13.07.2019. 148 transactions have been registered at the trades of the State Commodity and Raw Material Exchange of Turkmenistan last week.
For foreign currency, brokers from Russia, Great Britain, Switzerland, Singapore, Afghanistan, Georgia, Uzbekistan have bought polypropylene, straight-run gasoline, jet fuel, lightning oil and technical kerosene produced by Turkmenbashy Refinery Complex. Businessmen from Switzerland and Singapore have also bought naphtha produced at Seydi Refinery. Technical sulphur and desulfurized diesel fraction (State Concern Türkmengaz) were the subjects of bargain between representative of business circles from Russian Federation, Great Britain, United Arab Emirates, Turkey, Romania, Hungary, Afghanistan, Kyrgyzstan and Uzbekistan.
In addition, colourless glass, cotton yarn, furniture cotton, licorice extract and cotton fibre were sold for foreign currency to Russia, UAE, Turkey, Switzerland, Serbia, Estonia, Hong Kong, Uzbekistan. Total amount of transactions has exceeded 81,873,000 US dollars.
For local market, Turkmen entrepreneurs have bought high-density polyethylene from polymeric plant in Kiyanly and cotton fibre to total amount of more than 46,339,000 manats.

State News Agency of Turkmenistan

12.07.2019. Turkmenistan pursues foreign policy based on the principles of positive neutrality, peace-loving, open doors, good neighbourliness and equal beneficial cooperation with all interested foreign partners. Developing fruitful relations on the government level, our country demonstrates invariable commitment to constructive dialog in multilateral format.
At the extended session of the Cabinet of Ministers dedicated to the outcomes of the first half of the year on July 5, the President stated an active character of cooperation with the UN, OSCE, EU, SCO. CIS and other competent organizations on current subjects of international agenda, having set specific objectives for coming period including to the Foreign Ministry.
In this regards, efficient old cooperation of Turkmenistan with the United Nations Organization, which is built on the principles of strategic partnership and which has received new content at modern stage, is worth to be mentioned.
At present time, our state is a member of number of structural divisions of the United Nations, under which it carries out its activity. Regional US Office for Preventive Diplomacy for Central Asia in Turkmen capital is a visual symbol of successful bilateral cooperation aimed at long-term future.

09.07.2019. Grain producers of Turkmenistan had a big working victory. Having produced more than 1,650,000 tons of wheat, they have successfully fulfilled contractual obligations.
Turkmenistan is the country with ancient and rich agriculture and today, traditions of rational attitude to the land receive new life.
Farmers have unparalleled benefits. Technical rearmament of the branch is going on rapidly, latest technologies, which together with centuries-old practice of rational land management of the ancestors become a solid foundation for rapid development of agriculture, are actively implemented.
Comprehensive state support to the farmers, provision of powerful social and economic base for development of agriculture are the guarantee for current growth of production volumes in national agricultural complex.

The process of the formalization of the legal status of the world’s biggest landlocked water body – the Caspian Sea, began in November 1996 in Ashgabat at the first meeting of the ministers of foreign affairs of the Caspian states.
In parallel with elaboration of the basic document – the Convention on the legal status of the Caspian Sea, the littoral Caspian states were carrying on the development of the documents in separate areas of the regional cooperation. First five-sided document was the Framework convention for the protection of the marine environment of the Caspian Sea (the Teheran Conference), signed in November 2003.
Up to date four protocols of the convention were adopted – on fight against oil spillage (Aktau protocol), on protection from pollution from land resources, (Moscow protocol), preservation of the biological diversity (Ashgabat protocol), assessment of the impact on environment in trans-border context.
Teheran convention came into force on 12th August 2006. That day – 12th August – is marked in the region as the Day of the Caspian Sea. Summits of the Heads of the littoral Caspian States provided a powerful impulse for the negotiation process.

05.07.2019. President Gurbanguly Berdimuhamedov held extended session of the Cabinet of Ministers where outcomes of work of national economy have been summed up for the first half of the year.

Highlighting the points of agenda, the Head of the state gave floor for report to Minister of Finances and Economy B. Bazarov who informed that stable development remains in all branches of national economy by the outcomes for January – June 2019.

As of July 1 of this year, the revenue of the State budget has reached 103.5 percent while expenditure part is 84.9 percent.

40 sessions of the Balance commission including 39 regional sessions have been held for the first half of the year.

The volume of drawn investments from all sources of financing was 16 billion manats or 26.6 percent in relation to the GDP for the period under review. The investment programme has been fulfilled by 41.5 percent.

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