AGP Executive Report
Last update: 4 hours agoTransit Links: Turkmenistan and Iran discussed expanding transport links and transit capacity in Avaza, but announced no new agreement. Uzbekistan’s president is also visiting for regional and CIS summits, with trade and energy cooperation on the agenda. Middle Corridor: Azerbaijan called for better-connected infrastructure, streamlined procedures and digital transit. A World Bank-backed assessment says the route could require more than $55 billion in investment by 2040. Industrial Cooperation: South Korea’s Yousung and Turkmenistan’s Balkan plant are discussing oil and gas facilities and a hot-dip galvanizing plant; project details and timing remain undecided. Investment and Growth: Turkmenistan’s investment forum saw documents signed, while the EBRD expects its first investment deals following a banking accord. GDP growth reached 6.3% in the first nine months. Water and Caspian: Declining river flows and a shrinking Caspian pose growing risks for agriculture, fisheries, ports and shipping.
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