State Property Committee, KRX sign memo to develop cooperation in securities market
30/12/2010 17:13
State Property Committee, KRX sign memo to develop cooperation in securities market
30/12/2010 17:13
Tashkent, Uzbekistan (UzDaily.com) -- State Property Committee of Uzbekistan and Korean Stock Exchange (KRX) signed an agreement on developing securities market.
On 28 December 2010, the delegation of KRX led by President and CEO Kim Bong-soo paid a visit to the State Committee of Uzbekistan on management of the state property.
Within the meeting, the sides signed the memorandum of understanding between the State Property Committee of Uzbekistan and Korea Stock Exchange. The sides noted that the memorandum will help to expand interaction in all spheres of securities markets of two states.
Acting chairperson of the State Property Committee Aziz Abduhakimov underlined that upcoming cooperation with KRX within the memorandum will ensure some significant advantages for the Uzbek securities market and all economy as a whole. Among them is to access to modern information technologies to create modernized infrastructure for stock exchange in Uzbekistan in real time, simplification of search of potential partners for businesses through online IPOs and others.
In his turn, KRX President and CEO Kim Bong-soo said that Uzbekistan, who possesses strategic location at Great Silk Road and huge resource potential, is considered as priority partner in Central Asia by the Korean side. Kim Bong-soo noted about intensification and strengthening of the Uzbek-Korean economic relations and added that the signed document will be important step in developing securities market, implementation of existing potential in Uzbekistan and further expansion of cooperation between the State Property Committee and KRX.
During the discussions, the sides considered issues on introducing modern information technologies to securities market of Uzbekistan based on experience of Korea, development electronic system on purchase of securities, exchange experience.
04/05/2024Read more
04/05/2024Read more
$ 1 | 12697.00 | 0.000% |
1 | 13547.70 | 0.000% |
₽ 1 | 135.05 | 0.000% |