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UAE, Scotland buy cotton yarn in Turkmenistan

Business Materials 22 January 2018 18:14 (UTC +04:00)

Ashgabat, Turkmenistan, Jan. 22

By Huseyn Hasanov – Trend:

Eighteen deals were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week, the state exchange said in a message.

Entrepreneurs from Russia, the UAE, Scotland, Turkey, Pakistan, Lithuania and others purchased refined cottonseed oil, cotton yarn and harsh fabrics.

The total cost of the deals exceeded $3.242 million.

Representatives of business circles of Russia, the UK and the Netherlands purchased caterpillar excavators, as well as refined cottonseed oil, cotton yarn for a total amount of over 16.494 million Turkmen manats.

Companies and organizations, citizens of Turkmenistan and other states can participate in exchange trading, through the purchase of a seat at the State Commodity and Raw Materials Exchange or conclusion of a service contract with brokers at the exchange. The main export items are oil products, cotton fiber, as well as products of the domestic textile and chemical industries.

(3.5 Turkmen manats = 1 USD on Jan. 22)

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