ELECTRONIC PUBLICATIONS
The dynamic development of exchange activity in Uzbekistan is based primarily on the application of market principles and innovative solutions. Particularly the Uzbek Commodity Exchange (UZEX) innovates, aimed at further improvement of the trade arrangements with the widespread introduction of modern forms of information and communication technologies, which in turn creates a solid foundation for the development of the country's B2B e-commerce model.
Exchanges play a vital role in the market economy and entrepreneurial activity, serving as a specific form of trade organization. Some authors even refer to them as the core or backbone of the economy.
At JSC "UZEX", the following exchange commissions have been established and are actively functioning:
Auction trading is actively developing in our economy as an effective market mechanism. This tool is gaining increasing importance, with ongoing efforts to engage entrepreneurs in the electronic procurement system, which fosters competition and optimizes pricing for goods.