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Turkmenistan proposes to start transferring Turkmen electricity through Iran's energy system to third countries. This was stated during the talks between the presidents of the two countries held in Tehran on Wednesday with the participation of government delegations.

Representatives of the Ashgabat Stock Exchange (ASE) and the United States Agency for International Development (USAID) spoke about plans to develop the securities market in Turkmenistan, an ORIENT correspondent reports.

The expansion of trade and economic cooperation and an increase in the volume of trade turnover between Turkmenistan and Iran have become topics of negotiations at the highest level, President of Turkmenistan Serdar Berdimuhamedov said at a briefing following a meeting with his Iranian counterpart Ibrahim Raisi, Mehr news agency reports.

The Turkmen delegation held a meeting at the Iranian Oil Ministry on Tuesday. The head of this department, Javad Oji, told Iranian journalists about the content of the talks after the meeting.

On Monday, June 13, 4 deals totaling $3.7 million and 7.3 million Turkmen manats were concluded at the auctions of the State Commodity Exchange of Turkmenistan, ORIENT correspondent reports.

Last week, 18 deals totaling $134.7 million and 973.5 thousand Turkmen manats were concluded at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.

The President of Turkmenistan signed a decree according to which the Ministry of Agriculture of the country, the administrations of the Balkan and Mary regions should ensure the production of sugar beet in 2022 at the level of 224 thousand tons.

President Serdar Berdimuhamedov at a meeting of the Cabinet of Ministers on Saturday signed a resolution on the formation of the Government Commission for Water Supply of Turkmenistan.

On Friday, June 10, at the auction of the State Commodity Exchange of Turkmenistan, an entrepreneur from Afghanistan purchased 33 thousand linear meters of denim, the ORIENT correspondent reports.

The company CNPC-Aktobemunaigas, which transits oil through Russian ports, reported that since June 2022, the following grade name has been used for export Kazakh oil - KEBCO (Kazakhstan Export Blend Crude Oil). The official change will take effect on June 6.