The State Commodity and Raw Materials Exchange of Turkmenistan

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The State Commodity and Raw Materials Exchange of Turkmenistan

As against other commodity exchanges, the spectrum of activity of the State Commodity and Raw Materials Exchange of Turkmenistan is extremely wide. It, as a matter of fact, is the universal commodity exchange, accepting and realizing through the tenders various commodity and material assets, except for objects of the intellectual property, product of arts and the real estate. Besides the basic functions of the intermediary and organizer of the civilized wholesale market, which problems are in creation of equal conditions for participants of a commodity exchange, both to business foreign people, and businessmen of Turkmenistan, the increasing and acceleration of commodity circulation, saturation of a home market by the necessary consumer goods, an industrial and technological production and the equipment intended for modernization of an economic complex of the country, on a commodity exchange also are assigned functions of the control over conformity of the established prices for the goods proceeding from their cost price, the state registration of concluded foreign trade contracts and contracts within the framework of a home market of Turkmenistan, duly performance of conditions of the made contracts. Experts of a commodity exchange estimate expediency of import and export of production, carry out the analysis of influence of various factors to import and export of goods and production.

Now at the exchange tenders the goods of a domestic production which are exported to more than 40 states of the world, including Turkey, China, Russia, United Arab Emirates, Iran, Germany, the USA, the Great Britain, Ukraine, Switzerland is realized. Basic articles of export are mineral oil, cotton fiber, production of the domestic textile industry, the chemical industry, etc.

The status of a neutrality of Turkmenistan, a stable political and economic situation, reliable legislative base for foreign investments, involves foreign investors more and more.


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