Turkmenistan
CAREC in Turkmenistan
Turkmenistan joined CAREC in 2010 and fully embraces its vision of creating an integrated, globally connected region. The country’s participation advances the program’s goal of building international connectivity through the six international transport and trade corridors that link the region to global markets.
The chairmanship of the CAREC Program rotates annually among its 11 member countries. In 2018, Turkmenistan took the helm. Under Turkmenistan’s leadership, the CAREC Integrated Trade Agenda (CITA) and its Rolling Action Plan 2018–2030 were endorsed at the 17th Ministerial Conference. CITA 2030 aims to deepen CAREC countries’ integration into the global economy by (i) expanding trade through increased market access, (ii) promoting greater diversification, and (iii) strengthening institutional frameworks for trade.
Key Projects
Turkmenistan is taking part in a drive to put Central Asia’s landlocked nations at the heart of an expansive and integrated transport network across Eurasia.
As of 2023, more than $2.21 billion has been invested in four projects. Turkmenistan is looking forward to participating in regional initiatives that will benefit the development of its economy.