Turkmenistan, Ashgabat, August 17 / Trend H. Hasanov /
Turkmen President Gurbanguly Berdimuhammadov instructed the Chairman of the State Commodity and Raw Materials Exchange of Turkmenistan Shaberdi Meredov to systematically examine the prices for goods on world markets and strengthen relationships with foreign exchanges.
According to the Turkmen Government, this topic was discussed at the governmental meeting.
Commodity and Raw Materials Exchange of Turkmenistan fulfills functions of the head organ of state regulation of export-import operations in the country. Oil products, liquefied gas, as well as cotton and textile products high, produced in Turkmenistan, are used with great demand.
The Turkmen leader noted that "it is necessary to focus on questions concerning the sale through the exchange of exported goods of domestic production and import of goods into the country at the lowest prices, timely registration of contracts concluded with enterprises and firms on the stock trade, to improve works with the regional offices of the Exchange; to work effectively on advertising domestic products on world markets."
According to him, it is important to "more carefully study the experience of foreign exchange and introduce new, more effective methods of work."
Meredov, reporting on the activities of exchanges, noted currently increase in transactions and contracts, observed from early 2010, ensuring in turn, entry of substantial amounts of funds to the state treasury.
Last week at the auction of the national stock exchanges recorded over 50 transactions.
Businessmen from UAE, UK, Afghanistan and Gibraltar bought base oil, gasoline, aviation kerosene, liquefied petroleum gas, diesel. Traditionally, the main buyers are also the companies from UK, Afghanistan, Switzerland, Iran, Virgin Islands, Holland, Russia, Kazakhstan and other countries. The total amount of contracts, including the production of other economic sectors has exceeded $104,896 million.