Turkiye, Turkmenistan aim to increase trade turnover by 2.5 times

Turkiye and Turkmenistan are going to increase mutual trade turnover by 2.5 times to $5 billion, said Togan Oral, the Turkish Ambassador in Ashgabat, Report informs.

“Turkiye remains one of Turkmenistan's largest trading partners. Despite the effects of the pandemic, the volume of foreign trade between Turkiye and Turkmenistan increased by 41% compared to the previous year and exceeded $2 billion in 2021. Our total trade volume reached $1.33 billion in the first 8 months of 2022. We are trying to reach the $5 billion target set by our presidents as soon as possible," the ambassador noted.

Togan Oral stressed that Turkish companies have implemented more than 1,000 projects worth $50 billion in Turkmenistan.