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Turkmenistan and US double volume of trade turnover

Turkmenistan Materials 6 December 2023 20:39 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, December 6. The trade turnover between Turkmenistan and US amounted to $65.12 million from January through October this year, which is twice as much as in the same period last year, Trend reports.

This was announced by Deputy Chairman of the Cabinet of Ministers for the trade complex and textile industry Batyr Atdayev during the US-Turkmenistan Business Forum in Ashgabat.

According to him, the trade turnover between Turkmenistan and US totaled $38.7 million over the past year.

He highlighted that the main goods exported from Turkmenistan to the US are products of the oil and gas complex and the chemical industry, emphasizing the importance of these industries in the structure of foreign trade between the two countries.

Furthermore, he added that Turkmenistan mainly imports equipment and mechanisms, metalworking products, vehicles and related spare parts, as well as a variety of food products, emphasizing the versatility and vastness of import operations to provide various sectors of the country's economy.

Meanwhile, the 10th US-Turkmenistan Business Council is being held in Ashgabat on December 5-7, which is attended by heads and representatives of relevant government and business structures of the two countries.

The delegation that arrived in Ashgabat, headed by Eric Stewart, Executive Director of the US-Turkmenistan Business Council, included executives and representatives of well-known companies, including Visa, Palo Alto Networks, Honeywell, John Deere, etc.

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