• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09790 0.41%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
25 May 2025

Viewing results 139 - 144 of 175

Kazakhstan Wants to Import Gas, Electricity From Turkmenistan

Kazakhstan’s energy minister Almasadam Satkaliev voiced the idea of importing energy from Turkmenistan at a government meeting on March 26. “We have regular discussions about the supply and exchange of energy resources with our Central Asian counterparts. Turkmenistan is able to provide electricity. At the moment, [Turkmenistan] exports to Kyrgyzstan,” said Satkaliev. He added: “We act on our own needs and repair schedule. We are ready to consider the proposals of our Turkmen colleagues for both gas and electricity, based on their commercial attractiveness for our consumers.” Satkaliev further stated that although Turkmenistan had not yet disclosed any official prices for power or gas, Kazakh companies themselves would clarify the details to determine the commercial attractiveness of the offer. Earlier this month, news outlet Chronicles of Turkmenistan reported that the head of the country's parliament, Gurbanguly Berdimuhamedov, has spoken of Turkmenistan's willingness to export natural gas and electricity to Kazakhstan, Azerbaijan, and Turkey.

Turkmenistan’s Government-Supplied Agricultural Services Soar in Cost

The prices for several services provided by the state to farmers in Turkmenistan have increased several times over, according to a report from news portal Turkmen.news after reviewing documents showing the old and new prices for government goods and services. The price levels in the table are separated by different productivity per hectare, which, in turn, depends on the specific area of the crop. The table defines six stages of medium-fiber cotton yield from 7 (previously 6.4) to 40 centners (one centner is 100kg) per hectare. The price of mineral fertilizers for 1 hectare was 146.64 manat ($7.5 at market rate) in the past, but since the start of 2024 it has increased to 878.7 manats ($45). Seeds for 1 hectare were delivered for 38.83 manat ($2), and now for 103.51 manats ($5). It used to cost 53.88 manat ($2.50) to irrigate 1 hectare of land, but now it costs 208.6 ($10.50). The table also calculates the income of farmers based on all these costs. Before the recent increase in cotton and grain prices, the lowest-yielding tenants received 960 manat ($49) per hectare, and after all subtractions, they were left with just 8.6 manat ($0.40). For fields of the high productivity category - 40 centners per hectare, the standard initial income is 20,000 manat ($1,000), and after fees for state services - 15,000 manat ($770) per hectare. Tenants typically farm from three to 20 hectares, often up to five hectares, depending on their means. These are mostly useless, low-fertility croplands. There remains one glaring problem beyond the price hikes for government services and goods. In practice, farmers' costs aren't limited to payments for the aforementioned services. Firstly, farmers have plenty of informal costs. For example, a tractor driver hired by a farmer doesn't go to the field for free; they should be paid at least 100 additional manat just for showing up. Furthermore, things like timely supply of high-quality and mold-free seeds and fertilizers, the battle with chronic drought - all of these hindrances require large amounts of money to overcome. Second, the official quotas for fertilizer distribution by the state are greatly underestimated. Under government guidelines, 370 kilograms of urea and 500 kilograms of nitrogen are allocated for each hectare. According to the calculations of experienced farmers, at least 600 kilograms of urea are needed per hectare. But it's impossible to get that much at the state price, so one must buy additional fertilizers from private traders at a completely different, higher price. As a result, many villagers hand over their crops to the state and become indebted for all the above services. Villagers are looking for all kinds of additional ways to earn money, most of which are illegal. So, they rent fields for cotton and grain, but at the same time they grow vegetables on a part of the land. But this requires a more expensive rent payment and a separate contract. The result is that most of the farmers are giving up farming altogether and attempting...

Turkmenistan and Italy Expand Transport Cooperation

A Turkmen delegation led by the Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan, Rashid Meredov visited Italy on March 20th for negotiations with the Deputy Prime Minister and Minister of Foreign Affairs of Italy Antonio Tajani. The foreign ministers discussed bilateral relations in political, diplomatic, trade, economic, cultural and humanitarian sectors. The Turkmen Foreign Minister also held talks with the Deputy Prime Minister, Minister of Infrastructure and Transport of Italy, Matteo Salvini and top representatives of the Italian transport sector. The parties discussed expanding cooperation in the field of railway and maritime transport, and signed a Memorandum of Cooperation between the ports of Turkmenbashy (Turkmenistan) and Naples (Italy).

Turkmenistan and EU Discuss New Projects

A roundtable discussion called Turkmenistan and the European Union: Towards a New Economic Partnership took place in Brussels, Belgium on Monday. The event featured business meetings between Turkmen representatives and members of EU business circles. Turkmenistan’s minister of foreign affairs, Rashid Meredov, held meetings with the leaders of the Walloon Export and Investment Agency, the Organization for Economic Cooperation and Development (OECD), and the vice-presidents of Picanol and Philips. The director of the country's Transport and Communications Agency Mammetkhan Chakiyev met with the management of Cargolux, Exagon Global BV, Royal IHC, and the Dredging, Environmental and Marine Engineering NV (DEME Group), in addition to executives from the Port of Antwerp. The parties talked about Turkmenistan's production of equipment logistics, digitalization, industrial technologies, and service centers. Discussions touched upon prospective projects and investment activities.

Turkmenistan Bans Iranian Colas and Face Creams

Authorities in Turkmenistan have introduced a number of new import restrictions, according to a report by correspondents from the Chronicles of Turkmenistan. At the request of Iran, the Bajgiran border crossing with Turkmenistan was closed from February 25 to March 11. The crossing is now operational, but imports of bottles of cola and hand and face cream from Iran are forbidden. Customs officials cited the discovery in February of multiple individuals smuggling drugs in cola and face cream bottles as justification for the import ban on those specific goods. Permits for commercial border crossings are granted for six months at a time, and certificates and other paperwork have to be compiled by those who wish to extend their permits. These are now only accepted on one working day per month, as opposed to previously being accepted on any working day. The one working day per month is also subject to change. On that one day, authorities will accept documents from up to 100 people. The prohibition on import of goods that are in high demand has already dealt a serious blow to cross-border merchants and traders -- even though many of them have valid permits to enter the neighboring country, and the prospects for getting new ones include a long, arduous process.

Turkmenistan’s Food Prices Continue to Rise

The prices of subsidized products in Turkmenistan's state stores continue to rise, according to a report by correspondents from the Chronicles of Turkmenistan. Beginning March 12, the price of a kilogram of poultry increased to 35 manat ($10) from 21 manat ($6). The price for domestically produced chicken is the same as for poultry imported from Turkey. In some stores chicken legs are still being sold at the old price -- 16 manat ($4.57) per kilogram -- but according to sellers, new batches could be more expensive. These days in various parts of Turkmenistan's capital Ashghabat, private traders are selling rice -- the price of which has increased by three manat per kilo -- directly from trucks. As of March 6, eggs have become more expensive in Ashgabat's state stores. The price has increased to 1.50 manat ($0.43) and 45 manat ($12.86) for a 30-egg tray, respectively, from one manat ($0.29) per egg or 30 manat ($8,57) per tray. The cost of flour went to 3-5 manat ($0.86 – $1.43) per kilogram from one manat ($0.29) in February -- while the cost of bread increased to four manat ($1.14) from one manat ($0.29) per loaf. Turkmenistan's president Serdar Berdimuhamedov signed an order to raise the purchase prices of wheat and cotton by two to three times beginning with the harvest of 2024 -- just before the sharp increase in the prices of goods in state stores.