Increment of volumes and expansion of variety of production made in the country is an important direction of economic policy of the country. fundamental changes are carried out in this sphere due to successful implementation of large-scale programmes of modernization and diversification of national economy, development of industrial section and agricultural complex. The demand on local goods is growing both in home and foreign markets.

President Gurbanguly Berdimuhamedov and members of the First Caspian Economic Forum visited International Exhibition of Innovative Technologies and Türkmen sährasy-2019 motor review.

In the afternoon, the conference hall of Berkarar Hotel hosted the meeting of representatives of business circles of Caspian states. Its agenda included topical subjects of establishment of international cooperation, attraction of foreign investments and technologies in different branches of the states of the region, discussion of perspective joint projects.

The first session of Turkmen – Astrakhan business council on entrepreneurship turned into interested exchange of opinions on the potential and perspectives of development of cooperation. Current meeting is one of the events held under the First Caspian Economic Forum.

Caspian Exhibition of innovative technologies and Türkmen sährasy-2019 International exhibition, which were organized under the First Caspian Economic Forum, were opened in Turkmenbashy.

Regular the fourth in this year issue of scientific and practical magazine Finances and Economics is dedicated to coming First Caspian Economic Forum, which will be held in Avaza National tourist zone.

30 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Oil and gas industry is a leading branch of national economy, which has an important role in implementation of the programmes of industrialization of the country on innovative base, expansion of its export capabilities. Number of major infrastructural projects aimed at diversification of national fuel and energy complex, strengthening of its positions in the world energy markets are to be implemented in the next several years. Multidimensional potential of oil and gas sphere of Turkmenistan will be presented at the First Caspian Economic Forum soon.

73 transactions were concluded at the State Commodity and Raw Materials Exchange last week.

148 transactions have been registered at the trades of the State Commodity and Raw Material Exchange of Turkmenistan last week.