UZSE and CASE sign memorandum of understanding

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan Stock Exchange (UZSE) and the Central Asian Stock Exchange (CASE, Tajikistan) signed a memorandum of understanding, aimed at laying the foundations 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 the UZSE, the signing of the memorandum between the exchanges is the next step in establishing long-term relations and implies the exchange of experience and information on the issues of the markets and securities transactions, will help improve the capital markets of countries. Moreover, this agreement shows the expansion of cooperation in the financial sphere between Uzbekistan and Tajikistan.

Further steps to develop cooperation between the exchanges will be built around the organization of a single site for conducting exchange trades to create investment channels between countries.

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