Turkmenistan holds the world's fourth largest natural gas reserves and also has significant deposits of cotton, uranium, petroleum, salt, and sulfur. Uzbekistan is rich in gas, uranium, cotton, silver, and gold.
India during the Second India-Central Asia NSAs meeting has suggested establishing an India-Central Asia Rare Earths Forum to enhance cooperation in rare earth and strategic mineral sectors, fostering partnerships built on mutual benefit, transparency, and long-term goals.