UNDP supports development of the country’s trade sector

June 25, 2021

Ashgabat, 25 June 2021: The United Nations Development Programme (UNDP) and the Ministry of Trade and Foreign Economic Relations of Turkmenistan implement a joint project “Strengthening the Trade Capacity of Turkmenistan” aimed at stimulating export diversification, increasing the share of products with higher added value in the export structure and reducing the dependence of the national economy on imports.

Within the joint project UNDP conducted five-day online training with participation of the international expert Mr. Achim Seiler for specialists of Ministry of Trade and Foreign Economic Relations of Turkmenistan, Ministry of Foreign Affairs of Turkmenistan, Ministry of Finance and Economy of Turkmenistan, Ministry of Agriculture and Environment Protection of Turkmenistan, Ministry of Industry and Construction Production of Turkmenistan, State Commodity and Raw Materials Exchange of Turkmenistan, Chamber of Commerce and Industry of Turkmenistan, Union of Industrialists and Entrepreneurs of Turkmenistan, and Main State Service of Turkmenistan "Turkmenstandartlary".

“Along with the transition to a market economy, the growth of entrepreneurship and the expansion of industrialization, the development of effective trade policy is a key factor for strengthening the country's trade position”, noted Mr. Akmyrat Danatarov, UNDP Programme Analyst for Governance, Economic Diversification, and Inclusive Growth.

The purpose of the five-day training is to strengthen the skills of specialists working in the field of trade in Turkmenistan to develop trade policies and to increase the country's export potential. This training is a continuation of the first mission of the international expert to Ashgabat from January 27 to 31, 2020, when he held consultations with the Ministry of Trade and Foreign Economic Relations of Turkmenistan and other departments of Turkmenistan related to the trade sector to assess their training needs.