ASHGABAT, Turkmenistan, May 2. Turkmenistan and
Türkiye discussed prospects for further expanding trade and
economic cooperation, diversifying business ties, and advancing new
joint projects, Trend
reports via the press service of the Turkmen Government.
The discussions took place oduring a meeting between
Turkmenistan’s Ambassador to Türkiye Mekan Ishangulyev and
President of the Union of Chambers and Commodity Exchanges of
Türkiye Rifat Hisarcıklıoğlu.
Special attention was given to the implementation of new joint
projects across various areas of bilateral partnership.
In this context, the parties noted the significant potential for
steadily increasing bilateral trade volumes and for deepening and
intensifying ties between the business communities of the two
countries.
They also emphasized that the activities of the Turkmen-Turkish
Intergovernmental Commission on Economic Cooperation and the
Turkmen-Turkish Business Council, as well as the organization of
specialized exhibitions and joint business forums, are expected to
play an important role in this process.
For reference, Turkish companies are among the top economic
partners in Turkmenistan, having implemented over 1,400 projects
valued at more than $50 billion since 1991, with a strong focus on
construction, energy, textiles, and transport. Major Turkish firms
like Çalık Holding and Polimeks are heavily involved in key
infrastructure, industrial facilities, and the "smart city" of
Arkadag.
Türkiye’s trade with Turkmenistan reached $2.2 billion in 2025.
The main goal for bilateral trade is to reach $5 billion, a target
set by Turkish President Recep Tayyip Erdoğan and Turkmen President
Serdar Berdimuhamedov.
