In the era of the Revival of a new epoch of a powerful state, our country is witnessing significant progress in all sectors of the economy. An important direction in building a strong economic system is the establishment of a free market economy. In a market economy, entrepreneurs play a key role. Our state provides them with comprehensive support. The creation of favorable conditions for entrepreneurs, the provision of concessional loans, and the expansion of export opportunities lay a solid foundation for economic growth.
As a result of the “open-door policy” pursued by our neutral state, through the coopeartion with foreign investors and the joint establishment of enterprises, modern technologies are being introduced into the country’s economy, and products competitive on world markets are being produced. In this regard, the laws “On Foreign Economic Activity” and “On Investment Activity in Turkmenistan” have been adopted.
The products manufactured by Turkmen entrepreneurs not only supply the domestic market of our country but are also exported to many foreign countries. Turkmenistan’s active participation as an observer in the World Trade Organization, one of the largest global organizations, opens up broad opportunities for attracting foreign investment and integrating into the system of international economic relations.
This also creates great opportunities to showcase the achievements of Turkmen entrepreneurs at international exhibitions abroad and to develop international trade and economic cooperation. The participation of Turkmen entrepreneurs in international exhibitions and the high level of interest in our products from the public of other countries serve as clear evidence of the strengthening of our state’s authority. The development of entrepreneurship is the key to economic independence and the peaceful and prosperous future of our Motherland.
Yulduz BABAMYRADOVA,
correspondent of the Lebap velayat Council of the
Youth organization of Turkmenistan named after Magtymguly.
