Explanation

Turkmenistan Modernizes Its Banking System

Large-scale work is carried out to introduce digital technologies into the banking system of Turkmenistan, the State News Agency of Turkmenistan (TDH) said in an...

Incoterms 2020 Trade Regulations

Incoterms 2020 consist of 11 three-letter trading terms. The rules are classified according to the fees, risk, responsibility for formalities, as well as issues related...

Basics of Incoterms

The Incoterms are a set of 11 individual rules which define the responsibilities of sellers and buyers for the sale of goods in international transactions. The...

Concept of Trust Property in Turkmenistan

Article 14 of the Civil Code of Turkmenistan provides for the elimination of possible barriers to doing business in various fields, the management of movable...

Concept of Free Economic Zones in Turkmenistan

A free economic zone is a specially designated territory with clearly defined administrative boundaries, within which a special legal regime is established for participants in...