Afghan and Emirati Companies Making Use of Turkmenistan Stock Exchange

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Last week 38 deals were registered at Turkmenistan’s State Commodity Exchange. Their combined value amounted to over $7 million, the Turkmen government is reporting.

It is reported that businesses from the United Arab Emirates, Afghanistan, and Uzbekistan used foreign currency to purchase aviation kerosene and polypropylene produced by the national oil company Türkmennebit.

In addition, bed linens, denim and cotton fabric products, cotton yarn, and Portland cement were sold for foreign currency to the UAE, Afghanistan, and Kyrgyzstan.

For the domestic market, Turkmen businesses purchased polypropylene, blended paraffin, base oil, carbon black and iodine, bischofite, sodium sulfate, float sheet glass, and handmade carpets. The total value of the transactions amounted to over $150,000.

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Times of Central Asia

Askar Alimzhanov graduated from the journalism department of the Kazakh State University named after S. Kirov, then worked as a correspondent for the daily republican newspaper Leninskaya Smen. He then moved to the United States to be a reporter for the daily newspaper "Cape Cod Times" in Hayanis, Massachusetts, (USA) under the journalist exchange program between the Union of Journalists of the USSR and the New England Society of News Editors. Since then, he has helped build transparency and understanding of Central Asia region in various executive level positions at esteemed media organizations including "Akbar"(Alma-Ata) international center for journalism, the Khabar News agency, the Television and Radio Corporation "Kazakhstan" JSC, and MIR- Kazakhstan.

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