BAKU, Azerbaijan, September 7
By Jeila Aliyeva - Trend:
Entrepreneurs from Turkey, Afghanistan, Kazakhstan and the United Arab Emirates (UAE) bough aviation and technical kerosene, gasoline, hydrotreated diesel fuel, total petroleum coke, diesel fuel and base oil in foreign currency during an auction at the State Commodity and Raw Materials Exchange of Turkmenistan last week, Trend reports with reference to Turkmenistan’s State News Agency.
In addition, businessmen from Russia, the UAE, Afghanistan and Azerbaijan bought polyethylene, smooth-painted and jacquard terry products, as well as cotton yarn in foreign currency.
The total amount of transactions in foreign currency exceeded $21.8 million.
Transactions in Turkmen manat were also made on the exchange. Thus, entrepreneurs of the UAE, Pakistan, Kazakhstan, and Kyrgyzstan purchased cotton yarn and caracul fur worth 2.5 million manat ($714,540).
Furthermore, Turkmen entrepreneurs purchased cotton-fiber in the amount of over 252,000 Turkmen manat ($71,853).
In general, 25 transactions were registered on the exchange over the past week.
The state commodity exchange of Turkmenistan was established on July 29, 1994. It is the most important agency of state regulation of export-import operations.
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