BAKU, Azerbaijan, June 28. Turkmenistan and
Türkiye discussed expanding business ties and boosting bilateral
economic cooperation during talks held in Istanbul.
This was reported by the Government of Turkmenistan following a
meeting between a Turkmen delegation led by Chairman of the Chamber
of Commerce and Industry of Turkmenistan Mergen Gurdov and First
Vice President of the Union of Chambers and Commodity Exchanges of
Türkiye Ali Kopuz.
According to the government, the sides discussed "strengthening
cooperation between the chambers of commerce and industry of the
two countries, expanding business contacts and creating favorable
conditions for the further growth of bilateral economic
cooperation."
The parties also reaffirmed their mutual interest in
consistently developing the Turkmen-Turkish economic partnership
and emphasized the importance of expanding mutually beneficial
cooperation, increasing bilateral trade and implementing new joint
investment and industrial projects, the report says.
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.
