...

Russia's Eastwind, Turkmenistan's Turkmensvyaz to sign contract

Business Materials 17 April 2021 22:17 (UTC +04:00)
Russia's Eastwind, Turkmenistan's Turkmensvyaz to sign contract

BAKU, Azerbaijan, April 17

By Jeila Aliyeva - Trend:

Turkmen Turkmenaragatnaşyk agency (Turkmen communication) will sign a contract with the Russian Eastwind company, Trend reports with reference to Turkmenistan’s State News Agency.

The corresponding decree authorizing the conclusion of the above-mentioned contract was signed by President of Turkmenistan Gurbanguly Berdimuhamedov.

The contract will be signed for the purchase, delivery, installation of equipment and software for the modernization and expansion of the automated payment system of Turkmenistan's Altyn asyr Closed Joint Stock Company and for the provision of technical support.

Turkmenistan and Russia are cooperating in a number of areas.

As earlier the Russian Ministry of Foreign Affairs told Trend, The positive dynamics in Russian-Turkmen trade continued in 2020 – the trade turnover increased by 39.6 percent, compared to 2019 and reached $970.2 million (excluding Turkmen gas supplies).

The message said that the volume of exports increased by 19.6 percent (to $649.5 million), imports – by 11.6 percent (to $320.6 million).

"In 2020, Turkmenistan mainly exported metals and products made from them; food and agricultural raw materials; chemical industry products; machinery, equipment, and vehicles," the ministry noted.

The main items of import from Turkmenistan were: chemical industry products; textile, products made from it and shoes; food products and agricultural raw materials; mineral products.

---
Follow the author on Twitter: @JeilaAliyeva

Tags:
Latest

Latest