BAKU, Azerbaijan, June 24. Turkmenistan and
Georgia discussed prospects for expanding cooperation in the
financial and economic sectors.


This was published in a press release by the Embassy of
Turkmenistan in Georgia on June 24.


"On 24 June 2026, a meeting was held between Ambassador
Extraordinary and Plenipotentiary of Turkmenistan to Georgia
D.Seyitmammedov and Minister of Finance of Georgia L.Khutsishvili,"
the report says.


According to the press release, the sides reviewed the current
state of bilateral cooperation in the financial and economic sphere
and exchanged views on opportunities for its further
development.


Particular attention was paid to expanding investment
interaction, developing the banking sector, improving tax
administration and enhancing the efficiency of financial
mechanisms, according to the embassy.







The report noted, that the participants also discussed the
implementation of joint initiatives aimed at supporting sustainable
economic growth and emphasized the importance of strengthening
trust between the financial institutions of the two countries.


The sides reaffirmed their commitment to maintaining regular
contacts and coordinating efforts to further strengthen
Turkmen-Georgian economic ties, the Embassy reported.


For reference, trade and economic relations between Turkmenistan
and Georgia are based on a stable legal framework consisting of
bilateral agreements and multilateral trade arrangements. Despite
Georgia’s withdrawal from the Commonwealth of Independent States
(CIS) in 2009, the two countries continue to apply the provisions
of the 1994 CIS Free Trade Area Agreement in their bilateral trade,
ensuring preferential tariff treatment and facilitating transit
operations.


Bilateral economic cooperation is coordinated through the
Intergovernmental Turkmen-Georgian Commission on Economic
Cooperation, which serves as the principal mechanism for monitoring
the implementation of existing agreements and identifying new areas
of cooperation. The Commission’s agenda covers trade, transport,
logistics, energy, investment, and other sectors of mutual
interest.