Uzbekistan and Hong Kong formalise gold trade co-operation
Uzbek central bank stresses need to diversify country’s precious metals sector
Uzbekistan and Hong Kong have formalised a framework for gold market co-operation as the Chinese city continues its push to become a trading hub for the precious metal and attract more institutional bullion to its vaults.
The head of Hong Kong’s Financial Services and Treasury Bureau (FSTB), Christopher Hui, and the deputy chair of the Central Bank of Uzbekistan, Abror Mirzo Olimov, exchanged a memorandum of understanding (MoU) in the city on September 9. According to a release, both sides will
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