Uzbekistan begins importing potatoes from the Issyk-Kul region of Kyrgyzstan; Foreign trading platform commodity exchange starts operating; For the first time, SPO will be held in Uzbekistan;
Uzbekistan begins importing potatoes from the Issyk-Kul region of Kyrgyzstan
In mid-October, a working meeting was held in Tashkent between representatives of Uzbekistan and Kyrgyzstan regarding the export of ware potatoes from Kyrgyzstan.
In the course of the agreements, the Uzbek side provided a list of 17 Uzbek companies that are allowed to import potatoes, the press service of the Ministry of Agriculture of the neighboring republic reports.
On the basis of these agreements, private entrepreneurs of Issyk-Kul region and Namangan Savdo Invest LLC of Uzbekistan agreed to supply ware potatoes for 2 thousand tons. To date Nov 2, 2018, more than 66 tons of ware potatoes have already been shipped from the region.
Foreign trading platform commodity exchange starts operating
The foreign trading platform of the Uzbek Commodity and Raw Materials Exchange (UZEX), connected to the electronic system of exchange trading (ESES), began operating in Almaty (Kazakhstan).
The founder of the trading floor was the Kazakh brokerage company “Alta and K” LLP, which is also accredited by UZEX as the first foreign broker company.
At the first stage, the trading floor envisages for sales of domestic high-liquid goods, including polyethylene, polypropylene, cotton and non-ferrous metals to Kazakhstan, as well as imports of grain crops, coal and cement to Uzbekistan.
For the first time, SPO will be held in Uzbekistan
At the end of December 2017, the population of Uzbekistan for the first time obtained the opportunity to buy shares of companies for IPO and SPO. Then it was revealed that the shares of the companies Quartz, Shakhrisabz Wine Arches and Kukon Mechanics Plant would be placed as a pilot.
In April, the first IPO in the history of the country was held, where Quartz offered its shares. It sold 54% of the total issued shares worth more than 7.5 billion soums.
In August, it became known that in 2018-2019 several more IPOs and SPOs are planned. First of all, shares of large state-owned companies in the construction and finance sectors will be sold. The first SPO will put for public sale shares of JSC “Kukon Mechanics Factory” – 10% of the total share capital of the company.