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Turkmenistan to create electronic exchange database

Business Materials 17 April 2021 14:17 (UTC +04:00)
Turkmenistan to create electronic exchange database

BAKU, Azerbaijan, April 17

By Jeila Aliyeva - Trend:

An electronic database of exchange prices of the State Commodity and Raw Materials Exchange of Turkmenistan is being created, Trend reports with reference to the State News Agency of Turkmenistan.

Phased development of an electronic database is underway, which will contain relevant information on the registration of exchange contracts, their analysis, the formation of "personal accounts" of clients, etc.

Also, it will be possible to get information about foreign contracts registered on the exchange, get acquainted with the list and tariffs for goods imported from abroad and export-oriented domestic products in the electronic database.

At the first stage, the data will be publicly available to all interested parties. Further, it is planned to provide services to users on a paid basis.

Сlarifying prices for certain types of goods, opening brokerage offices on the exchange and making payments in electronic format, and other services will be provided in an electronic database.

The State Commodity and Raw Materials 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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