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Tashkent hosts talks with Korean experts on Uzbekistani stock market modernization

July 4, 2014

Tashkent hosted talks with the delegation of the Korea Stock Exchange led by its director on strategic management Hong-Hee Shin, the State Committee of Uzbekistan for privatization, de-monopolization and competition development said.

During the meeting, the sides discussed execution of general agreement on modernization of securities market of Uzbekistan in line with the Presidential resolution ''On measures on further developing stock exchange'' as of 19 March 2012, issues of modernization of the stock exchange of Uzbekistan.

As a result of the meeting, the Committee of Uzbekistan for privatization signed an additional deal with Korea Stock Exchange on introduction of single program-technical complex.

The document envisages introduction of single program-technical complex in Uzbekistan, including supply of software, modern server and telecommunication equipment.

The project worth $6 million and will help expand cooperation between the stock exchanges of the two countries.

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Source: AKIpress News Agency (Kyrgyz Republic)

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