December 06, 7:29
ASHGABAT, October 27 (Itar-Tass) - The Central Asian Republic of Turkmenistan will celebrate Day of Independence on Sunday. The decision to declare the sovereignty of the country was taken upon the results of the national referendum on October 27, 1991.
On Sunday morning, a military parade and a demonstration of Turkmens will be staged on the main square of the Turkmen capital of Ashgabat. The holiday will be continued with a theatrical show at the largest Ashgabat stadium featuring artistic companies from all regions of the country. Many events are prepared in cultural and entertainment centres of the cities and districts of the country.
“For 22 years of sovereign development that is such a brief period for history Turkmenistan has taken a worthy position among strong, prosperous countries in the world,” President Gurbanguly Berdymukhamedov said in a national address. Turkmenistan has done a large amount of work aimed at socio-economic development of the country and a higher level of life, the national model of competitive economy was created, he stated.
Further progress “on the path of innovations and democracy will become a new stage in socio-economic and political development of Turkmenistan, the priority task for the future,” the president said on the eve of the holiday with a programme speech at an annual meeting of the Council of Elders. In his words, “the industries, which are based on mineral resources, will be developing” in terms of economy.
Turkmenistan is ranked fourth for the natural gas reserves in the world. The share of the oil and gas complex accounts for 75.4 percent of commercial produce in the country, including 51.4 percent is the share of the gas industry. The construction of major gas processing productions is planned in next few years.
The GDP growth has made 9.9 percent for nine months of this year.
The modern period in the history of Turkmenistan is named as an epoch of mighty and happiness. The motto of Berdymukhamedov, who was re-elected as president in February 2012, is the state for people. The latest 2008 reading of the Constitution fixed the advanced movement of the country towards a market economy.
Ukrainian Deputy Prime Minister Yuri Boiko, Governor of Russia’s Astrakhan Region Aleksander Zhilkin and chief executives of many foreign companies operating in the country arrived to attend the celebrations in Turkmenistan.