Page 22 - 2022 - annual report

INTERNATIONAL COOPERATION

AND COMMUNICATIONS

The activities of the UZCE in the field of during which an exchange of views was held
international cooperation and development on the implementation of the Memorandum
of communications were aimed at of Cooperation and the preparation of
establishing new and developing existing meetings of specialists in order to exchange
international relations of the UZCE, covering experience in the development of exchange
events, bringing exchange information to technologies and the organization of trading.
the masses, including through Internet During the regular meeting of the
resources.
subcommission on interbank cooperation
In the field of international cooperation in between the Russian Federation and the
2022, a number of important and significant Republic of Uzbekistan, held on May 20 of
events for the UZCE were held. the reporting year in Samarkand, within
the framework of further development of
On March 11, 2022, a meeting was held
with the investment company Mosaic cooperation between the banking systems
Financial Ltd. (USA) and issues of establishing and exchanges of the two states, the
contacts with the international depository leadership of the Central Bank and UZCE
and clearing center Euroclear and financial held working meetings with representatives
and investment groups of the USA, access of leading Russian financial structures.
of residents of the republic to foreign At the meetings, issues of establishing
securities and other innovative products of mutual correspondent relations between
international capital markets were discussed. Russian and Uzbek financial institutions,
participation of non-residents in the UZCE
On May 14, 2022, a meeting was held with
representatives of the International Finance markets through direct access and through
Corporation headed by the Head of the provider banks, attracting additional liquidity
Treasury Department in Europe, the Middle in national currency to the foreign exchange
East and Africa, Mr. Martin Habel, where the markets of the two states were discussed.
possibility of joint work of the Government
of Uzbekistan, the private sector and the IFC
in order to increase financing in the national
currency to stimulate the development of
the financial sector was discussed.
In addition, representatives of UZCE took
part in the Annual General Meeting of the
International Association of Exchanges of
the CIS Countries, held in Minsk on May 16-
17, 2022. Within the framework of this event,
meetings were held with representatives of
the Belarusian Currency and Stock Exchange,

22