The State
Property Committee (SPC) of Uzbekistan on 29 June received a delegation of
the Korea Exchange (KRX), headed by the chairman of the Korea Exchange Kim
Bongsu.
The meeting
with the Uzbek side was attended by the head of the State Property Committee
of Uzbekistan A. Abdukhakimov, Acting Director General of the Centre for
Securities Market A. Obidov, managers of the State Central Securities
Depository, Uzbekistan Stock Exchange, etc.
The Korean
side was represented by the President of KRX Bongsu Kim, executive director
of the KRX Shin Peng-Ho, KRX Senior Vice President Hwang Jeong Ho and several
leading experts Korea Exchange.
During the
meeting, the sides signed the agreement on Uzbek Stock Exchange
modernization. During the meeting it was noted that this agreement will
expand areas of cooperation in all spheres of both states stock markets'
activity, provide access to modern information technology to create a
modernized stock exchange infrastructure in Uzbekistan, that will simplify
the search for potential partners for business through an IPO in online mode,
etc.
To be noted,
on 28 December 2010 State Property Committee and KRX signed a Memorandum of
Understanding on the development of securities market.
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