The President of Uzbekistan will take part in the Second “Central Asia – Russia” Summit and the regular meeting of the Council of Heads of State of the Commonwealth of Independent States (CIS), which will be held in Dushanbe.
The agenda of the upcoming events includes issues related to the expansion of multilateral cooperation, such as strengthening political dialogue, promoting joint projects in the trade, economic, and investment sectors, as well as cooperation in industry, agriculture, transportation, energy, and infrastructure, continuation of active cultural and humanitarian exchange.
The leaders will additionally discuss current international issues and matters related to regional security.
Following the summits, a package of joint documents and decisions aimed at further developing practical cooperation is expected to be adopted.
The Council's activities are aimed at developing international standards for the regulation and supervision of Islamic financial institutions, to implement effective corporate governance and risk management mechanisms, as well as to conduct research and capacity building of the staff in this field, and to assist member organisations in these matters.
Membership in this organization will enable the Central Bank to explore the experience of other countries and implement best international practices
in the regulation and supervision of Islamic financial institutions.
For reference: The Council was established in 2002 and is headquartered in Kuala Lumpur (Malaysia). Currently, the Council has 188 members, including 81 regulators and supervisors, 10 international intergovernmental organisations, 97 market participants. Also, the financial regulators of Kazakhstan, Kyrgyzstan and Tajikistan are members of the Council.