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Turkmenistan and Hungary Deepen Economic Ties During Talks in Ashgabat

01 Oct. 07:33

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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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Financial Disagreements Derail Anticipated Heavyweight Bout Between Usyk and Wilder

Today in 04:59

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The highly anticipated heavyweight showdown between former undisputed world champion Oleksandr Usyk and former WBC titleholder Deontay Wilder has officially been canceled. Both camps had initially aimed to stage the blockbuster bout in the spring of 2027, generating immense excitement among boxing enthusiasts worldwide. However, negotiations between the prominent boxing stars ultimately collapsed behind closed doors.

According to prominent sports journalist Mike Coppinger and insider sources, the breakdown in talks stemmed directly from unresolved financial disputes and disagreements over purse splits. Negotiations were reportedly halted roughly three weeks ago after both sides failed to reach a mutually beneficial commercial agreement. As a result, the Ukrainian champion is currently left without a scheduled opponent, and his promotional team is not actively engaged in talks for an alternative match.

Meanwhile, rumors have surfaced regarding Deontay Wilder's potential next steps inside the squared circle. Reports indicate that Wilder has reached out to cruiserweight standout Jai Opetaia, attempting to entice him into a December 11 fight card. Speculation suggests Wilder hopes to position this high-profile matchup as a co-feature ahead of the eagerly awaited heavyweight clash between Tyson Fury and Anthony Joshua.

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