ASHGABAT, Turkmenistan, February 21.
Turkmenistan and the United Arab Emirates discussed further
expanding bilateral trade and economic cooperation between the
chambers of commerce of the two countries,
Trend reports via the Embassy of Turkmenistan in UAE.
The talks were held during a meeting between Turkmenistan’s
Ambassador to the UAE, Bayram Bayramov, Chairman of the Sharjah
Chamber of Commerce and Industry, Abdullah Sultan Al Owais, and
Secretary General of the Federation of UAE Chambers of Commerce &
Industry, Humaid Ben Salem.
The sides positively assessed the outcomes of the Second
Turkmenistan–UAE Business Forum, held in Sharjah on October 2,
2025.
Particular attention was paid to the initiative to organize the
third forum in Ashgabat in the first half of 2026, possibly in
parallel with major international exhibitions such as Turkmentravel
2026, Agro Pack Turkmenistan 2026, or Turkmentextile Expo 2026.
The parties also discussed the participation of Turkmen
companies in the Hive Furniture Show 2026 at the Sharjah Expo
Centre.
In addition, the importance of signing a memorandum of
understanding between the chambers was emphasized as a step toward
institutionalizing cooperation and promoting joint projects.
Earlier, in late 2025, UAE Ambassador to Turkmenistan Ahmet
Al-Khay Khamad Al-Hammeli expressed his country’s willingness to
double the trade turnover between the two countries in the coming
years.
The non-oil trade nexus between Turkmenistan and the United Arab
Emirates (UAE) attained a substantial valuation of $1.8 billion in
the fiscal year 2024, reflecting a remarkable 75% escalation
relative to the preceding year, 2023. The UAE occupies a prominent
position within Turkmenistan's trading ecosystem, securing the
third spot in the initial three quarters of 2025.
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