PRESS RELEASE
On April 16, 2024, the Republican Stock Exchange "Toshkent" (RSE) hosted a meeting with the delegation of the Baku Stock Exchange led by the Chairman of the Supervisory Board Farid Akhundov.
The main purpose of the visit was to meet the new Chairman of the Board of the Baku Stock Exchange Ruslan Khalilov and deepen cooperation between the two exchanges. During the meeting, the CEO of RSE George Paresishvili provided the overview of the current state of Uzbekistan's capital market and discussed plans for its development. An important part of the discussion was the overview of various trading systems used by regional exchanges and sharing the experience of the Baku Stock Exchange in transitioning to a new trading platform.
Representatives of the Baku Stock Exchange positively assessed Uzbekistan's efforts to open access to its local capital market for foreign investors and inquired about the Presidential Decree-291 which created opportunities for such access.
During the meeting, both parties appreciated exchange of experience and information, and discussed possible joint initiatives aimed at improving local capital market infrastructure in Uzbekistan and Azerbaijan.
