MEETING OF THE CAPITAL MARKETS DEVELOPMENT AGENCY OF THE REPUBLIC OF UZBEKISTAN WITH THE DELEGATION.

12 June 2019

On June 12, 2019, in Tashkent, the Capital Markets Development Agency welcomed the delegation of US Treasury led by the Deputy Assistant Secretary of the Treasury for Technical Assistance Policy, William McDonald.

For reference: The US Treasury Department (United States Department of the Treasury) is the US executive authority established in 1789, whose functions include developing and executing US economic and monetary policies, as well as advising on domestic and international monetary and financial issues, economic, trade and tax policy.

During the meeting, Atabek Nazirov presented a brief information on the activities of the Agency and spoke about the concept of the Capital Market Development Strategy for the next 5 years.

In addition, the parties discussed the potential of technical assistance provision by US Treasury specialists in the areas of development of issuing bonds denominated in local currency, issuing municipal bonds, improving legislation and other areas included in the capital market strategy of the Republic of Uzbekistan.

“We are very grateful for the interest shown in participating in the ongoing reforms in the capital market of Uzbekistan and look forward to further cooperation in attracting highly qualified consultants on the long-term basis of the Treasury and the US Securities and Exchange Commission in the near future,” said Atabek Nazirov after the meeting.