Market Entry Strategy
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- Due to a lack of accurate and comprehensive information on market sectors, company assessment visits are useful.
- Identifying and working through a local partner or agent is often vital for successful market entry. Take time to develop a relationship and ensure your partner’s interest align with your own.
- Local consulting companies can provide support services for U.S. companies seeking to explore the market or participate in tenders.
- Ashgabat is the commercial center of the country and where most business is conducted, though oil and gas related business is concentrated in Balkanabat and Turkmenbashy.
- Companies active in Turkmenistan often work through a regional office in Turkiye, Russia, or UAE.