UZEX and Phillip Capital Hold Meeting
On September 17, 2026, Asadulla Kayumov, Chairman of the Management Board of the Uzbek Republican Commodity Exchange (UZEX), met with Lim Hua Min, Chairman of the Management Board of international investment company Phillip Capital.
The meeting focused on the current state and prospects of strategic cooperation between UZEX and Phillip Capital, as well as the key areas of activity and further priorities of their joint venture, UZEX GLOBAL.
The participants noted that amid high volatility in global commodity markets, the need for modern tools to manage price risks is growing. In this context, expanding access to international futures and derivatives markets is becoming increasingly important for domestic businesses.
The development of modern hedging infrastructure will enable domestic producers, exporters and other commodity market participants to effectively manage price-related risks, improve the stability of financial results and strengthen their competitiveness in international markets.
The parties also highlighted the importance of improving financial literacy and professional expertise among domestic entrepreneurs and market participants through the UZEX GLOBAL project, as well as developing educational and practical programs on hedging and derivatives trading.
It was also emphasized that the practical experience gained through UZEX GLOBAL, together with international best practices, will play an important role in developing the regulatory framework, technological infrastructure and human capital of Uzbekistan’s national derivatives market.
Following the meeting, the parties expressed their commitment to further developing strategic cooperation between UZEX and Phillip Capital, expanding the activities of UZEX GLOBAL and strengthening cooperation on new joint initiatives.
