RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of April 12, 1994 No. 1769

About transition to the international principles of calculations for transportation of goods on transport

For the purpose of timely ensuring transportation of goods in interstate and international messages and in connection with transition of the State Parties of the Commonwealth of Independent States to the international principles of calculations for transportation of goods on transport I decide:

1. To the ministry of road transport of Turkmenistan, the State railroad of Turkmenistan, National administration of civil aviation of Turkmenistan, the Turkmen sea shipping company and the Turkmen river shipping company since May 1, 1994 to make calculations for transportation of goods in all types of messages and the rendered services with foreign firms and joint businesses in freely convertible currency by advance payment.

2. To the ministries, departments and the companies - consignors and consignees of Turkmenistan since May 1, 1994 calculations for transportation of goods and the rendered services to make by advance payment:

in the interstate message - in freely convertible currency;

in the local message - in manats.

3. Determine that the companies of transport transfer in currency fund of the Government of Turkmenistan 50 percent of the currency earnings remaining with them after implementation of calculations for transportation of goods for the territory of the states of the CIS.

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