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Problems with enhancing funding local weather and strengthening of regulatory foundation within the export administration space have been addressed throughout an OSCE- on-line seminar in Ashgabat on 21 and 22 September 2022.
The OSCE Centre in Ashgabat organized this occasion to current greatest practices of the OSCE collaborating States in reaching higher integration into international financial system and commerce by enhancing the funding local weather and strengthening regulatory framework within the export administration space.
The seminar introduced collectively representatives from the Mejlis (Decrease Chamber) of the Milli Gengesh (Nationwide Council) of Turkmenistan, the Ministry of Justice, the Ministry of Commerce and International Financial Relations, Ministry of Finance and Financial system of Turkmenistan, state and industrial banks and different related stakeholders.
Two worldwide consultants from Georgia and Kazakhstan and introduced progressive options to extend overseas direct funding, systemic measures to advertise regional and worldwide co-operation by export facilitation, mentioned the position of direct funding within the financial system and funding attraction points within the power sector with a deal with the extractive industries.
“The OSCE attaches nice significance to addressing a rising must maintain and additional promote financial connectivity, together with by facilitating commerce, accelerating financial improvement and progress, attracting focused overseas direct and home investments, rising and diversifying value-added exports and finally constructing a regionally diversified financial system,” mentioned Ivana Markovic-Boskovic, Financial and Environmental Officer of the OSCE Centre in Ashgabat.
“It positive aspects even higher significance within the circumstances of a worldwide pandemic, in addition to financial post-recovery interval, when it’s crucially vital to assist the nationwide financial system and the companies to take advantage of their potential,” added Markovic-Boskovic.
Specialists additionally highlighted the significance of strengthening strategic export management measures, rising competitiveness and position of small and medium enterprises in export capability constructing.
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