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Turkmenistan and Georgia Sign New Trade Agreements to Boost Economic Cooperation

Turkmenistan

Tbilisi, July 19, 2026 – The Europe Today: Turkmen and Georgian companies have signed a series of trade agreements and memorandums of understanding aimed at expanding bilateral economic cooperation following a business forum held in Tbilisi during the official visit of Turkmen President Serdar Berdimuhamedov to Georgia.

According to Turkmen state media, the business forum took place at the Expo Georgia exhibition centre, where representatives of the two countries conducted more than 50 bilateral business meetings to explore new investment and trade opportunities.

The event featured a 592-square-metre exhibition showcasing products under the “Made in Turkmenistan” brand. The exhibition brought together 17 Turkmen ministries and 42 private companies, highlighting the country’s industrial, agricultural, and manufacturing capabilities. President Serdar Berdimuhamedov and Georgian Prime Minister Irakli Kobakhidze toured the exhibition after addressing business leaders from both countries.

Several commercial agreements were concluded during the forum, including logistics services contracts involving Dowrebap Ulag Merkezi, export agreements by Tibet Turkmen and Sherbetli Ak Gar to supply confectionery products to the Georgian market, a distribution agreement for Gundogar Akymy, and an export deal for household chemical products by Tach Hil.

The two sides also signed memorandums of understanding covering insurance cooperation involving Ygtybarly Atiyachlandyrysh and agreements related to the sale and purchase of construction materials involving Mizemez Gadam.

The signing of the agreements reflects the growing economic partnership between Turkmenistan and Georgia. Bilateral trade turnover increased by 26 percent in 2025, surpassing $100 million, underscoring the steady expansion of commercial ties between the two countries.

In addition to strengthening trade relations, Turkmenistan and Georgia are continuing discussions on the establishment of a Turkmen cargo terminal on Georgia’s Black Sea coast, a project expected to enhance regional transport connectivity and facilitate greater trade flows between Central Asia, the Caucasus, and international markets.

The latest agreements reaffirm both countries’ commitment to deepening economic cooperation, promoting private-sector partnerships, and expanding opportunities in trade, logistics, and investment.