President of Turkmenistan receives head of European Bank for Reconstruction and Development

President of Turkmenistan receives head of European Bank for Reconstruction and Development
July 29, 2026

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President of Turkmenistan receives head of European Bank for Reconstruction and Development

President of Turkmenistan receives head of European Bank for Reconstruction and Development

AKIPRESS.COM – President of Turkmenistan Serdar Berdimuhamedov received head of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso, who is on an official visit to the country, the Foreign Ministry of Turkmenistan reported.

The President expressed confidence that the meetings planned during her visit would give impetus to the further development of the bilateral partnership. As noted during the meeting, Turkmenistan cooperates with international organizations, particularly financial and banking institutions, in the context of its foreign policy activities.

President Serdar Berdimuhamedov emphasized that Turkmenistan is undertaking the necessary work to produce export-oriented and import-substituting products and support entrepreneurship. Appropriate measures are also being implemented to diversify and modernize the economy and attract investment in key sectors.

Noting that Turkmenistan has been a long-standing member of the European Bank for Reconstruction and Development, with which it has established effective cooperation in trade, economic, financial, and banking spheres, the head of state identified energy, transport, the digital economy, and environmental protection as the main areas of bilateral cooperation.

Focusing on the transport and logistics sector, President Serdar Berdimuhamedov noted that the country’s geographic location serves as a platform for developing interconnectivity between various modes of transport. The head of Turkmenistan emphasized the important work being carried out to create multimodal international transport corridors North-South and East-West.

It was also noted that Turkmenistan attaches great importance to expanding cooperation in the energy sector through diversification. Comprehensive efforts are being undertaken to develop clean, green, and environmentally friendly energy.

President Serdar Berdimuhamedov noted the ample opportunities for the European Bank for Reconstruction and Development to participate in projects and new initiatives being implemented in the country.

Emphasizing that the development of the domestic agricultural sector and the rational use of water resources are also currently important tasks, the head of state confirmed Turkmenistan’s readiness to advance cooperation with the EBRD in this area.

Noting that during Odile Renaud-Basso’s visit to Ashgabat, talks will be held on banking, finance, energy, environmental protection, rational use of water resources, and Turkmenistan’s transport and logistics system, President Serdar Berdimuhamedov expressed confidence that these talks will give impetus to the partnership between our country and the EBRD and take it to a qualitatively new level.

The head of state emphasized Turkmenistan’s readiness to further expand mutually beneficial cooperation with this major international financial institution.

At the end of the meeting, Serdar Berdimuhamedov and Odile Renaud-Basso expressed confidence in the successful continuation of bilateral cooperation and exchanged best wishes.

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