Rambler's Top100
Belarus.by"Economy of Belarus"Photonews
Saturday, 19 April 2014
Search
Main  |  Site map  
News, events, facts
President
Politics
Economy
Society
Culture
Sport
In Pictures
Infographics



Our company
About
Products
Subscription
Contact us

Catalog
All about Belarus
Economy

Belarus-Turkmenistan trade expected at $400m by year end


06.09.2012 19:14

MINSK, 6 September (BelTA) – By the end of the year Belarus-Turkmenistan trade should be close to $400 million, nearly 70% up from 2011, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belarus Murad Yazberdiyev told media on 6 September.

The Ambassador said that this year Belarus-Turkmenistan trade should be at least as good as last year ($238.1 million). Taking into account changes in the bilateral trade, the figure should be close to $400 million. “Certainly, it is not the level that should be with the relations that exist between Belarus and Turkmenistan today. It should be much higher,” said Murad Yazberdiyev. The Ambassador added that in order to increase the trade turnover, the sides are putting efforts into trading houses.

Belarus’ major exports to Turkmenistan are tractors, road and construction machines, soil cultivators, trucks, lift trucks, tires, woodworking industry products, medications, food (sugar, milk powder, alcohol, malt, and confectionery). Belarus’ major imports from Turkmenistan are cotton yarn, fiber, fabric, jersey fabric, fleece, bed and table clothing, propylene polymers, and carbon.

The Ambassador said that trade in these commodities will be increased in the future. “A draft agreement on starting exchange trade is under consideration. Undoubtedly, it will increase capabilities of the sides. If exchange trade is established, respectively the range of goods will be expanded. We are mainly talking about wholesale trade,” said Murad Yazberdiyev. He also added that the number of companies that had not traded before would be increased.

Speaking about machines as the main import from Belarus, the Ambassador said it was time to set up centers in Turkmenistan to service the machines because the trade figures are large. Besides, the country intends to promote cooperation in this area. According to Murad Yazberdiyev, they are working on it already.

The Ambassador also said that in the future Belarus and Turkmenistan are interested not only in increasing the trade turnover but in implementing projects to create joint enterprises. The Garlyk ore mining and processing enterprise, which is scheduled for commissioning in early 2015, is a fine example of such cooperation, explained Murad Yazberdiyev.
Follow BELTA news on Twitter Add to Google
Print version
© BelTA. A hyperlink to the main page of the website www.belta.by must be provided when materials of the website are used for electronic publications, website pages, electronic files or other electronic forms of use.
All news
10.09.2012 15:02 Experts of Belarus, EU share SME support practices More
10.09.2012 13:41 International exhibitions in Belarusian regions promote local development More
10.09.2012 09:57 Cooperation agreements signed at Ostrovets economic forum More
07.09.2012 18:56 Belarus’ forex reserves $89m down in August to $8.16bn More
07.09.2012 16:22 MAZ-MAN trucks among 2012 Truck of the Year in Russia winners More
07.09.2012 14:05 All paperwork done to produce Belarusian tractors in Tajikistan More
07.09.2012 11:24 Belrosbank authorized capital raised to Br112.86bn More
06.09.2012 19:56 Construction of Garlyk mining, processing enterprise on schedule More
06.09.2012 19:14 Belarus-Turkmenistan trade expected at $400m by year end
06.09.2012 18:34 Poll: Lithuanian businessmen prefer to do business in Belarus through partnerships More
<<< << 601 602 603 604 605 606 607 608 609 610 >> >>>
Designed by - BELTA
© Copyright BELTA, 1996-2014 All right reserved.
Rambler's Top100 Rating All.BY