During the plenary session of the business forum “Turkmenistan – European Union: New Horizons for Connectivity, Investment and Sustainable Growth,” the Minister of Finance and Economy of Turkmenistan, Mammetguly Astanagulov, presented a detailed overview of the current state and prospects of trade and economic cooperation between Turkmenistan and the European Union. Astanagulov, citing data from the State Statistics Committee of Turkmenistan, stated that the foreign trade turnover between Turkmenistan and EU countries for 2025 amounted to approximately US $2.1 billion. In annual terms (compared to 2024), this figure decreased by 17.7% (exports dropped by 21.2%, while imports fell by 11%). The share of EU states in the country’s total trade turnover stood at 10%.The head of the Ministry of Finance emphasized that the 3-percentage-point decrease compared to 2024 was driven by objective reasons: rising geopolitical risks and increased transportation costs. (ICE İSTANBUL)

Fonte notizia: News Central Asia