The State Securities Committee of Azerbaijan (SSC) and Kazakh Agency for Regulation of Securities Market have prepared a cooperation memorandum, which will be signed in the near future, Trend reports.
At the moment, one of the tasks of SSC in developing international relations is the integration into the fund market of neighboring countries. Therefore, such agreements will be signed with other CIS countries and Baltic countries, told Gunduz Mammadov, the chairman of SSC.
According to Mammadov, during the session of the CIS Council for Regulation of Operations with Securities held on July 11, agreements were prepared on exchange of statistic information and exchange of confidential information. He considers that the signing of the agreements at the international level will be realized by the end of 2006.