Conexio consulting

Turkey-former soviet republics business relations

The former Soviet states, or in Russian political parlance, the Periphery, are the 15 independent countries that emerged as a result of the dissolution of the Soviet Union in December 1991. The largest of these, Russia, is considered the successor to the Soviet Union.

Turkey has developed various economic and diplomatic relations with several former Soviet republics. These relations have evolved since the dissolution of the Soviet Union in 1991. Here is a brief overview of Turkey’s business relations with some key former Soviet republics:

Russia:

Turkey and Russia have a complex relationship that includes both cooperation and competition. They are important trade partners, with a focus on energy, agriculture, and tourism.

The construction sector is another area where Turkish companies have been involved in various projects in Russia.

Azerbaijan:

Turkey and Azerbaijan have strong historical and cultural ties, and their economic relations have grown significantly. Energy, transportation, and construction are key areas of collaboration.

The Baku-Tbilisi-Ceyhan (BTC) pipeline, which transports Azerbaijani oil to Turkey’s Mediterranean coast, is a major project that strengthens their economic ties.

Uzbekistan:

Turkey has been expanding its economic presence in Uzbekistan, particularly in the construction and textile sectors.

Both countries have expressed interest in further developing trade relations, and Turkey has supported various infrastructure projects in Uzbekistan.

Kazakhstan:

Turkey and Kazakhstan have collaborated in sectors such as energy, construction, and transportation.

Turkish companies have been involved in the construction of infrastructure projects in Kazakhstan, and both countries aim to enhance trade and economic ties.

Turkmenistan:

Economic relations between Turkey and Turkmenistan have been growing, with a focus on energy and construction.

Turkey has expressed interest in participating in Turkmenistan’s energy projects, including the development of natural gas fields and the export of Turkmen gas.

Kyrgyzstan, Tajikistan, and other Central Asian Republics:

Turkey has been working to strengthen economic ties with these countries, focusing on trade, investment, and infrastructure projects.

Turkish businesses have shown interest in sectors like construction, textiles, and telecommunications in Central Asia.

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