Rais of Tatarstan and Director General of the CTS Stock Exchange Company sign a cooperation agreement

On 20 June the Rais (Head) of Tatarstan Rustam Minnikhanov and the Director General of the CTS Stock Exchange Joint-Stock Company Vitaliy Khayrullin signed an agreement on cooperation between the Government of the republic and the Company aimed at the development of the stock-exchange trade, formation of fair market prices and goods price indicators as well as strengthening of the economic potential of Tatarstan. 

On top of that the stock-exchange tools are supposed to expand the sales borders, cut expenses on purchasing goods and raw materials by Tatarstan manufacturers. It is also planned to develop competition by using stock-exchange and curb exchange trading tools and electronic procurement procedures.