Summed up the work of the Union of Industrialists and Entrepreneurs of Turkmenistan for five months of the year.

On June 7th at the Ministry of Trade and Foreign Economic Relations of Turkmenistan the meeting of representatives of the state trading complex and the Union of Industrialists and Entrepreneurs was held. The main issue on the agenda was the discussion of the specific tasks set to the sphere by the President Gurbanguly Berdimuhamedov at the government meeting on the results of the five months of work of the national economy branches.

Among the high-priority tasks are the increasing of the volume of foreign trade value, increasing the volume of consumer goods production, expanding the scope of trade offers and services, increasing the investment and innovation activity in the country's trade complex, creating a modern digital trading system.

The meeting participants also discussed issues related to the preparation for the Caspian Economic Forum and the exhibition of innovative technologies in the National Tourist Zone Avaza, the opening of a number of facilities and the laying of new villages, the implementation of current agricultural works and etc.

The Chairman of the Union of Industrialists and Entrepreneurs of Turkmenistan analyzed in his speech the results of the work of the organization headed by him from the beginning of the current year. As it was noted, in the Union of Industrialists and Entrepreneurs the volume of industrial production increased by 21.8 percent, agricultural and food - by 4.9 percent. The volume of exports of food products of the private sector of the economy increased by 26.2 percent, industrial - by 3.3 percent.

There were proposals for the further development of the import-substituting productions on agricultural and industrial orientations, increasing the export potential of domestic entrepreneurs, expanding of the international cooperation and digital technologies introduction.

On the same day, the meeting was held at the office of the Union of Industrialists and Entrepreneurs, at which issues related to the activation of work of the Union of Industrialists and Entrepreneurs of Turkmenistan were discussed. The heads and representatives of the Union of Industrialists and Entrepreneurs of Turkmenistan and the Party of Industrialists and Entrepreneurs of Turkmenistan, their regional branches, as well as large private business enterprises took part in it.