Turkmenistan: Enhancing trade resilience and integration

Summary

The four-year EU-funded project "Turkmenistan: Enhancing trade resilience and integration" is part of the EU’s “Turkmenistan Cooperation Facility 2022-2023”, which focuses on two blocks of interventions: 1) Improving the business climate, with a focus on agriculture/rural development and support to trade development (implemented by ITC); and 2) Green Economy (implemented by GIZ).

The project aims to contribute to economic development and promotion of decent work in Turkmenistan through improving the country’s business climate and competitiveness of SMEs. The project will promote Turkmenistan’s international economic engagement and participation in regional and global trade.  

In particular, the project will assist the Government of Turkmenistan in the process of accession to the WTO and becoming a member of a multilateral trading system, as well as in initiating trade facilitation reforms, increasing the country’s investment attractiveness and creating a conducive e-commerce environment.

Furthermore, the project will enhance capacities of SMEs, with particular focus on women-led SMEs, and promote their integration into the regional and global value chains. To ensure the sustainability of the intervention, the project will strengthen local BSOs.

Finally, the project will promote gender inclusive environment by supporting both policy makers and women entrepreneurs.