Uzbek Republican Commodity Exchange (UzRCE) hosted a conference on the implementation of the joint project of UzRCE, Trustbank and Transcapitalbank on organization of settlements for export exchange transactions.

Uzbek Republican Commodity Exchange (UzRCE) hosted a conference on the implementation of the joint project of UzRCE, Trustbank and Transcapitalbank on organization of settlements for export exchange transactions. 

The event was attended by representatives of Trustbank, Transcapitalbank, Saint-Petersburg International Mercantile Exchange, Russian Export Center, ministries and agencies of Uzbekistan.

Chairman of the Board of UzRCE Farokhidin Ibragimov noted that thanks to active support and attention of the heads of the two countries, friendly relations between Uzbekistan and Russia are developing dynamically in all spheres, including trade-economic, inter-exchange and interbank relations.

Deputy Chairman of the Board of Transcapitalbank Yelena Shirinskaya expressed hope for further development of partnership between financial and exchange structures of the two countries, and informed participants about achievements of Transcapitalbank as a settlement bridge between Uzbekistan and the EAEU, CIS and SCO countries.

Issues of supporting foreign trade activities of entrepreneurs of the two countries by crediting guarantee funds contributed by participation in exchange trading, improving the competitiveness of domestic producers and prospects for attracting foreign investment in Uzbekistan were considered at the event.

UzRCE specialists informed guests about their activities and specifics of trading platforms.