Russia, Uzbekistan buy polyethylene in Turkmenistan
BAKU, Azerbaijan, September 21
By Jeila Aliyeva - Trend:
Entrepreneurs from Russia and Uzbekistan bought polyethylene 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.
The aviation kerosene produced at the Turkmenbashi Complex of Oil Refineries in Turkmenistan became the subject of transactions between businessmen from the US and Switzerland.
In addition, entrepreneurs from Russia, the US, Turkey, Azerbaijan, Kyrgyzstan, and other countries bought smooth-colored and jacquard terry products, denim, and cotton yarn in foreign currency.
The total amount of transactions in foreign currency exceeded $6 million.
Transactions in Turkmen manat were also made on the exchange. Thus, entrepreneurs of the UAE, Pakistan, Switzerland, and Turkey purchased hand-woven carpet production and cotton yarn worth 7.7 million manats (over $2.2 million).
Furthermore, Turkmen entrepreneurs purchased high-density polyethylene and hand-made carpets for the domestic market for a total amount of over 60.6 million manats ($17.3 million).
In general, 112 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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