Export Management Coaching Initiative mid-term event held in Turkmenistan

Representatives of the EU Delegation to Turkmenistan, the Union of Industrialists and Entrepreneurs of Turkmenistan, local MSMEs as well as ITC’s Ready4Trade team in Turkmenistan, were in attendance. 

The Export Management Coaching Initiative, launched in January 2021, has been offering practical and action-oriented advisory services to businesses through on-the-job coaching delivered by local experts with extensive experience in import/export, certification, freight forwarding and logistics. The event presented the methodology of the initiative to key local partners and reflected upon the initial lessons learned from the coaching missions delivered to 12 Turkmen MSMEs over the past 6 months. 

“Micro, small and medium-sized enterprises (MSMEs) are the pillar of most national economies. To succeed, it is important they adhere to existing rules and regulations, while national legislations and sound governance support them. With the Export Management Coaching Initiative, local MSMEs in Central Asia learn how to export internationally or expand their sales beyond traditional markets to ensure maximum diversification of trade. Coaching allows not only to fill in the knowledge gaps, but also to provide a space for an open and active dialogue and experience sharing on various export issues”, said Ambassador Diego Ruiz Alonso, Head of the EU Delegation to Turkmenistan.

During the event, MSME were able to share their experiences with participants, reflecting upon the progress achieved in their export operations. At the end of the event, the beneficiary MSMEs were awarded certificates of completion for their training.

“With the support of the Ready4Trade Export Management Coaching Initiative, Turkmen MSMEs will learn how to comply with the international market standards and regulations and become more competitive globally”, noted Mr. Serdar Annanepesov, representative of the Union of Industrialists and Entrepreneurs of Turkmenistan. 

Under the Initiative, 40 Turkmen MSMEs are expected to receive coaching services by the end of the year, with special attention to women-owned enterprises. The initiative will be celebrated by a final wrap-up event in December 2021, showcasing the overall lessons learned from all the missions delivered.

The Ready4Trade Central Asia project is a joint initiative of the European Union and the International Trade Centre. Its aim is to contribute to the overall sustainable and inclusive economic development of Central Asia by boosting intra-regional and international trade in the region. Beneficiaries of the Ready4Trade Central Asia project include governments, small and medium-sized enterprises, in particular women-led enterprises, and Business Support Organizations. The project operates in 5 countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Stay connected: #Ready4Trade #CentralAsia

With the project ‘Ready4Trade Central Asia’, the European Union (EU) and the International Trade Centre (ITC) are joining forces to contribute to the overall sustainable and inclusive economic development of Central Asia by boosting intra-regional and international trade in the region. Beneficiaries of the Ready4Trade Central Asia project include governments, small and medium-sized enterprises (SMEs), in particular women-led enterprises, and Business Support Organizations (BSOs). The project operates in 5 countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. More information: intracen.org/Ready4Trade