Bishkek, Nov. 7, 2021. / Kabar / . A memorandum of cooperation was signed between the Kyrgyz Stock Exchange and the Budapest Stock Exchange as part of a business forum held in Bishkek on Nov. 5.
The document was signed by President of the Kyrgyz Stock Exchange Medet Nazaraliev and Minister of Foreign Economic Relations and Foreign Affairs Peter Szijjarto.
The memorandum will serve as a basis for further mutually beneficial cooperation between Kyrgyzstan and Hungary. The Stock Exchanges of the two countries will exchange experience in the use of various financial instruments and exchange trading technologies.
"Signing of this document opens new prospects and opportunities for the development of the stock market in Kyrgyzstan. Under the signed document we will develop joint products to exchange experience in supporting and stimulating entrepreneurial activities through exchange trading," said KSE President Medet Nazaraliev.
The stock exchanges will start exploring ways to help companies entering the European stock market for resident companies. Informational and explanatory work among the business community will be carried out by organizing conferences and training seminars, which will start in the near future
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