing. In 2023, trade between Xinjiang and Central Asian countries surged by 50%, reaching 283 billion yuan ($39 billion). Despite these successes, Li cautioned about future challenges. He noted uncertainties surrounding potential Western secondary sanctions, geopolitical tensions, and Russia's ongoing war in Ukraine. Additionally, U.S.-China relations remain fraught, with further unpredictability anticipated under the leadership of Donald Trump. “Full economic development may only be achievable once global tensions ease,” he said.

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

Construction of TAPI Gas Pipeline Begins in Afghanistan

Afghanistan has commenced the practical phase of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, one of the region’s most ambitious infrastructure initiatives. Local media report that essential materials and equipment have been delivered to the border areas between Afghanistan and Turkmenistan, enabling work to start on the Afghan section of the pipeline. The TAPI gas pipeline will span 1,814 kilometers, with 774 kilometers crossing Afghanistan. Once operational, the pipeline will transport 33 billion cubic meters of natural gas annually, significantly boosting economic development across the region. Afghanistan is set to receive 5 billion cubic meters of gas each year from the pipeline and create over 12,000 jobs for its citizens. Economists estimate that the project could generate approximately $1 billion annually in revenue for Afghanistan. Discussions around the TAPI pipeline began in the early 2000s, and in 2013, an agreement was signed to form a consortium. The Turkmen state-owned company Turkmengaz holds an 85% stake, while Afghanistan, Pakistan, and India each hold 5% shares. Construction on the Turkmenistan section of the pipeline began in 2015 and has since been completed. Afghanistan is the next country to advance the project, with work on the section from Serhetabat to Herat initiated in September this year.

Central Asia Turkmenistan Justice Turkmenistan International Affairs Turkmenistan Turkmenistan Local Politics International Affairs Turkmenistan Business & Economy Local Politics Business & Economy

Turkmenistan Tightens Border Rules to Limit Trips to Uzbekistan

Turkmenistan is imposing stricter regulations on cross-border tourism with Uzbekistan, reportedly to conceal its struggles to provide basic goods and services to its citizens, according to Eurasianet. In 2024, an increasing number of Turkmen citizens have been traveling to Uzbekistan to purchase food and essential items that are scarce in their own country, a reflection of Turkmenistan’s ongoing economic crisis. Over the past month, customs officials have introduced new rules aimed at curbing these cross-border trips, according to Radio Free Europe/Radio Liberty (RFE/RL). Travelers are now required to present a variety of documents, including marriage certificates and proof of residency, to cross the border. Residents of the Dashoguz Region have reported that dozens of people were denied exit for failing to provide all the necessary paperwork. RFE/RL suggests that the government views these trips as a source of embarrassment, highlighting the reliance of its citizens on Uzbekistan for basic necessities. To counter this perception, Turkmen authorities are tightening border controls. However, the report also notes that corruption persists; intermediaries can reportedly facilitate crossings for a $50 bribe. “Customs officers accuse these citizens of shaming the country by engaging in trade, and under this pretext, they stop them at customs,” RFE/RL quoted one individual as saying. Turkmenistan’s efforts to stem cross-border movement reflect its struggle to address domestic shortages while grappling with the broader implications of its economic challenges.

Education Central Asia Turkmenistan International Affairs Turkmenistan Local Politics Local Politics Turkmenistan Business & Economy

Turkmenistan Unveils New English Textbook for 11th Grade Students

A new English language textbook for 11th-grade students has been introduced in Turkmenistan’s general education schools. According to the Ministry of Education of Turkmenistan, the textbook incorporates modern didactic principles and advanced teaching methods to enhance students' reading, writing, and speaking skills. It aligns with the national curriculum, providing students with improved opportunities to communicate effectively in English. The release of this textbook is part of Turkmenistan’s broader effort to modernize its education system. A key component of this effort is the Concept for Improving Foreign Language Education in Turkmenistan, a policy focused on integrating language learning at all educational stages. Drawing on both domestic and international best practices, the policy aims to elevate language instruction across the country. English language teaching in Turkmenistan has seen significant progress: • In January 2024, the first TESOL conference brought together 250 educators to exchange experiences and explore innovative teaching techniques. • In August 2024, the U.S. Embassy, in collaboration with the Ministry of Education, conducted workshops to enhance the professional skills of English teachers. • In November 2024, Turkmenistan and the UK held discussions on strengthening educational cooperation and improved educational services. Turkmenistan’s focus on advancing English language education reflects its commitment to integrating into the global educational framework and fostering international collaboration. These initiatives aim to equip students and educators with the tools needed to engage in a globalized world.