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UAE, Afghanistan buy diesel fuel in Turkmenistan

Turkmenistan Materials 3 August 2020 09:40 (UTC +04:00)
UAE, Afghanistan buy diesel fuel in Turkmenistan

BAKU, Azerbaijan, August 3

By Jeila Aliyeva - Trend:

Entrepreneurs from the United Arab Emirates (UAE), Turkey and Afghanistan purchased diesel fuel and petroleum coke manufactured at Turkmenistan’s Turkmenbashi Complex of Oil Refineries for foreign currency during an auction at the State Commodity and Raw Materials Exchange of Turkmenistan last week, Trend reports with reference to Turkmenistan’s State News Agency.

During an auction, polypropylene and high-density polyethylene became the subjects of transactions between the businessmen from Russia, Uzbekistan and Afghanistan.

Entrepreneurs from Russia and Turkey bought cotton yarn for foreign currency.

The total amount of transactions for foreign currency exceeded $40.1 million.

Transactions for the Turkmen manat were also made on the exchange. Thus, entrepreneurs of the UAE, Turkey, Uzbekistan and Afghanistan bought handmade carpet products and cotton yarn for the Turkmen manat on the exchange.

The total amount of transactions for the Turkmen manat exceeded 1.7 million manat ($503,827).

In general, 35 transactions were registered on the exchange over the past week.

The state commodity exchange of Turkmenistan was established on July 29, 1994. It is the most important agency of state regulation of export-import operations.

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Follow the author on Twitter: @JeilaAliyeva

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