UNDP and the Ministry of Trade and Foreign Economic Relations of Turkmenistan establish partnership with the World Trade Institute

October 9, 2020

Ashgabat, 8 October 2020: Representatives of the United Nations Development Programme (UNDP) and the Ministry of Trade and Foreign Economic Affairs of Turkmenistan held an online meeting with the World Trade Institute (Bern, Switzerland) within the framework of the joint project “Strengthening the Trade Capacity of Turkmenistan”. The purpose of the meeting was to familiarize the specialists of the project and the ministry with the research activities of the Institute and discuss opportunities for cooperation to improve the qualifications of specialists from the Ministry of Trade and Foreign Economic Affairs of Turkmenistan.

“Competitive modern economy requires skilled specialists, access to new knowledge and technologies.  Therefore, UNDP is thrilled to facilitate a broad-based partnerships between our National Counterparts and leading international academic and research institutions, such as World Trade Institute”, noted Ms. Natia Natsvlishvili, UNDP Resident Representative a.i.

Representatives of the Institute made presentations on the activities of the Institute in the field of trade research, and touched upon such topics as development economics and world trade, globalization, trade in services, open economy policy, competition and regulation of the firms, trade and investment policy.

The meeting participants noted the relevance of the new partnership in the context of the global pandemic and wished the early development of new partnerships between the Ministry of Trade and Foreign Economic Affairs of Turkmenistan and the World Trade Institute.

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“Strengthening the Trade Capacity of Turkmenistan” project was signed between the Ministry of Trade and Foreign Economic Relations of Turkmenistan and UNDP to develop trade capacity of the country through the development of human capital in order to increase the competitiveness of national staff and transform human intelligence into the leading factor of economic growth and national competitiveness, diversification of export and increasing the share of higher-value added products in export composition.

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