Foreign direct investment and development of external trade of Turkmenistan

Abstract

In 1992–2013 the amount of foreign direct investment into Turkmen economy in absolute and relative terms has been increased in 30–40 times respectively. The growth of investment and creation of new routes for sale of the natural gas has been resulted in the increase of export in 10 times. But the low level on external trade’s intensity and extensity and its weak diversification have increased the country’s export risk and stability of its trade balance and balance of payment.