Source link : https://asia-news.biz/asia/turkmenistan/uzbekistan-and-turkmenistan-aim-to-double-trade-turnover-to-2bn-in-coming-years-daryo-uz/
In a significant move aimed at strengthening economic ties, Uzbekistan and Turkmenistan have announced plans to double their bilateral trade turnover to $2 billion in the coming years.This ambitious target reflects the two Central Asian nations’ commitment to enhancing collaboration across various sectors, capitalizing on their geographic proximity and shared objectives.As both countries seek to diversify their economies and boost regional integration, the planned increase in trade is expected to open up new opportunities for growth and development.Industry experts view this initiative as a pivotal step toward fostering a more interconnected economic landscape in Central Asia, promoting sustainable growth and cooperation between these neighbors. This article delves into the potential implications of this trade enhancement and examines the key sectors that will likely drive this partnership forward.
Uzbekistan and Turkmenistan Set Ambitious Trade Goals Amid Regional Cooperation Initiatives
In a strategic move to bolster economic ties, Uzbekistan and turkmenistan have unveiled an ambitious target to increase their bilateral trade turnover to $2 billion over the next few years. This initiative comes amid a backdrop of increasing regional cooperation aimed at enhancing connectivity and trade efficiency. Both nations are focusing on key sectors to drive growth, including:
- Energy: Collaborating on natural gas and electricity projects to ensure a stable supply.
- Agriculture:…
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Author : Ethan Riley
Publish date : 2025-04-25 11:34:00
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