In the EAEU countries, issuers will be able to place securities on all the Union's Stock Exchanges

30.11.2021

In the EAEU countries, issuers will be able to place securities on all the Union's Stock Exchanges

The EEC Board approved a draft Agreement on transboundary admission to the placement and circulation of securities at organised trading in the EAEU Member States. The agreement will allow issuers of the EAEU countries to place and circulate highly reliable corporate securities on any of the Union's stock exchanges. Its main goal is to lay the foundations for forming a common stock-exchange space within the EAEU.

"The implementation of the agreement will contribute to an increase in investment activity, creation of conditions for free movement of capital, increased availability and variety of financial products, and expanded access to capital markets for security issuers," Ruslan Beketayev, EEC Minister in charge of Economy and Financial Policy, noted.

Thus, the agreement significantly expands access to the capital markets of the five Union Member States for issuers, and provides access to new investment instruments for bidders.

According to the EEC Minister, the project is pilot one and allows achieving integration goals without significantly changing the current regulation in the Union countries.

The draft agreement approved by the Board will be sent to the governments of the EAEU countries for internal coordination.