Agriculture is one of the key sectors of national economy, to which dynamic development Turkmenistan attaches the utmost attention. As it was informed, President Gurbanguly Berdimuhamedov signed number of Resolutions outlining the complex of measures of the government support and economic stimulation of national agricultural producers.

35 transactions were registered past week at the State Commodity and Raw Materials Exchange of Turkmenistan.

Turkmenistan increases production capacities in the import substitutive sphere. Representatives of private sector of national economy take active part in this process. Members of the UIET, , «Gündogar akymy» and «Kämilligiň gözbaşy» business entities build the plants for production of sunflower oil. In combination, these facilities will produce 24,000 tons of this product per year. Opening of the industrial facilities is planned in the next year.

Among strategic fields of partnership mentioned at the Turkmenistan–Azerbaijan high-level talks that were held in Ashgabat was transport, where broad opportunities exist for the development of transit and transport and logistics infrastructure. A particular example of that is signing of the relevant agreement on the Afghanistan–Turkmenistan–Azerbaijan–Georgia–Turkey (Lapis Lazuli) transport corridor to access Europe. In this regard, the sides mentioned effective contacts with relevant international structures: TRACECA, the International Road Transport Union (IRU) and others.

The aspects of intensifying the cooperation in economics and trade were discussed at the Turkmenistan–Azerbaijan high-level talks that took place in Ashgabat. The sides highlighted the role of the joint Intergovernmental Commission in developing and expanding the range of traded products, and encouraged the intensification of its work.

Last day of International Conference OGT 2018 was opened by the session dedicated to priority directions and forecasts of development of petrochemical industry as well as to the world trends of market development. Representatives of foreign oil, gas and service companies, big competent organizations, different Government structures, ministries and departments from Russia, USA, Japan, UK, Germany, China, France, UAE, Malaysia and other European, Asian, Middle East and CIS countries as well as national and foreign mass media took part in the forum.

A groundbreaking ceremony has been held in Charjev etrap, Lebap velayat to formally launch the construction phase for a new 432-MW gas-turbine power plant. The event marked another important step towards implementing the economic strategy of the President of Turkmenistan, whose key aspect is to boost the domestic power sector’s generating capacity and export potential.

- I come to Turkmenistan for participation in various profile reviews with Gas Congress and International Exhibition and Conference Oil and Gas of Turkmenistan 2018 as the most important ones for five years. In addition to its direct purpose, these forums serves as a ground for presentation of the achievements and capabilities of Turkmenistan.

XXIII International Exhibition and Conference “Oil and Gas of Turkmenistan 2018” (OGT 2018) organized by the State Concern Turkmenneft and Trade and Industrial Chamber has started work in the capital.

Profile conference with the participation of the delegates from USA, Europe, Asia, Middle East and CIS countries too place under international oil and gas exhibition. There were specialists of oil and gas industry, representatives of production facilities, scientific circles and other among them, around 500 delegates of 200 international and Government organizations as well as representatives of foreign companies, mass media and diplomatic missions of more than 40 countries altogether.