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25.09.10 14:31
New law on special economic zones is being drafted
Turkmenistan is preparing to adopt a law on special economic zones drafted jointly by the ministries and agencies on the basis of international practice.

As Vice Premier Tuvakmamed Japarov reported at the meeting of the Cabinet of Ministers of Turkmenistan, the new bill envisions creating special economic zones by a decision of President of Turkmenistan. The duration of their status will be determined depending on economic benefit. Creation of an authorized body to regulate and ensure efficient operation of these zones and establishment of an appropriate structure to administer each zone are planned.

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