Turkmenistan has been established as an upper-middle class country since the year 2012. Turkmenistan’s greatest asset is their gas reserves, they represent about 10% of the world’s gas reserves and are the world’s fourth largest reserve. In 2019 Turkmenistan signed a 5 year contract with Russia to supply natural gas. Turkmenistan is working to expand their exports to multiple countries, that way they are not relying on just the sole client. The population of Turkmenistan is approximately 5.8 million people. Although they have a deal with Russia their biggest client is China, which makes up 25% of their GDP. China receives almost 75% of their gas exports. Turkmenistan also specializes in cotton growing, they are the 10th largest cotton producer in the world. There is a lot of debate about forced cotton picking in Turkmenistan currently. The government in Turkmenistan has total control over the cotton picking and has imposed production quotas on farmers, threatening them if they were not to meet the quotas. Turkmenistan is highly reliant on cotton, and workers are ready to revolt against the government for the way they are treated. There has been discussions about forced labored cotton and supply chains. It has been noted that it is in violation of import ban legislation and obligations on companies not to use goods made with forced labor. In order to stop the cotton from making it to supply chains, they are demanding more enforcement of existing laws governing human rights and labor. Turkmenistan is not a member of NATO but they do cooperate with NATO. Turkmenistan has a permanent policy of neutrality with NATO. Turkmenistan officials participate in a variety of courses provided by NATO and its member states.
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“Turkmenistan | Economic Indicators | Moody’s Analytics.” Www.economy.com, www.economy.com/turkmenistan/indicators. Accessed 26 Oct. 2023.
“Turkmenistan’s Cotton Industry Remains Blighted by Forced Labour and Corruption.” Emerging Europe, 13 June 2023, emerging-europe.com/news/turkmenistans-cotton-industry-remains-blighted-by-forced-labour-and-corruption/. Accessed 26 Oct. 2023.