Ashgabat, 13 August 2021: The project “Strengthening the Trade Capacity of Turkmenistan” jointly implemented by the United Nations Development Programme (UNDP) and Ministry of Trade and Foreign Economic Relations of Turkmenistan, convened an online Project Board meeting.

The event was co-chaired by the Ministry of Trade and Foreign Economic Relations of Turkmenistan and included representatives of the State Commodity and Raw Materials Exchange of Turkmenistan, Chamber of Commerce and Industry of Turkmenistan and the Union of Industrialists and Entrepreneurs of Turkmenistan.

During the event, the participants reviewed the progress made within a first half of the year and discussed the next steps for the project implementation activities in accordance with the project Annual workplan to ensure a successful implementation of the project goals.

“UNDP stands ready to continue the strategic partnership with the Government of Turkmenistan to promote the development of internal and foreign trade policies” – noted Rovshen Nurmuhammedov, UNDP Assistant Resident Representative in his opening statement.

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A joint project between the UNDP and the Ministry of Trade and Foreign Economic Relations of Turkmenistan “Strengthening the Trade Capacity of Turkmenistan” was launched in 2019 and aims to contribute to strengthening and building trade capacity of Turkmenistan, expand competitive potential of country’s economy, and based on that engage new sources of economic growth and improvement of welfare of people.