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On September 29–30, Ashgabat hosted the sixth meeting of the Turkmen-Hungarian Intergovernmental Commission on Economic Cooperation. The Hungarian delegation was led by Boglárka Illés, State Secretary for Bilateral Relations at the Ministry of Foreign Affairs and Trade of Hungary.
The visit featured a number of high-level meetings, signaling a transition from general dialogue to practical cooperation. Energy emerged as a top priority. Hungarian officials held direct negotiations with Turkmenistan’s Ministry of Energy and the “Turkmengaz” State Concern to explore joint energy initiatives.
The participation of the CEO of Hungary’s leading energy company, “MVM Group Co. Ltd”, highlighted the serious intent to develop energy connectivity and long-term projects. Hungary, as an EU member state, sees Turkmenistan as a strategic partner in diversifying energy imports.
A major topic was the upcoming bilateral agreement on mutual investment protection, expected to strengthen legal frameworks and boost Hungarian investment into Turkmenistan’s economy.
The commission also addressed traditional sectors like agriculture, food production, water resource management, environmental protection, and healthcare. The Hungarian delegation’s visit to the National Carpet Museum of Turkmenistan reflected interest in expanding cultural and tourism ties.
The session concluded with the signing of the official protocol, with the next meeting planned to be held in Budapest.
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A ceremony for laying the foundation of a new urea plant was held in the Guvlymayak gengeshlik of the Turkmenbashi etrap in Balkan velayat, reports the newspaper "Neutral Turkmenistan."
The plant's designed capacity will be 1 million 155 thousand tons of mineral fertilizers per year. Construction is being carried out on behalf of the state concern "Türkmenhimiýa" by the Japanese company Mitsubishi in partnership with the Turkish company Gap İnşaat.
As noted by the speakers, urea is an export-oriented product capable of replacing imported mineral fertilizers.
The choice of the site in the western region is due to its proximity to the raw material base: natural gas is extracted along the Turkmen coast of the Caspian Sea, which is essential for production.
The construction of the new plant also has social significance: its commissioning will create additional jobs, contributing to the improvement of the local population's well-being.
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