Can Turkmenistan's Energy Exports Buy Influence in Beijing

Turkmenistan occupies a unique position in Central Asia as the lone state in the region enjoying a trade surplus with China. Nevertheless, Beijing’s diplomatic signals suggest that Turkmenistan isn’t a high priority for Chinese diplomats. According to a report published by the Turkmen government-connected website, Business Turkmenistan, first quarter trade turnover in 2024 between Ashgabat and China totaled almost $2.6 billion. Turkmenistan accounted for almost 92 percent of that figure, or $2.

In comments published by Azerbaijan’s Trend news agency, Russia’s envoy in Ashgabat, Ivan Volynkin, revealed that annual bilateral trade turnover in 2023 was just over $1.6 billion, far less than just the first quarter Turkmen-Chinese figures. Despite Turkmenistan’s surplus, the country doesn’t seem to receive due diplomatic respect from Beijing.

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