Businessmen from the UAE, Turkey, Afghanistan and Georgia purchased fuel and energy products at the auction

16:54 07.05.2024 2948

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19 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Representatives of the business circles of the United Arab Emirates, Turkey, Afghanistan, and Georgia purchased for foreign currency base oil, aviation kerosene and petroleum road bitumen produced at the technological installations of the Türkmennebit State Concern, as well as urea produced by the Türkmenhimiýa State Concern.

Also, plain-dyed and jacquard terry products, bed linen sets, cotton yarn, and goat wool were sold for foreign currency. Buying countries: UAE, Turkey, Kyrgyzstan.

The total amount of transactions amounted to over 18 million 833 thousand US dollars.

For the domestic market, local entreuprenears purchased polypropylene, petroleum road bitumen, base oil (SC «Turkmennebit»), as well as float glass and handmade carpets. The total amount of transactions amounted to more than 6 million 207 thousand manats.

Government meeting considered the work of fuel and energy enterprises in the Balkan region

Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the situation in the fuel and energy complex in the Balkan region at a government meeting chaired by President of Turkmenistan Gurbanguly Berdimuhamedov last Friday.

Turkmenistan leads Central Asian countries in UAE investments

Turkmenistan attracts the largest volume of foreign direct investment from the United Arab Emirates among Central Asian countries. Our country accounts for 65.4% of all UAE investments in the region, which amounts to 8 billion US dollars. Such data is provided by the Eurasian Development Bank (EDB).

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