Deputy Minister of Finance and Economy of Turkmenistan, Babaniyaz Yalakov, took part in the EU–Central Asia High-Level Dialogue on Economic and Financial Cooperation held on May 12–13 in Brussels, Belgium.

During the plenary session, Yalakov presented Turkmenistan’s strategic priorities for expanding cooperation with the European Union. He emphasized the importance of multilateral engagement in key sectors such as infrastructure, sustainable energy, digitalization, water management, and the extraction of critical raw materials. The discussions were framed around the EU’s Global Gateway strategy, according to the Embassy of Turkmenistan in Belgium.

The event, held under Poland’s presidency of the EU Council, brought together representatives from Central Asia, EU institutions, and international financial organizations. The Turkmen delegation also participated in working sessions with the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and JEFIC — a network of leading European development finance institutions.

EU–Central Asia High-Level Dialogue on Economic and Financial Cooperation May 12–13, Brussels, Belgium

Participants paid particular attention to the development of the Trans-Caspian Transport Corridor and green energy initiatives, including pilot projects focused on hydrogen use.

At the concluding session, Turkmenistan’s Ambassador to Belgium, Sappar Palvanov, highlighted the country’s openness to working with European development banks — particularly in the context of economic diversification and strengthening international investment partnerships.

The outcome of the forum reaffirmed Turkmenistan’s commitment to deepening its dialogue with the EU and strengthening cooperation in the fields of sustainable infrastructure and economic development.