Stock exchanges of Uzbekistan and Tajikistan agreed on cooperation“Toshkent” Republican Stock Exchange and the Central Asian Stock Exchange (Tajikistan) signed a memorandum of understanding aimed at forming the basis for cooperation between the two exchanges.
The purpose of the memorandum is to create a mechanism for long-term and comprehensive cooperation between the parties in order to improve the efficiency of the exchanges.
According to “Toshkent” Republican Stock Exchange, the signing of the Memorandum between the exchanges became the next step in establishing long-term relations and implies the exchange of experience and information on the issues of activities of the markets and securities transactions, will help to improve the capital markets of countries. Moreover, this agreement shows the expansion of cooperation in financial sphere between Uzbekistan and Tajikistan.
Further steps on development of cooperation between the exchanges will be built around the organization of a single site for conducting exchange trades for creating investment channels between countries.