Afghan and Emirati Companies Making Use of Turkmenistan Stock Exchange

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.