EENI Global Business School

Business in Turkmenistan, Ashgabat, Turkmenbashi

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Syllabus of the Subject

Turkmen Economy and Foreign Trade. Business in Ashgabat, Turkmenbashi (Turkmenistan) Petrol

  1. Introduction to the Republic of Turkmenistan
  2. Turkmen Economy
    1. Economic Profile of the Regions of Turkmenistan
  3. Business in Ashgabat
  4. Foreign Trade of Turkmenistan
  5. Business Opportunities in Turkmenistan
    1. Construction
    2. Textiles
    3. Energy
    4. Food industry
  6. Case Study:
    1. Awaza National Tourism Zone
    2. Gap Pazarlama (Textile)
  7. Access to the Turkmen Market
  8. Business Plan for Turkmenistan

Transport and Transit Corridor, Ashgabat Agreement, India, Iran...

The aims of the subject “Foreign Trade and Business in Turkmenistan” are the following:

  1. To analyze the Turkmen Economy and Global Trade
  2. To identify business opportunities in Turkmenistan
  3. To explore the Turkmen trade relations with the student's country
  4. To know the Turkmen Trade Agreements
  5. To examine the profile of Turkmen Companies
  6. To develop a business plan for the Turkmen Market

Online Student Master in International Business

The Subject “Foreign Trade and Business in Turkmenistan” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters adapted to Turkmenistan, Masters, International Business Trade Turkmen Students.

Languages: Masters, Doctorate, International Business, English (or Study Master Doctorate in International Business in Spanish Turkmenistán Study Doctorate in International Business in French Turkménistan).

  1. Credits of the subject “Doing Business in Turkmenistan”: 1 ECTS Credits
  2. Duration: one week

Foreign Trade and Business in Central Eurasia

International Trade and Business in Turkmenistan.

Eurasian Land Transport Initiative (Silk Road, China-Europe)

Economic Corridors related to Turkmenistan
  1. Almaty-Bishkek Corridor
  2. Silk Road
  3. Corridor of the Ashgabat Agreement
  4. China-Central-West Asia Corridor
  5. Trans-Caspian Corridor
  6. Afghanistan-Turkey Corridor
  7. Transit and Transport Cooperation Agreement (Lapis Lazuli Route Agreement)
  8. Transport Corridor Europe-Caucasus-Asia (TRACECA) - is not a member, but has requested the access

China-Central-West Asia Economic Corridor: Kazakhstan, Kyrgyzstan, Uzbekistan...

Market Access - Free Trade Agreements

Turkmen Preferential Access and Trade Agreements:

  1. Turkmenistan and the Central Eurasian Economic Area
  2. Economic Cooperation Organization (ECO)
  3. Central Asia Cooperation (CAREC)
  4. GSP
  5. Armenia-Turkmenistan Agreement
  6. Turkmenistan-Georgia Agreement
  7. Ukraine-Turkmenistan Agreement
  8. Russia-Turkmenistan Agreement
  9. Trade Agreement with the Eurasian Economic Union
  10. Islamic Trade Preferential System
  11. CIS (associated)
  12. SCO (Guest Attendance)

Trade Facilitation Programs. TFA Agreement

  1. World Trade Organization (WTO) - Government with observer status
  2. WCO
    1. Kyoto Convention
  3. Organization for Cooperation between Railways (OSJD)
  4. BIC (Containers)
  5. Chicago Convention (ICAO)
  6. International Maritime Organization
  7. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport

Islamic Organizations. Arab League

  1. OIC
  2. Islamic Development Bank
  3. Asia-Middle East (AMED)

Euro-Asian Organizations:

  1. Boao Forum for Asia
  2. European Investment Bank
  3. UNECE
  4. OSCE
  5. Africa-Asia Partnership
  6. ESCAP
  7. Asian Development Bank
  8. Asia Cooperation Dialogue

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF

  1. The Republic of Turkmenistan shares borders with Afghanistan, Kazakhstan, Iran, and Uzbekistan
  2. Turkmen Population: 5 million people
  3. 85% of the population are Turkmen
  4. Area of Turkmenistan: 491,000 km²
  5. Turkmen Capital: Ashgabat
  6. Official language of Turkmenistan: Turkmen (Turkic group of languages)
    1. English and Russian are widely spoken
  7. The Great Silk Road passes through Turkmenistan
  8. Territorial organization of Turkmenistan: five velayats (Ahal, Balkan, Dashoguz, Lebap, and Mary)
  9. Turkmen independence: 1991 (URSS)
  10. Turkmenistan is a Presidential Republic

Main religion: Islam.

Islam and Global Business. Islamic Economic Areas

Turkmenistan belongs to the Sunni-Turkic area of the Islamic Civilization

Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Transport Corridor (Lapis Lazuli)

Turkmen Economy.

  1. Agriculture: 80% of Turkmenistan is farm lands
  2. Significant water resources (Karakum River)
  3. Turkmen Mineral resources: hydrocarbon, mining, salt, boron, magnesium, potassium, rubidium, and bentonite
  4. Drilling and exploration for petrol and gas
  5. Turkmen industrial sector: petrol and gas, chemical, electric power, engineering, and textile (60 textile complexes)
  6. The main sectors of the Turkmen economy are petrol and gas, power engineering, agriculture, construction, transport and communications, chemical, textile, and building materials
  7. The Turkmenbashi complex of petroleum refineries is the largest high-octane gasoline and kerosene producer in Central Asia
  8. Gas pipelines to China and Iran
  9. Turkmen currency: Manat
  10. Turkmenistan is one of the ten most corrupt countries

Turkmenistan Gap Pazarlama

Foreign Trade (Importing, Exporting)

International Trade of Turkmenistan.

International Trade and Business in Turkmenistan:
International Trade and Business in Turkmenistan

  1. The main exports of Turkmenistan are petroleum, carbon, cement, salt, iodine, and grains
  2. Turkmenistan is an Electricity exporter (Afghanistan, Iran, Turkey, and Tajikistan)
  3. Construction of the Kazakhstan-Turkmenistan-Iran Railway
  4. Regional transit centre (Rail transport)

Trans-Caspian Trade and Transit Corridor (China, Kazakhstan, Kyrgyzstan...)

(c) EENI Global Business School (1995-2024)
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