At the auction, the amount of foreign exchange transactions exceeded $57 million USD
10:08 17.02.2021 6217
At the auction, the amount of foreign exchange transactions exceeded $57 million USD
110 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Entrepreneurs from the United Arab Emirates, Scotland, Afghanistan purchased for foreign currency liquefied gas and motor gasoline produced at the Turkmenbashi complex of oil refineries, as well as diesel fuel from the Seydi oil refinery.
Also, cotton yarn and one-colored and jacquard terry products were sold for foreign currency. Purchasing countries: Russia, UAE, Turkey, Ukraine, Pakistan, Azerbaijan, Georgia and Kyrgyzstan.
The total amount of transactions exceeded $57 million USD.
For manat funds, buyers from the UAE, Turkey, Pakistan, Kazakhstan purchased cotton yarn. The total amount of transactions amounted to over 67 million manat.
For the local market, domestic businessmen purchased high-density polyethylene produced by the State Concern «Turkmengas», as well as cotton fiber and handmade carpets for a total amount of about 30 million 618 thousand manat.
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).
Gasoline and diesel fuel sold to Turkey and Afghanistan at exchange auctions
30 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
The capital of Turkmenistan hosted an international exhibition and scientific conference
On August 6-7, Ashgabat hosted the International Exhibition "Construction, Industry, Energy of Turkmenistan-2022" and within its framework - the scientific conference "Development of the construction, industry, energy sectors of Turkmenistan", organized by the relevant ministries and departments, as well as the Trade and Industrial country chamber.
OPEC Secretary General to speak at TEIF 2025
OPEC will make a significant contribution to the Turkmenistan Foreign Investment Forum (TEIF 2025), which will be held in Kuala Lumpur, Malaysia on April 23-24.
Ashgabat to host International Forum «Construction, Industry and Energy of Turkmenistan»
Ashgabat will host the International Exhibition and Conference «Construction, Industry and Energy of Turkmenistan – 2022» on August 6-7. The forum is dedicated to the Day of Construction and Industrial Complex Workers.