ISSN :2146-4219

AN EVALUATION OF THE TRADE RELATIONS AND FINANCIAL COOPERATION BETWEEN TURKEY AND TURKMENISTAN


The Republic of Turkmenistan, one of the five independent Turkic republics in Central Asia, has a connection with Turkey in terms of history and heritage, as well as trade and other economical domains. The economy of Turkmenistan is mainly dependent on producing petroleum, natural gas and cotton. Turkish firms have investments in many sectors of the country. Moreover, Turkey has the potential in helping to sustain an effective monetary policy, a need of Turkmenistan. In this study, the trade relations between Turkey and Turkmenistan is investigated. Following this investigation, solutions to improve the current situation and financial relations are developed, with the additional aim of improving direct investments. The data that is used in the study is based on the statistical agencies of Turkmenistan and Presidency of Turkish Statistical Institute (TSI) and International Trade Centre.


Keywords


Turkey- Turkmenistan, International Trade, Financial Relationship

Author : Meltem KESKİN KÖYLÜ
Number of pages: 413-422
DOI: http://dx.doi.org/10.22464/diyalektolog.254
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Diyalektolog - Uluslararası Sosyal Bilimler Dergisi
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