Rus News Journal

MTB has received a most favoured nation treatment in Georgia and Armenia

Trade relations between commercial and exchange structures of Russia and Zakavk
  MTB has received a most favoured nation treatment in Georgia and Armenia
Trade relations between commercial and exchange structures of Russia and the Transcaucasian republics have got the governmental support.
It official delegation MTB has achieved, Association of heads of the enterprises of the USSR and the Inter-regional exchange union, visited Georgia and Armenia 11 - on August, 16th. During visit negotiations with the governments of two republics and a management of local stock exchanges have been carried on.
Besides interexchange agreements, with the governments of both republics reports on a recognition by them of the transactions concluded on MTB, and neprepjatstvovanii to export of the goods which are sold at auctions MTB and being in territory of Georgia and Armenia are signed.

from August, 11 till August, 16th delegation MTB, the Inter-regional exchange union, Association of heads of the enterprises of the USSR which structure also included observers from the government of RSFSR and the government of Moscow, has visited Georgia and Armenia. During a trip negotiations with a management Tbilisi universal (TUBI) and Yerevan commodity - raw (ERTSB) stock exchanges have been carried on.
signing of Cooperation agreements MTB with TUBI and ERTSB became result of negotiations. The parties of these Agreements have considered necessary to undertake concrete steps for reception of guarantees on free import and export of the goods for limits of republics. In these purposes the order at which declared to the auctions on MTB the goods which are in Georgia or Armenia, or declared to the auctions on ERTSB and TUBI the goods which are in Russia, are preliminary licensed by the republican governments on export for limits of republics is established. Thus MTB and the Caucasian stock exchanges undertake to protect interests each other in the governments of the republics. For realisation of this arrangement of the party of Agreements have made decision to exchange representations.
besides it the decision on carrying out of regular consultations on really developing barter between Russia and two Caucasian republics for what have been founded constantly operating Russian - Georgian and Russian - Armenian trading - Economic Councils was accepted, to participation in which representatives of business circles of all three republics are invited. For practical support of trade relations between commercial structures of three republics the decision on creation Russian - Georgian and Russian - Armenian the trading companies is accepted. They will be kommerchesko - intermediary structures on the joint-stock beginnings. Constituent documents of the companies are supposed to be developed till October, 15th of this year.
as participants of agreements declared, they is opened for joining to them of other stock exchanges which are in territory of three republics.
according to experts the reached Agreements give to commercial structures of Russia and the Caucasian republics a most favoured nation treatment for mutual trade. In this connection that fact is important that Ministerial councils of Georgia and Armenia have signed reports in which have supported all positions of these Agreements, and also their realisations were obliged to promote in every possible way.

ALEXANDER - LOKTEV