In particular, according to the memorandum of understanding signed between the Uzbek Republican Commodity Exchange and the Dalian Commodity Exchange, the exchanges will implement projects on the effective organization of modern forms of exchange trading, the introduction and development of new exchange instruments, including commodity derivatives.
To this end, special internships will be organized at the Dalian Commodity Exchange for experts in exchange trading and IT specialists of the Uzbek Republican Commodity Exchange.
At the same time, the Uzbek Republican Commodity Exchange and the Dalian Commodity Exchange are also establishing cooperation in the field of information exchange. At the same time, stock quotes and statistical data on exchange activity will be posted in the information systems of the two exchanges. This, in turn, will allow entrepreneurs of Uzbekistan and China to promptly receive information about the conjuncture of the commodity markets of the two countries.
In addition, in order to increase trade turnover between Uzbekistan and China through the use of exchange mechanisms, issues of integration of trading systems of the two exchanges and mutual accreditation of their brokerage offices are being considered.
Special working groups have been formed at the Uzbek Republican Commodity Exchange and the Dalian Commodity Exchange for the practical implementation of these projects.
For reference: The Dalian Commodity Exchange is one of the largest exchanges in China, established in 1993. On the exchange, exchange trades are carried out on such goods as grain, corn, soybeans, beans, rice, coal, coke, polyethylene and polypropylene.
