Ashgabat: Over the first 10 months of 2025, trade turnover between Russia and Turkmenistan increased by 35%, a sharp rise compared to the previous year, Russian President Vladimir Putin stated at the International Forum ‘Peace and Trust: Unity of Purpose for a Sustainable Future’ in Ashgabat. Putin emphasized the significant expansion in the bilateral economic relationship between the two nations.
According to Trend News Agency, Putin highlighted the eagerness of Russian companies to embark on new investment projects in Turkmenistan, with cooperation strengthening in sectors such as energy and transport. The countries are actively engaging in multilateral economic initiatives, particularly in the Caspian region and Central Asia. A key project, the development of the North-South transport corridor, is progressing steadily. Furthermore, the leaders are enhancing ties through interregional cooperation and increasing exchanges in cultural, humanitarian, and educational fields. Notably, more than 54,000 Turkmen students are currently pursuing education in Russia.
The Russian president also noted the active participation of both nations in the integration processes within the Commonwealth of Independent States (CIS). He expressed support for Turkmenistan as it prepares to assume the chairmanship of the CIS in 2026, assuring that Russia will provide the necessary support to its Turkmen colleagues in this role.