On September 1, the government adopted a resolution on the establishment of a working group to implement the memorandum of understanding between the government of Ukraine, the EBRD, the American Chamber of Commerce in Ukraine and the United States Agency for international development, as well as approval of its staff and regulations.
The aim of the working group is to create in Ukraine a national mechanism of exchange trade in capital markets and organized commodity markets — NEXT-UA, as an integrated universal infrastructure that will include trade, clearing and settlement functionality. We are talking about trade in various assets, including securities (both government and corporate) and commodity derivatives (energy and agricultural products).
In addition, the functioning of the working group will accelerate the implementation of the provisions of the memorandum, which provide for the development of markets due to the implementation of NEXT-UA, identify key issues to create a favorable environment for market development, appropriate regulators infrastructure in Ukraine, etc.
