In his words, it's intended to sign a number of documents during the session. The list of such documents includes a stock-market cooperation agreement, an agreement on facilitating work to disclose strategic information on the state of stock markets, a document on appointing the chairman of the technical committee of the council of chiefs of state agencies responsible for regulating CIS stock markets, as well as a document on implementing measures to establish a regional CIS committee within the framework of the securities commission, and some others.
All draft documents aim to expand CIS stock markets, Mamedov added. We accept such documents because they will facilitate regional economic development, Mamedov went on to say.
The Azeri side cooperates actively enough with Russia, Ukraine, Kazakhstan, Belarus and Uzbekistan for the sake of expanding its own stock market, Mamedov stressed. In his words, these countries boast similar languages and mentalities, also facing well-nigh the same problems and searching for similar solutions. Therefore we find it more useful to exchange experience with such countries, rather than the United States, Mamedov noted.
The Azeri stock market, which continues to expand rather actively, is still taking its first steps; consequently, Azerbaijan perceives intra-CIS experience exchanges as something profitable, Mamedov noted in conclusion.
