Turkmenistan Essential For Lapis Lazuli Corridor – IRU
Afghanistan, Turkmenistan, Azerbaijan, Georgia, and Turkey signed an agreement in 2017 on the creation of the Lapis Lazuli transport corridor. This corridor is an international...
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What are Restrictions on Real Estate Organization’s Activities in Turkmenistan?
According to the Law of Turkmenistan on Real Estate Activities, a real estate organization is not entitled to:
conclude an agreement, the subject of which is...
Cotton Prices Forecast to Rise Globally This Year
Cotton was among the commodities whose price rose the most earlier this year. Cotton futures peaked above $1.50 per pound (1 kg = 2,2046226218 pounds)...
Consumer’s Right to Products of Good Quality in Turkmenistan
What are the rights of a consumer in Turkmenistan to a product (work, service) of good quality and to check its quality?
According to the Law...
Importance of Central Asia in Eurasian Logistics System
New developments in the global supply chain have pushed countries to search for shorter and cheaper routes. According to experts, Central Asia - Iran -...
Recession and Measures to Overcome It
Growing recession concerns in global markets, particularly in China, the EU and the US, are creating stress for the world.
What is a recession?
As defined by...
Loans of Turkmen Banks Exceed 84.3 Billion Manats
As of July 1, 2022, the total amount of loans allocated by credit institutions of Turkmenistan to enterprises, organizations and population in national currency exceeded...
Amount of Cashless Transactions in Turkmenistan Exceeds 6.2 Billion Manats
The total amount of non-cash transactions via bank cards in Turkmenistan from January to June 2022 exceeded 6.2 billion manats. According to the Central Bank's...
Necessary Conditions For Transition to Renewable Energy
Awareness of sustainable environment and global warming is increasing worldwide. The fossil fuels are expected to be replaced by renewable energy sources. Even after years...
How are Free Economic Zones Financed in Turkmenistan?
Funding for the creation, maintenance and development of free economic zones is carried out in accordance with the Article 11 of the Law of Turkmenistan...
