RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of July 14, 2007 No. 8837

About streamlining of some foreign currency transactions in the territory of Turkmenistan

For the purpose of streamlining of some foreign currency transactions in the territory of Turkmenistan I decide:

1. Approve the enclosed Procedure for exchange of national currency of authorized banks on foreign currency for payment of traveling expenses in case of departure out of limits of Turkmenistan.

2. Permit to make in coordination with the Central bank of Turkmenistan exchange of manatny funds for foreign currency for compensation of the documented target and additional expenses connected with official journeys of workers out of limits of Turkmenistan according to the enclosed list according to the Procedure approved by this resolution.

3. Declare invalid the Section I of the Instruction on procedure for carrying out some foreign currency transactions by banks in the territory of Turkmenistan approved by the resolution of the President of Turkmenistan from 7 Turkmenbashi of 2002 No. 5490 "About measures for streamlining of transactions with foreign currency in the territory of Turkmenistan" (Collection of acts of the President of Turkmenistan and decisions of the Government of Turkmenistan, 2002, No. 1, the Art. 6).

4. To impose control over the implementation of this resolution on Vice-chairmen of the Cabinet of Ministers of Turkmenistan and the Chairman of the board of the Central bank of Turkmenistan Abilov G.

Approved by the resolution of the President of Turkmenistan of July 14, 2007, No. 8837

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