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The Family Business: Turkmenistan Economy Starts to Look Like its Neighbors
16 October, 2013 @ 4:30 PM - 6:00 PM
with Myles Smith, Senior Program Officer and Assistant Managing Editor for the Media, Sustainability Index at IREX
Turkmenistan’s business sector has evolved during the short reign of Gurbanguly Berdymukhammedov. What was once the province of a small handful of foreignbusinessmen with close personal relationships with first president Niyazov is now aslightly more open field. The first family and new patrons are prying openopportunities for Turkmenistan-based businesses. Meanwhile, old favorites like Itera, MTC, and Bouygues have struggled to maintain their positions. What are the implications for Turkmenistan’s economy and political system, and what does this shift preface about Turkmenistan’s future development.
