Turkmenistan Offers Certain Business Opportunities For Swiss Firms
Turkmenistan and Switzerland have previously discussed the need to expand trade and economic cooperation by creating new collaborative mechanisms.
Turkmenistan offers certain business opportunities for Swiss companies, the Baku-based Trend news agency reported on Tuesday with reference to the Swiss State Secretariat for Economic Affairs (SECO).
"Turkmenistan offers certain business opportunities for the Swiss private sector e.g. in the textile industry, the oil and gas industry as well as in the fields of infrastructure and construction," SECO told Trend.
However, the decision to enter a foreign market, according to the secretariat, lies with the Swiss private sector.
The trade between Turkmenistan and Switzerland totaled CHF 5.9 million ($6.4 million) in 2021, according to SECO.
Last year, Turkmenistan’s imports from Switzerland totaled CHF 5.8 million ($6.29 million), while Turkmenistan’s exports to Switzerland amounted to CHF 0.1 million ($108,605).
Turkmenistan and Switzerland have previously discussed the need to expand trade and economic cooperation by creating new collaborative mechanisms.
Top news
-
16.02.2023
Turkmenistan’s 2022 Trade With Türkiye Exceeds $2 Billion... -
16.02.2023
EBRD Forecasts Strongest GDP Growth in Central Asia... -
15.02.2023
Kyrgyzstan’s Trade Turnover With Turkmenistan Surges 117.1% in 2022... -
15.02.2023
Specialized Economic Exhibition of Iran Opens in Turkmenistan... -
14.02.2023
Turkmenistan Looks to Study Italy’s Experience in Railway, Highway Construction... -
13.02.2023
UAE Companies to Participate in Major Turkmen Gas Field’s Development... -
13.02.2023
Major Turkmen and Emirati Banks Ink Agreement on Correspondent Account...