Delegation of business circles of China represented by senior officials of Ministry of Trade, Reconstruction and Development Committee, Chinese customs service, foreign economic chamber of commerce of Xinjiang-Uigur autonomous district, and also representatives of large regional companies.
The aim of Chinese delegation visit is expansion of trade and exchange network of Uzbek Republican Commodity Exchange (UzRCE) on the territory of China, as reported by UzRCE on June 6. Given decision was made by representatives of Chinese business circles under support of official authorities of the region.
In the course of the visit delegation members familiarized with working experience of UzRCE, republican commodity exchange, and also with opportunities of electronic-trade system work of the exchange and its potential.
In the result of the visit an agreement on cooperation between UzRCE and Chinese oil company “XinShiya” and on opening of exchange branches in Kuitun town on Xinjiang-Uigur autonomous district was signed.
To remind, UzRCE trading site, which is the leading indicator of commodity circulation between Uzbekistan and China, was opened a little more than year ago in the capital of Xinjiang-Uigur autonomous district Urumqi.