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04 Aug. 12:58

Voluntary mortgage insurance rules have been revoked in Turkmenistan

The State Insurance Organization of Turkmenistan has cancelled the rules for voluntary mortgage insurance in effect since 2011. The corresponding order was signed by the organization's general director G. Nurmuhammedov, as reported on the website of the Ministry of Justice of Turkmenistan.

According to Order No. 47 of June 26, 2025, the document regulating the procedure for voluntary mortgage insurance has lost its force. The rules were initially approved in January 2011 and officially registered with the Ministry of Justice of Turkmenistan.

The cancellation of the rules was carried out in accordance with the requirements of the current legislation - the Civil Code of Turkmenistan and the Law "On Insurance". Control over the execution of the order is assigned to the management of the central office of the insurance organization, as well as the directors of regional divisions throughout the country.

The document was officially registered with the Ministry of Justice on July 22, 2025.

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Turkmen–Chinese Business Forum 2026: Talwas Yoly and Oguz Forum & Expo Sign Cooperation Agreement with the Turkmen Logistics Association

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Talwas Yoly Closed Joint-Stock Company and the Oguz Forum & Expo division have officially signed a cooperation agreement with the Turkmen Logistics Association as part of the preparations for the Turkmen–Chinese Business Forum and Exhibition, scheduled for April 28–30, 2026.

 

The signed agreement aims to strengthen cooperation in logistics, transport, export and import sectors, while also ensuring the effective organization of the upcoming international event. Talwas Yoly and Oguz Forum & Expo act as the official organizers of the forum and exhibition, overseeing the full implementation of the project, including the development of the business agenda, organization of the exhibition area, facilitation of B2B and B2G meetings, and coordination of business participation from Turkmenistan and the People’s Republic of China.

 

The forum is expected to become a major international platform for expanding trade and economic cooperation between Turkmenistan and China, establishing direct business contacts between specialized companies, and presenting Turkmenistan’s export and investment potential.

 

As part of the partnership with the Turkmen Logistics Association, special participation conditions have been introduced for its members. Association members will receive a 10% discount on participation in the Turkmen–Chinese Business Forum and Exhibition 2026. This initiative is designed to support national logistics companies, enhance their international visibility, and strengthen Turkmenistan’s role as a key regional transport and logistics hub.

 

The signed cooperation agreement highlights the strategic importance of the forum and reinforces its position as a catalyst for international business collaboration.