A desert country ruled by a virtual dictatorship, Turkmenistan has drawn international interest for one reason: its enormous oil and natural gas deposits.
Published:
21 September 2001 y., Friday
Turkmenistan sits in central Asia, bordering the oil-rich Caspian sea to the west, Kazakhstan and Uzbekistan to the north, and Iran and Afghanistan to the south and west.
With only 3 percent of its land - a territory slightly larger than California - suitable for farming, the predominantly Muslim nation's economy is centered around oil and natural gas.
Since achieving independence with the collapse of the Soviet Union in 1991, the country has remained stable under the autocratic rule of President Saparmurat Niyazov, but has seen its economy contract sharply.
Much of the nation's history involves exploitation by despots; so much so that the 66 years it spent as part of the Soviet Union were a period of relative prosperity.
Even if the nation meets economic growth targets in 2001, however, GDP will still be only 59 percent of pre-independence levels.
Turkmenistan has been reluctant to line up with regional alliances. Its leaders have been feuding for years with neighboring countries over control of oil deposits below the Caspian Sea.
Recently, international aid groups have warned of a growing AIDS problem among Turkmenistan's 4.5 million inhabitants, as well as in the surrounding countries of Central Asia.
Šaltinis:
abcnews
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »