BAKU, Azerbaijan, June 29. Turkmenistan
discussed expanding economic cooperation with the Union of Chambers
of Commerce and Industry of Turkic States during talks in
Istanbul.
This was reported in a press release published by the press
service of the Turkmen government on June 29 following a meeting
between a Turkmen delegation led by Chairman of the Chamber of
Commerce and Industry of Turkmenistan Mergen Gurdov and Secretary
General of the Union of Chambers of Commerce and Industry of Turkic
States Adem Kula.
"During the talks the sides discussed the prospects for
deepening multilateral economic cooperation within the Turkic
states, emphasizing the importance of involving Turkmenistan's
business community in joint initiatives aimed at developing trade,
industrial cooperation and sustainable production and logistics
chains," the report says.
The discussions focused on strengthening cooperation among
business communities and promoting broader economic engagement
across the Turkic region.
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.
