EBRD delegation holds negotiations in Turkmenistan

Turkmenistan, Ashgabat, Sept.17 / Trend H.Hasanov /

A delegation of the European Bank for Reconstruction and Development (EBRD), headed by senior advisor Paul Moffat, arrived in Ashgabat to hold talks with the Turkmen government.

One of the largest financial organizations will hold several meetings at the ministries to discuss the further expansion of the mutually beneficial cooperation, the Turkmen national Yashlyk TV channel reported.

The EBRD is not an agency of the European Union. The bank's shares are held by 60 countries and it does not hold a status of international organization. Turkmenistan is one full shareholders and founders of the bank.

The EBRD was established in 1991 during the breakdown of the Soviet Union to provide financial assistance to the development of the private sectors of the CIS countries, as well as the Central and the Eastern Europe, which were transiting from the planned administrative economy to the open market.

Under the Constitution adopted in 2008, Turkmenistan announced its intention to move gradually to market economy. The main activity of the bank is to promote the private sector development, including small and medium businesses.

According to goals determined by the Turkmen leadership, the country expected to develop the small and medium businesses during the transition. The target is to increase the share of private sector in the economy (excluding energy and other strategic industries) to 70%.

Do you have any feedback? Contact our journalist at: [email protected]

Armenia outraged by Russian PACE delegates refusal to discuss so-called "issue of POWs”
Armenia outraged by Russian PACE delegates refusal to discuss so-called "issue of POWs”
Museums like War Trophy Park in Baku, open in many countries - Russian historian
Museums like War Trophy Park in Baku, open in many countries - Russian historian
Soldiers were unprepared for war with Azerbaijan - ex-secretary of Armenian Security Council
Soldiers were unprepared for war with Azerbaijan - ex-secretary of Armenian Security Council
Loading Bars
Latest
IMF says breakeven oil price for Azerbaijan to drop in 2022
Iran begins new discussions within North-South Corridor
Uzbekistan reveals COVID-19 data for April 21
Azerbaijan's 1Q2021 oil export slightly declines
Azerbaijan boosts gas exports
Amazon to let Whole Foods shoppers pay with a swipe of their palm
UAE may impose virus curbs on unvaccinated people
Georgia reports 1,310 coronavirus cases for April 21
Wix launches mobile app to expand customer base
China interested in more gas supplies from Russia
BP, Turkey agree on new transportation fee for Baku-Tbilisi-Ceyhan – sources
WB to support transport and logistics in Georgia
Uzbekneftegaz prevents daily reduction in total gas volume at Mubarek gas processing plant
Economy minister reveals total investments in industrialization in Azerbaijan
Iran boosts dried fruit exports
Gold price in Azerbaijan grows
Azerbaijan unveils volume of oil production from ACG, Shah Deniz fields for 1Q2021
Kazakhstan to auction off several land plots for subsoil use
President Rouhani talks Iran's Health Reform Plan
India to send 10 MT life-saving drugs to Sudan
Azerbaijan discloses 1Q2021 state budget revenues
Iran’s PMO talks about cargo movements in Dayyer port
Azerbaijan reveals 1Q2021 gas production indicators from ACG, Shah Deniz fields
Baku Higher Oil School wins Regional Petrobowl Competition
Kazakhstan's monetary base value surges
Memorandum of understanding signed between Turkmen, Kyrgyz coworking centers
Germany increases exports of locally-made goods to Kazakhstan
PM Modi’s visit to Portugal for India-EU summit called off, virtual summit on 8 May
Cabinet approves MoU between India, Bangladesh to increase cooperation in trade remedies
Uzbekistan talks increase of competitiveness of Trans-Caspian int’l transport route within Turkic Council
Bulgaria receives significant cargo permits from Georgia - Ministry
UK inflation rises to 0.7% in March as clothing and fuel prices grow
Georgia lowers import of Turkish-made chemicals
Turkmen company continues construction of passenger car terminal
Export of Turkish furniture to Uzbekistan surges
