On November 22, an overseas trading platform of the Uzbek Commodity Exchange was launched in Kabul, established by the Afghan bank Ghazanfar Bank.

This foreign trading platform was launched as part of the "4th National and International Exhibition and Trade Fair in the Name of Imam Abu Hanifa," held in Kabul.

The event was attended by a delegation from the Uzbek Commodity Exchange, whose representatives presented exchange certificates to the responsible staff of Ghazanfar Bank.

The exchange trading platform will provide entrepreneurs from Uzbekistan and Afghanistan with the opportunity to freely participate in the commodity markets of both countries, leveraging the advantages of a market-driven mechanism.

These advantages include transparent trading and settlement processes, market-based pricing, a wide network of reliable counterparties, operational efficiency and convenience in business processes, time and cost savings, as well as guaranteed payment and delivery of goods.

The new exchange trading platform will contribute to expanding the export potential of local producers and increasing mutual trade turnover between Uzbekistan and Afghanistan.

Source: DEPARTMENT OF MASS COMMUNICATIONS AND FOREIGN ECONOMIC ACTIVITY