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Persian
/ English /
Russian
conventional long form: none
conventional short form:
Turkmenistan
local long form: none
local short form: Turkmenistan
former: Turkmen Soviet Socialist Republic
Ashgabat. Population: 574,000 (UN
estimate 2003).
Central Asia, bordering the Caspian Sea,
between Iran and Kazakhstan
488,100 sq km (188,456 sq miles).
Description:
Turkmenistan shares borders with Kazakhstan to the north,
Uzbekistan to the east, Afghanistan to the southeast and Iran to the
south. To the west is the Caspian Sea. Nearly 80% of the country is
taken up by the Kara-Kum (Black Sand) Desert, the largest in the
CIS. The longest irrigation canal in the world stretches 1,100km
(687 miles), from the Amu-Darya River in the east, through Ashgabat,
before being piped the rest of the way to the Caspian Sea.
Location: Central Asia.
Turkmenistan is bordered by the Caspian Sea to the west, Kazakhstan
to the north, Uzbekistan to the east, and Iran and Afghanistan to
the south.
Official Language: Turkmen.
Russian is also widely spoken.
Climate:
Turkmenistan has an extreme continental climate: temperatures in
Ashgabat vary between 46?�C (114?�F) in summer and -5?�C (23?�F) in
winter, although it has been known to reach -22?�C (-8?�F) in
extremity. Temperatures in the desert in summer can reach 50?�C
(122?�F) during the day before falling rapidly at night. During the
winter, it can reach -10?� to -15?�C (14?� to 15?�F).
Economy - overview:
Although 90% of the land is occupied by the Kara-Kum desert,
agriculture is important to the Turkmen economy. Substantial
quantities of cotton (the country is the world's 10th-largest
producer) are also produced under ecologically ruinous schemes
established during the Soviet era. Grain, fruit and vegetables are
widely grown and livestock breeding is an important source of
employment.
The other mainstay of the economy and its best prospect for the
future is an abundance of oil and natural gas deposits, the scale of
which rivals anything in the Persian and Mexican Gulfs. New
pipelines are planned to supplement the sole existing one, which
transports the products via Russia. Other commercially viable
reserves include bromine, iodine salts and various other minerals.
Most of Turkmenistan's industry is devoted to processing the
country's principal raw materials: textiles are a key export
industry and much of the extracted oil is refined within the
country. Oil and gas account for 85% of Turkmenistan's export income
(under long-term contracts, 80% of the gas goes to the Ukraine while
60% of the oil is bought by Italy).
As one of the poorest republics of the former Soviet Union,
Turkmenistan suffered considerable economic disruption and hardship
after its demise in 1991 (GDP declined by 10% per year between 1993
and 1998); the increasing inability of many of its former trade
partners to pay for its products has also caused serious
difficulties. The government responded by seeking out new markets.
Economy:
Although 90% of the land is occupied by the Kara-Kum desert,
agriculture is important to the Turkmen economy. Substantial
quantities of cotton (the country is the world's 10th-largest
producer) are also produced under ecologically ruinous schemes
established during the Soviet era. Grain, fruit and vegetables are
widely grown and livestock breeding is an important source of
employment.
The other mainstay of the economy and its best prospect for the
future is an abundance of oil and natural gas deposits, the scale of
which rivals anything in the Persian and Mexican Gulfs. New
pipelines are planned to supplement the sole existing one, which
transports the products via Russia. Other commercially viable
reserves include bromine, iodine salts and various other minerals.
Most of Turkmenistan's industry is devoted to processing the
country's principal raw materials: textiles are a key export
industry and much of the extracted oil is refined within the
country. Oil and gas account for 85% of Turkmenistan's export income
(under long-term contracts, 80% of the gas goes to the Ukraine while
60% of the oil is bought by Italy).
As one of the poorest republics of the former Soviet Union,
Turkmenistan suffered considerable economic disruption and hardship
after its demise in 1991 (GDP declined by 10% per year between 1993
and 1998); the increasing inability of many of its former trade
partners to pay for its products has also caused serious
difficulties. The government responded by seeking out new markets.
natural gas, oil, petroleum products,
textiles, food processing
Raw materials: oil, natural gas,
coal, precious non-ferrous and rare metals, Celestine, sulfur,
betonies and kaolin clays, iodine, bromine, potassium and common
salts, marble onyx, various construction materials, fresh subsoil,
mineral waters
Exports:
Gas, oil, petrochemicals and cotton.
Imports:
Machinery and equipment, chemicals, food and live animals.
• Main trade partners: USA, Ukraine, Italy, UK, France, Germany,
Turkey, Iran and Russian Federation.
Exchange rates:
New Manat (TMT) = 100 tenge. Notes are in denominations of
TMT1,000, 500, 100, 50, 10, 5 and 1. Coins are in denominations of 50,
20, 10, 5 and 1 tenge.
http://www.worldtravelguide.net/country/285/money/Central-Asia/Turkmenistan.html
GDP :
US$17.1 billion (2005).
Currency: 1 manat = 100 tenesi
Useful links:


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