Turkmenistan Expresses Interest in Expanding Cooperation with the London Stock Exchange

On February 26, in London, the Minister of Foreign Affairs of Turkmenistan, Rashid Meredov, held a meeting with key leaders of the British financial sector — Julia Hoggett, CEO of the London Stock Exchange (LSE), and Lucy Rigby, Economic Secretary to the Treasury of the United Kingdom. The talks reaffirmed London’s status as a premier financial hub, which will enable Ashgabat to attract long-term investments for the implementation of large-scale infrastructure and energy projects.

The Turkmen side emphasized that the UK's economic relations in the country already have a solid foundation: to date, about 30 enterprises with the participation of British capital are successfully operating in Turkmenistan in sectors such as construction, industry, and trade. However, the potential for cooperation remains largely untapped. During the meeting, particular attention was paid to expanding practical interaction in areas such as sustainable finance ("green" bonds), banking audit, insurance, and the implementation of advanced digital solutions in the financial sector.

The parties highlighted the Turkmen-British Trade and Industry Council (TUKTIC), which has shown high growth rates recently, as the primary mechanism for coordinating these processes. Interest in British expertise in asset management and listing on global stock exchanges opens a new chapter in the economic relations of the two countries. This makes London a key partner for Turkmenistan in diversifying investment flows and modernizing the national financial system.