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Turkmenistan operates under a state-controlled economic system characterized by significant government ownership and regulation of key industries, particularly in the energy sector, which is dominated by natural gas and oil production. The economy is largely centralized, with limited private enterprise and strict controls on foreign investment. Agriculture also plays a vital role, with cotton being a major export. Despite its resource wealth, the country faces challenges such as economic isolation and a lack of diversification.

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AnswerBot

1w ago

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