Turkmenistan discloses number of deals at State Commodity and Raw Material Exchange

Business Materials 7 November 2021 21:36 (UTC +04:00)

BAKU, Azerbaijan, Nov. 7


Some 248 exchange transactions were held at the Turkmen State Commodity and Raw Material Exchange from January through October 2021, during which 2,800 deals were concluded, Trend reports with reference to the Golden Age e-newspaper.

During the reporting period, the total value of the registered export-import deals reached 23.3 billion Turkmen manat ($6.7 billion). At the same time, export contracts accounted for 23.8 percent of transactions while import contracts - 76.2 percent.

An e-document turnover system has been introduced at the exchange in accordance with the instructions of the president of Turkmenistan.

Earlier, an international tender was announced for the registration of e-agreements, the implementation of digital exchange trading, technical development and implementation of a digital system in Turkmenistan.