8th session of the Caspian Sea Port Authorities commenced its work in Turkmenbashi. During two days, representatives of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan will be discussing cooperation in shipping industry, maritime cargo handling, ensuring navigation security, developing port infrastructures, exchanging logistical information, protecting marine environment of the Caspian and other issues.

An exhibition of economic achievements of Turkmenistan has opened in Ashgabat. Traditionally held ahead of Independence Day, the economic forum offers a special year-end account, which clearly demonstrates achievements in the national economy.

The Turkmen capital hosted an opening of the Turkmen-Chinese Research and Innovation Forum “Innovations, new technologies and issues of their manufacturing application”, organized by the Academy of Sciences of Turkmenistan and the P.R.C. Ministry of Science and Technology. Opening of the conference took place in the Center of STA technologies.

The oil and gas sector of Turkmenistan is planning to actively develop new prospective fields. The issue was under discussion at the enlarged session of the Cabinet of Ministers of Turkmenistan, which focused on the nine-month state-of-the-economy results of 2017.

Enterprises of the Union of Industrialists and Entrepreneurs of Turkmenistan saw a 36.3 percent increase (from last year) in the output of industrial products in the running year’s January-September period. The production of agricultural and food products in the private sector rose by 42.6 percent.

During the nine months of 2017, construction projects were completed in Turkmenistan at a cost of more than $ 4.5 billion. Vice-Premier D. Amangeldiev (who is in charge of construction, energy and municipal services) released the information at the enlarged Cabinet session.

According to the data collected by the State Statistics Committee for the nine months of 2017, many sectors of the economy of Turkmenistan saw a steady increase in output.

The state association ""Turkmenhaly"" (""Turkmencarpet"") will be privatized. This was stated by the President of Turkmenistan Gurbanguly Berdimuhamedov at a government meeting dedicated to the results of 9 months of 2017.

The energy sector of Turkmenistan exceeded the planned targets for 9 months of 2017.

Past week at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan 26 transactions were registered.