ASHGABAT, Turkmenistan, March 27. The
Belarusian Universal Commodity Exchange plans to increase trade
turnover with Turkmenistan this year by realizing the export
potential of the exchange platform, mainly due to lumber, dairy
products, and sugar, Trend reports.

According to the official source, a delegation of the department
of foreign economic activity of the Belarusian Universal Commodity
Exchange visited Ashgabat city in this regard.

Within the framework of the visit, organized by the Minsk branch
of the Belarusian Chamber of Commerce and Industry together with
the Embassy of Belarus in Turkmenistan, a number of meetings were
held with potential importers of the timber industry and food
industry enterprises of Turkmenistan.

Furthermore, representatives of the Belarusian exchange visited
the State Commodity and Raw Materials Exchange of Turkmenistan,
where they saw session stock trading and also held talks with its
management.

As a result of the negotiations, an agreement was reached on the
exchange of experience, technologies, and methodological
developments in the field of electronic exchange trading.

At the same time, the issue of the possibility of mutual
accreditation of stockbrokers on both sides to participate in
trading on mutual terms remained under consideration.

Meanwhile, at the moment, trade cooperation between Belarus and
Turkmenistan continues to show steady growth, reflecting both
countries as reliable and important partners for each other, within
which the emphasis is on the development of trade in petroleum,
chemical, metallurgical, and agricultural products.

Both sides are actively looking for new opportunities to expand
the product range as well as deepen investment cooperation in
various sectors of the economy.

Stay up-to-date with more news on Trend News
Agency’s WhatsApp channel