Turkmenistan sells oil bitumen, diesel fuel to Afghanistan

Turkmenistan Materials 24 August 2020 09:45 (UTC +04:00)
Turkmenistan sells oil bitumen, diesel fuel to Afghanistan

BAKU, Azerbaijan, August 24

By Jeila Aliyeva - Trend:

Entrepreneurs from Afghanistan bought petroleum bitumen and diesel fuel in 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.

In addition, businessmen from Russia, Turkey and Afghanistan bought high density polyethylene in foreign currency.

Furthermore, terry products and cotton yarn became the subject of transactions of businessmen from Russia, Turkey, Azerbaijan, Ukraine and Kyrgyzstan in foreign currency.

The total amount of transactions in foreign currency exceeded $4.9 million.

Transactions in Turkmen manat were also made on the exchange. Thus, entrepreneurs of the UAE, Kazakhstan, Pakistan and Canada purchased cotton yarn worth more than 4.2 million Turkmen manat ($1.2 million).

Also, Turkmen entrepreneurs purchased high-density polyethylene, cotton fiber, cotton lint in the amount of over 3.3 million Turkmen manat ($955,191).

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.

Follow the author on Twitter: @JeilaAliyeva