Both Malaysia and Turkmenistan are looking to increase bilateral ties especially on economic relations.[3] A number of documents have been signed by both sides to forge closer ties between them.[4] In addition, a number of Malaysian companies have shown interest in the development of tourism and infrastructure between the two countries.[5] In 2012, thePresident of TurkmenistanGurbanguly Berdimuhamedov invited more Malaysian firms to explore business opportunities in Turkmenistan.[6] Malaysian state-owned oil and gas companyPetronas has been operating within the country since 1996,[6] with investments in Turkmenistan totaling US$10 billion as of 2019.[7] Malaysia also seeks to expand its halal food trade, as well as total trade between the two countries. In 2013 this trade amounted to $33.13 million compared to $11.68 million in 2012 and $24.27 million in 2011.[8]
