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    Turkmenistan

    EU expands its trade partnerships with Turkmenistan

    EU expands its trade partnerships with Turkmenistan

    Turkmenistan's trade with the countries of the European Union totaled over €494.66mn from January to May 2023, up 17.8% YoY, the Ministry of Finance and Economy of Turkmenistan reports.

    Turkmenistan exported €273.16mn worth of goods to the EU, a 29% increase from the previous year. Imports from the EU to Turkmenistan increased by 4% to €221.5mn.

    The European Parliament will ratify the Partnership and Cooperation Agreement (PCA) with Turkmenistan, which has been governed by an Interim Trade Agreement for over a decade.

    Experts told Daryo that the EU hopes to receive Turkmen gas via the Caspian Sea, Azerbaijan, and Türkiye, which would give energy security to the continent that has depended on Russia.

    Turkmenistan's President Serdar Berdimuhamedov is due to visit Brussels later this year. 

    Credits: Eziz Boyarov

    07.09.2023, 14:02   Comments (0)   1689
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    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

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