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Economy / Turkmenistan

Trade Opportunities

May 2006 | Economic Analysis

Turkmenistan is stepping up its involvement in the geopolitical energy game currently underway in Central Asia. With its substantial reserves of natural gas (second only to Kazakhstan in the region), two new trade deals have demonstrated the importance of energy in bilateral relations with both the East and Western heavyweights. In early April, President Saparmurat Niyazov ended a six-day trip to China with a new agreement to send some 30bn cubic metres of natural gas annually from 2009. Facing the opposite way, the EU has sparked some controversy as it considers passing a new trade agreement as part of its

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