An experimental platform for trading shares of foreign companies will be established at the exchange. This was announced on February 21 during a plenary session of the Senate of the Oliy Majlis by Vyacheslav Pak, the first deputy director of the National Agency for Project Management.

The official stated that in 2024 there was a "significant increase in trading" on the stock exchange, amounting to 18.5 trillion soums—a historical maximum. Additionally, legal foundations for the issuance of "green" bonds have been created, and the first issuance of these bonds was registered at 50 billion soums. Trading data on the stock exchange has become available on Bloomberg, and integration of the Unified Corporate Information Portal with the exchange has been carried out.

Pak also reported on the development of a draft law "On the Capital Market" in collaboration with international experts, which has been submitted for consideration to the government. The National Agency for Project Management is preparing a new version of the law "On Joint-Stock Companies," which is planned to be submitted to the Cabinet.

The first deputy head of the National Agency for Project Management noted that residents of Uzbekistan are interested in purchasing securities of foreign companies, but due to legislative restrictions, the purchase of shares from non-residents is prohibited.

"We [NAPM] plan to create an experimental platform for trading shares of non-residents on the 'Tashkent' stock exchange. For instance, we aim to establish a platform where our citizens can legally buy shares of leading fintech companies, Tesla, Google, and others. Our goal is to increase the attractiveness of securities so that citizens become more engaged in this trading," Pak explained.

Furthermore, the National Agency for Project Management plans to create an experimental regime for the issuance of foreign currency bonds. According to the deputy director, citizens are not ready to take on currency risks, preferring to keep their savings in foreign currency. As a result, foreign currency bonds will enable the mobilization of the public's free funds into the economy, he added.

Earlier, Spot reported that Uzbekistan will place three issues of sovereign eurobonds worth $1.5 billion.