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Fifteen Turkmen enterprises operate in the Uzbek logistics market

04 Apr. 13:59

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Currently, there is a growing involvement of Turkmenistan’s private and state entities in freight transportation and logistics operations within the economic sphere of neighboring Uzbekistan. According to the latest data from Uzbekistan’s national statistical agencies, Turkmen entrepreneurs are emerging as key partners in managing regional transport flows and developing warehousing infrastructure.

As of the end of the first quarter of 2026, the number of Turkmen-owned enterprises providing transportation and storage services in Uzbekistan has reached 15. This figure places Turkmenistan in sixth position among foreign nations operating in this sector within the country. This trend confirms that bilateral relations are strengthening not only through trade but also through deep-seated infrastructural cooperation.

While countries such as Russia, China, and Kazakhstan lead the international ranking, Turkmenistan’s entry into the top six holds significant strategic importance. The presence of firms from Afghanistan and the United States in the list highlights the competitive nature of Uzbekistan’s logistics market. Under these conditions, the consistent presence and advancement of Turkmen companies demonstrate substantial potential for future growth.

The overall momentum of trade and economic relations between the two nations is positively impacting the transport sector. Specifically, the $26 million increase in trade turnover between Turkmenistan and Uzbekistan since the beginning of this year creates a foundation for rising demand in logistics services. This growth is expected to drive the establishment of new joint ventures and further enhance interregional transit corridors.

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Tech Giant Amazon Negotiates Landmark $7 Billion Acquisition of AI Startup Decart

Today in 11:31

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Amazon is reportedly in advanced talks to acquire the Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to The Wall Street Journal. Founded in 2023, Decart specializes in software that seamlessly bridges various AI processors and develops generative 3D world models such as "Lucy" and "Oasis." The startup had previously reached a $4 billion valuation earlier this year after raising over $400 million from major venture funds.

The strategic acquisition is poised to boost Amazon’s AWS cloud computing division, enhancing its proprietary Trainium3 AI chips to better compete against market leader Nvidia in generative AI hardware infrastructure.

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