President Gurbanguly Berdimuhamedov addresses the participants of the forum of the Union of Industrialists and Entrepreneurs

Addressing the participants of the exhibition and conference dedicated to the 9th anniversary of the Union of Industrialists and Entrepreneurs of Turkmenistan, the Head of the State said that comprehensive development of entrepreneurship, increase of private sector by widespread adoption of modern market mechanisms are priority directions of state policy.

The Union of Industrialists and Entrepreneurs carries out large work promoting further development of market relations in the country, manufacturing of competitive production by implementation of advanced practices and high technologies.

The exhibits are convincing evidence that the members of the Union, using the opportunities favourable for private business in the country, accumulated considerable potential in abundance of internal market promoting diversification of national economy and increase of its export capabilities.

Production of import substitutive goods, growth of export volumes have special importance under dynamic development of national economy. Recently, the production of domestic entrepreneurs gained high demand at international markets.

Opening of trade houses and representatives by the Union abroad, their active participation in international events supports the establishment of beneficial business contacts with foreign partners.

The Government will continue supporting the entrepreneurship and expansion of private sector of the economy.

President Gurbanguly Berdimuhamedov expressed the confidence that current forum would play an important role in the dynamic development of private sector and popularization of the successes achieved in this sphere.