Tashkent, Uzbekistan, May 7
By Demir Azizov- Trend:
The trade turnover of the Uzbek Republican Commodity Exchange increased by 1 percent to 2.01 trillion Uzbek soums in January-March 2015 compared with the same period of 2014, a representative of the exchange told Trend May 6.
Some 1.62 trillion soums worth of goods were sold in 2014 on the stock exchange versus 1.699 trillion soums in 2013 (a 4.6 percent decrease).
"The share of trading in the total turnover of the stock exchange fell from 84.5 to 80.6 percent, which is due to the rise in rates on other trading platforms," said the representative of the stock exchange.
The source said that the positive dynamics of sales was observed in the system of fair trading, as well as government and corporate procurement.
Fair trades showed the highest growth rates for the period - by 32.2 percent, or up to 231.1 billion soums, he said.
During this period, the volume of electronic trading on public procurement in the D-xarid system has increased by 18.6 percent - to 78.3 billion soums, according to the source. At the same time, 22 billion soums of budget funds were spared (22.5 percent more than a year ago). The share of small businesses in the supply of goods on public procurement through electronic trades was more than 99 percent of the total amount of the transactions.
The volume of corporate procurement of E-xarid increased by 20.1 percent - to 80.7 billion soums. The share of small business in the supply of goods for corporate purchases reached 97 percent.
In the first quarter of 2015, private entrepreneurs have purchased products worth 1.1 trillion soums (a 25.5 percent increase) in total and sold their own products worth 401.4 billion soums (a 46.9 percent increase).
UZEX JSC was formed in April 1994, and currently has 260 trading platforms for exchange and exhibition trades, including ten abroad: in Russia, Latvia, Afghanistan, Pakistan, Kazakhstan and other countries.
Some 3, 000 customers and more than 9, 000 suppliers, 93 percent of which account for small businesses, have been accredited in an e-auction trading system for corporate procurement.
In 2014, the total turnover of the exchange increased by 24.2 percent - to 8.9 trillion soums.
Edited by CN