President of Turkmenistan instructed to open Trade Houses abroad

During the extended meeting of the Cabinet of Ministers held by the President of Turkmenistan Serdar Berdimuhamedov on July 12, Deputy Chairman of the Cabinet of Ministers B. Atdaev reported on the results of the work of the supervised ministries and departments, as well as the business sector in January-June this year, TDH reports.

Thus, for the Ministry of Trade and Foreign Economic Relations compared to the same period last year, the growth rate of trade turnover reached 103.1 percent, production - 104.5 percent.

The enterprises of the Ministry of Textile Industry in comparison with the same period of the previous year, the volume of output, including cotton yarn and fabrics, is 133.5 and 122 percent, respectively, sewing and knitwear - 104.4 percent, and leather - 118 percent.

Fulfillment of the plan on production of carpet products at the enterprises of the State Association "Türkmenhaly" amounted to 101.3 percent.

The State Commodity Exchange held 147 trading sessions during the reporting period, at which 14 thousand 40 contracts were registered.

The growth rate of the work carried out by the Chamber of Commerce and Industry in January-June amounted to 111.4 percent. During the period 12 exhibitions and 65 forums were held.

According to the Union of Industrialists and Entrepreneurs, the growth of agricultural and food production for six months of this year is 112.1 percent, industrial production - 103.2 percent.

During the meeting, President Serdar Berdimuhamedov appointed N. Orazgeldiev as Minister of Textile Industry and A. Durdyeva as Chairman of the State Association "Türkmenhaly".

Addressing the Deputy Prime Minister, President Serdar Berdimuhamedov emphasized that in order to improve the supply of food and other essential goods to the domestic market, the production potential of the trade complex should be fully utilized.

It is necessary to take concrete steps to expand the range of activities of the private sector in all sectors of the economy, the head of Turkmenistan continued, instructing to organize the work of the State Commodity Exchange and the Chamber of Commerce and Industry more effectively.

The attention of Deputy Prime Minister was focused on the need to work out the issue of opening trade houses abroad by promoting products manufactured in the country.