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The meeting of UETs Division of Valuers

A general meeting of UET’s Division of Valuers was held on 20 June 2020 at the office of Union of Economists of Turkmenistan located at the business center Berkarar, Ashgabat. Mr. Yuriy Aronskiy, Chairman of UET has traditionally opened the event. The program of the event has covered the following matters:

  • 2019-2020 annual report (Mr. Sergey Mineyev, Head of the Division)
  • Code of Ethics – a main instrument of valuer’s self-organization (Mrs. Ogulmaral Annadurdyeva, member of Expertise body)
  • Valuation work matters. IVSC 2020. Valuation during the market crisis (Mr. Vadim Sobkin, member of Expertise body)
  • Organizational internal issues. Working plan for 2020-2021 (Mr. Sergey Mineyev, Head of the Division)

The UET’s Division of Valuers continues actively participating in valuation service market development, training of local appraisers and cooperates with international organizations so that the valuation profession in Turkmenistan is to be conducted in compliance with the international standards and tendencies. It is proven by the appearance of the new Turkmen version of IVS 2020, which was issued by the Division in order to help Turkmen appraisers in implementing the modern principles and methods in to their professional activities in Turkmenistan.

This edition of IVS 2020 continues the tradition of translating the IVS into Turkmen and is being the 2nd edition (first time IVS 2017 was translated into Turkmen by UET in 2018). The application of IVS 2020 by Turkmen appraisers in their professional practices will definitely improve a quality of valuation service and, accordingly, will increase a consumer’s trust in valuation profession in general.

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