Toyly Malikov, Chairman of the Central Bank of Turkmenistan, met Thursday with Luc Devigne, the European Union’s ambassador to Turkmenistan, to discuss prospects for further cooperation between Turkmenistan and the EU, the EU Delegation to Turkmenistan reported.

During the meeting, the sides exchanged views on matters of mutual interest and discussed opportunities to further develop dialogue and cooperation.

Trade and economic ties remain an important area of cooperation between Turkmenistan and the EU. Bilateral trade and European companies’ investments in Turkmenistan reflect the scale of their economic relations.

According to figures presented by Devigne at the Turkmenistan Investment Forum (TIF 2026) on Oct. 1, 2026, trade turnover between Turkmenistan and the EU totaled 1.3 billion euros in 2025. EU exports to Turkmenistan reached 900 million euros, while imports of Turkmen goods into EU countries totaled 400 million euros.