State Competition Committee, German Finance Ministry discuss priority directions of cooperation
24/03/2017 20:02
State Competition Committee, German Finance Ministry discuss priority directions of cooperation
24/03/2017 20:02
Tashkent, Uzbekistan (UzDaily.com) -- State Competition Committee of Uzbekistan and Ministry of Finance of Germany held a meeting to discuss priority directions of cooperation between two bodies.
The committee has been closely cooperating with the German experts in the field of privatization and improving corporate management in line with the memorandum of understanding and cooperation in the field of privatization and management of the state property and assistance of the Federal Ministry of Finance of Germany.
The German experts helped to develop and introduce the Code of corporate management. It was introduced in 412 joint stock companies in 2016. Currently, independent evaluation of the results of implementation of the Code is underway.
The German specialists also helped to develop a draft law “On management of the state assets”, which will be adopted in Uzbekistan within the action strategy on five priorities on development of Uzbekistan in 2017-2021.
During the meeting, the sides discussed perspective directions of cooperation between the State Competition Committee and German experts. In particular, it is planned to attract German specialists to develop draft law “On companies with limited and additional liabilities”.
The German experts will also provide assistance in organization of IPOs of Uzbek companies in internal and external markets.
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