BAKU, Azerbaijan, March 17
Trend:
Fifteen deals in the amount $3.37 million were concluded at Turkmenistan from March 9 through 13, Trend reports with reference to online newspaper TURKMENISTAN.RU.
During the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, the United Arab Emirates, Turkey and Afghanistan sold there their handmade carpets. In turn, businessmen from these countries purchased hydrotreated diesel fuel, technical kerosene, gasoline and diesel fuel produced at the Turkmenbashi complex of oil refineries.
Businessmen from the UAE purchased non-distilled and raw fatty acids of cotton soap stock in the amount of 5.7 million manat ($1.6 million).
The organized mechanism of functioning of a commodity exchange allows it to be integrated into the international economic system successfully. The State Commodity and Raw Materials Exchange of Turkmenistan has been founded by the Decree of the President of Turkmenistan on July 29, 1994, and it is the major economic institute of the country, carrying out function of a principal body of state regulation of export-import transactions. The organized mechanism of functioning of a commodity exchange allows it to be integrated into the international economic system successfully.
