HE, Mr, Annamammet Annayev, Ambassador of Turkmenistan: „Romania is not only a valued European partner, but also a bridge connecting the Caspian and Black Sea regions.
Turkmenistan – Romanian Economic relations: building bridges of cooperation
Romania and Turkmenistan have maintained diplomatic relations since 1992, based on mutual respect and a shared commitment to strengthening political, economic, and cultural ties. Over the years, both countries have developed constructive cooperation aimed at promoting sustainable growth and mutual prosperity.
Turkmenistan attaches great importance to the development of friendly and mutually beneficial relations with Romania. Our cooperation is based on principles of equality, respect, and shared interests, aiming to strengthen long-term economic ties between our two countries. Over the years, Turkmenistan and Romania have built a solid foundation for partnership, which continues to grow through dialogue and joint initiatives.
Turkmenistan’s national strategy focuses on diversifying the economy, developing modern infrastructure, and creating favorable conditions for foreign investment. In this context, cooperation with Romania plays an important role, as Romania is not only a valued European partner but also a bridge connecting the Caspian and Black Sea regions. Both countries share a vision of expanding trade routes, promoting energy security, and supporting sustainable regional development.
Economic relations between Turkmenistan and Romania are developing steadily, supported by mutual interest and practical collaboration. Regular exchanges between business representatives, participation in trade exhibitions, and intergovernmental meetings help identify new areas for cooperation. The RIZ Caravan and other similar programs provide excellent opportunities to present Turkmenistan’s potential to Romanian partners and to promote direct business contacts.
The main areas for investment and cooperation include energy, transport, construction materials, agriculture, and textiles. Turkmenistan welcomes Romanian companies that wish to invest or participate in projects in these sectors, at the same time, Turkmen enterprises are exploring opportunities to cooperate with Romanian partners in industrial and technological fields.
The total value of trade and investments between Turkmenistan and Romania has shown steady growth in recent years. Both sides continue to work on improving transport connections, logistics infrastructure, and customs efficiency to make trade more dynamic and beneficial for business in both countries.
In conclusion, Turkmenistan remains committed to further strengthening economic cooperation with Romania. Through open dialogue, trust, and joint projects, our countries will continue to strengthen cooperation and achieve new economic successes for the benefit of both peoples.
Answers to the questions
- What is your strategy and what are the objectives of your mission regarding commercial and investment relations?
Romania and Turkmenistan established diplomatic relations in 1992, and since then, both countries have been committed to deepening their bilateral cooperation. The main strategic objectives of this partnership are to expand trade and investment ties, diversify cooperation sectors, and promote joint projects in energy, transport, education, and technology.
- From an economic point of view, what are the common directions for the growth of trade relations between our countries?
From an economic point of view, the relations between Romania and Turkmenistan are based on mutual interest and complementarity. Both sides aim to strengthen trade exchanges, encourage investment, and explore new opportunities in areas of common benefit. The cooperation focuses on supporting the development of industries that can contribute to sustainable growth and technological progress in both countries.
Trade relations continue to develop gradually, with a balanced exchange of goods and services. Romania and Turkmenistan maintain an open dialogue on improving market access, promoting competitiveness, and enhancing collaboration between business communities.
- What are the areas sought for investment in Romania, and which products and services are most traded for import and export?
One of the most promising cooperation areas is industrial chemistry. The Romanian company Chimcomplex and the Turkmen state concern Turkmenhimiya are planning to establish a Turkmen-Romanian Chemical Company (CTRC), which will develop four major production facilities – including polyol and PVC plants – in Turkmenistan. This represents a major step toward technological cooperation and value-added industrial development (turkmenportal.com 24.04.25).
Another significant area of collaboration is energy. Both countries have expressed interest in joint energy projects and in exploring the potential of renewable energy and energy efficiency solutions.
The Caspian – Black Sea Transport Corridor initiative, involving Turkmenistan, Azerbaijan, Georgia, and Romania, is another strategic direction that could significantly improve trade logistics and regional connectivity.
Future cooperation between Romania and Turkmenistan could be particularly fruitful in the following sectors:
Energy and Natural resources – strengthening partnerships in gas, petrochemicals, and renewable energy.
Transport and logistics – developing multimodal routes across the Caspian and Black Seas to facilitate East-West trade.
Chemical industry – joint ventures in production and processing of industrial materials.
Education and technology – expanding academic exchanges, scholarships, and digital innovation partnerships.
Engineering and Industrial services – technology transfer, infrastructure modernization, and maintenance services.
