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UAE’s activity on Turkmenistan’s exchange for Feb.2021

Business Materials 10 March 2021 16:26 (UTC +04:00)
UAE’s activity on Turkmenistan’s exchange for Feb.2021

BAKU, Azerbaijan, March 10

By Jeila Aliyeva - Trend:

The United Arab Emirates (UAE) actively participated in the trades at the State Commodity and Raw Materials Exchange of Turkmenistan in February 2021, Trend reports with reference to the exchange.

Thus, in the first week of February, representatives of the UAE purchased aviation kerosene and gasoline produced at the Turkmenbashi Complex of Oil Refineries, as well as colorless sheet glass, dried licorice roots and rhizomes, as well as cotton yarn at the exchange.

The UAE also participated in transactions that took place for the Turkmen manat. Thus, entrepreneurs from the UAE purchased cotton yarn, raw fatty acids of cotton soapstock, and cotton waste-delint in the first week of February for in Turkmen manat.

In the second week of February, businessmen from the UAE purchased in foreign currency liquefied gas and gasoline produced at the Turkmenbashi Complex of Oil Refineries, as well as diesel fuel produced by the Seydi Oil Refinery, cotton yarn and smooth-dyed and jacquard terry products. They also purchased cotton yarn for Turkmen manat.

As for the third week of February, there were also transactions in both the Turkmen manat and foreign currency. In particular, in foreign currency, entrepreneurs from the UAE purchased polypropylene and low-sulfur heating oil produced at the Turkmenbashi Complex of Oil Refineries, ECO-93 brand gasoline, liquefied gas and technical sulfur.

They also purchased cotton yarn, licorice root extract, and medical supplies in the Turkmen manat.

In the last week of February, the UAE bought aviation kerosene and gasoline produced at the Turkmenbashi Complex of Oil Refineries of Turkmenistan on Turkmenistan’s exchange for foreign currency.

It should be noted that the State Commodity Exchange of Turkmenistan was established on July 29, 1994. It is the most important body of state regulation of export-import operations.

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Follow the author on Twitter: @JeilaAliyeva

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