Turkmenistan has strong potential to substitute imports – EBRD

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Azer News

By Trend Turkmenistan has a strong capacity to substitute imports and could become an exporter of a number of commodities in the future, Head of EBRD Resident Office in Turkmenistan Fatih Turkmenoglu told Trend. “It is a young and dynamic economy with a lot of potentials. Energy and labor costs are much lower than in the other countries in the region,” he said. Turkmenoglu noted that the EBRD brings more than financing to Turkmenistan, wishing to explore potential cooperation opportunities in the financial and infrastructure sectors. “This could result in a wide range of business opportunities…

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