State trade enterprises "Merv" and "Lebap" located in Mary and Lebap regions will be transformed into open joint-stock companies.

Deputy Chairman of the Cabinet Chary Gylyjov who supervises the trading complex and entrepreneurship informed on it on Friday at the meeting of the Cabinet of Ministers.

Now the given enterprises belong to the Ministry of Trade and Foreign Economic Relations of Turkmenistan. Change of their pattern of ownership will promote formation of securities market and general development of national economy.

At the meeting of the government the resolution on transformation of “Turkmendokma” foreign trade enterprise of the Ministry of Textile Industry of the country into open joint stock company was also signed.

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