BAKU, Azerbaijan, April 13
Trend:
Turkmenistan has sold gasoline to UK and carbamide to UAE, Trend reports with reference to Turkmenistan Today State News Agency.
The auction at the State Commodity and Raw Material Exchange of Turkmenistan was held last week. At this auction 46 transactions were concluded, both for foreign currency and for the Turkmen manat.
The total amount of transactions for foreign currency was $25.3 million. In addition to the UK, entrepreneurs from Afghanistan also purchased gasoline. The gasoline bought by these two countries was produced at the Turkmenbashi Complex of Oil Refineries.
The total amount of transactions for the domestic market exceeded 14.1 million mantas ($4.5 million). Turkmenistan’s businessmen purchased polypropylene and substandard polypropylene produced at the Turkmenbashi Complex of Oil Refineries, high-density polyethylene produced at the Turkmengaz State Concern. Handmade carpets, cotton fiber were also bought.
The State Commodity and Raw Material Exchange of Turkmenistan was established on July 29, 1994. It is the most important regulatory body for Turkmenistan’s export and import operations.
In accordance with the law of Turkmenistan "about commodity exchanges", enterprises and organizations of all forms of ownership, citizens of Turkmenistan and other states can participate in exchange trading by getting a brokerage place or entering into a service contract with exchange brokers.