Turkmenistan National Commodity Raw Materials Exchange Will Implement New Export Trading Process
Turkmenistan business network reported on December 14th, at the Turkmenistan cabinet meeting held in December 13th, Vice Premier Grey Zhov of Turkmenistan reported on the work plan for the new version of the export trading process for the oil and gas industry, agricultural complex, industry and information communication complex. President Berdymukhamedov of Turkmenistan approved the implementation of the plan and signed relevant resolutions on the implementation of the new version of commodity trading procedures, indicating that the Turkmenistan national commodity stock exchange as the state import and export trade department should focus on promoting the modernization of the transaction mode.
The new trading procedure aims at promoting diversification of sales market and normalization of transaction rules, and creating conditions to promote the implementation of electronic auctions, optimizing transaction process supervision, setting up favorable commodity prices and expanding export scale.
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