PRESS RELEASE

On March 5, 2024, the CEO of the Republican Stock Exchange "Toshkent" (RSE) George Paresishvili met with representatives of the Asian Development Bank (ADB) to discuss the ADB's new projects planned for 2025-2027 and their possible impact on the development of the financial market in Uzbekistan.

George Paresishvili provided a detailed overview of the current state of the capital market, focusing on initiatives aimed at improving the capital market infrastructure in Uzbekistan and attracting investors. Learning the details of the "Roadmap" for capital market development in 2023-2025 included in the Presidential Decree № PD-291, enabled ADB representatives to better understand  strategic directions and challenges facing Uzbek capital market.

During the meeting, both parties expressed readiness for further collaboration. Mohd Sani Ismail, the Director of the Financial Sector at ADB, emphasized that some of the initiatives related to the development of Uzbekistan's capital market can be included in ADB's program for 2025-2027, which will provide additional impetus to the growth of the domestic financial market.