Production of petrochemical products Jam Petrochemical Complex increases
Cargo Targeting System to increase transit potential of Azerbaijan - SCC
Uzbekistan shares data on textile exports
Azerbaijan sees decrease in oil prices
Azerbaijani currency rates for Apr.21
Kazakhstan’s oil-producing company opens tender to buy spares
Russia organizes tenth charter flight from Turkmenistan
Armenia trying to deceive int'l community instead of fulfilling trilateral statement - MFA
Ethylene production of Iran's Jam Petrochemical Complex increases
Turkey issues 2M2021 data on volume of cargo shipment through Zonguldak port
Kazakh MPs approve bill on improving budgetary legislation
TAP begins to make contribution to Enagas’ financial results
Azerbaijan shares footage from Gubadly's Ulashly village (VIDEO)
Enagas reduces emissions by 63% since 2014
Iranian currency rates for April 21
Azerbaijani Qala Hayat's insurance collections up for 2020
Natural gas prices to average one-third higher y-o-y
Azerbaijan's AIA and ARPA to work on risk insurance
Oil prices to be in line with their 2017-19 average
Iran expected to increase oil output - Vienna Energy Research Group
JCPOA Joint Commission sets third expert group
Crude oil consumption still 6% lower than pre-crisis levels
Oil prices drop as India's COVID-19 surge crimps demand outlook
Georgian Central Bank to carry out same intervention volume as in 2020
Azerbaijan eyes to speed up audit digitalization in 2021 (INTERVIEW)
GM outlined plans to allow remote work after the pandemic
Turkey replaces trade chief, appoints two new ministers after restructuring
Kyrgyzstan's population outflow decreased by 21% in 2020: statistics
Georgia 60th out of 180 countries in World Press Freedom Index
Main electricity of Natanz Enrichment Facility connected
Apple introduces new iPad Pro featuring 5G, M1 chip
Canada-U.S. border restrictions agreement extended another month
Toshiba says CVC to ‘step aside to await’ guidance over offer
Azercosmos' new platform to provide uninterrupted internet across Azerbaijan
Malta posts 1.3-bln-euro budget deficit for 2020
EU to donate 145,000 Pfizer vaccine doses to Albania
15 generals to ensure transition in Chad after death of President Deby
Indian PM rules out lockdown despite second wave of COVID-19
Turkey reports over 62,000 COVID-19 cases
Azerbaijan's import of cars from Turkey drops
Municipality of Turkey’s Agri province opens tender to buy diesel fuel
Chad leader Deby, key Western ally, killed in battle
Turkish energy company opens tender to build power plant in Istanbul city
Production of Sputnik V vaccine launched in Argentina
CBI allocates $178 m to buy COVID-19 vaccines - CBI chief
Bulk of calculations in Azerbaijan's trade turnover made via FCC - state committee
Azerbaijan limits import of meat products from several countries
Azerbaijan's Azexport portal reveals total value of export orders
Azerbaijani Finance Ministry places medium-term bonds on auction
Opportunities for partnership among SMEs expanding between Azerbaijan and Turkey
Main reason for Georgia's increase of electricity imports revealed
Prices for summer cottages, private houses increase in Baku
Number of client accounts in Azerbaijani banks increasing
Uzbekistan’s 1Q2021 export of fruit and vegetable products slightly down
Azerbaijan's National Depository Center talks another interest payment on SOCAR bonds
Karabakh suffered from Armenian occupation for nearly 3 decades - Turkish MP
Search for missing servicemen continues – Azerbaijani Military Prosecutor's Office
Armenia doesn't comply with clause of Nov.10 statement on restoration of economic and transport ties – Azernews
Support to Eastern Partnership states - key pillar for European Council, Charles Michel says
Azerbaijan joins initiative of single roaming space between Eastern Partnership countries
Turkish Airlines receives permission to operate flights to number of Uzbek cities
Kazakhstan’s KMK Munay decides against paying out dividends for 2020
Kazakhstan's revenues from maritime cargo transport surge
High freight rates significantly raise global prices of commercial ships
Central Bank of Iran allocates funds for import of vaccines
All news