The State Property Committee of Uzbekistan and the Korean Stock Exchange signed a General agreement on modernization of the stock market of Uzbekistan in Tashkent on 23 August.

The agreement, worth a total of about USD 6 million, envisages expansion of partnership between the stock markets of the two countries.

In particular, the sides agreed to attract modern information technologies for creation in Uzbekistan of the real-time stock market infrastructure.

In December 2010, the same parties inked a Memorandum of understanding on development of the stock market, which launched exchange of experience and specialists training.

UzA.uz