On June 12, 2012 a Memorandum of Understanding on the development of the Belarusian capital market was signed between the Ministry of Finance of the Republic of Belarus and Korea Stock Exchange (KRX)

   18.06.2012

   June 15, Minsk / Corr. BelTA /. As it was reported to the BelTA correspondent in the Ministry of Finance of the Republic of Belarus, the Ministry and Korea Stock Exchange signed a Memorandum of Understanding on the development of the Belarusian capital market.

   The document was signed by First Deputy Minister of Finance of the Republic of Belarus Vladimir Amarin and Chairman of Korea Stock Exchange Kim Bongsoo.

   While signing the Memorandum Kim Bongsoo said that the initiated cooperation will not only give Belarus a rich and good experience in the organization of the Korean capital market and stock activities but also will create conditions for the entry of Belarusian enterprises to the financial market of Korea.

   The market capitalization of the Korean capital market reached $ 1.1 trillion as of March 2012. In the number of listed companies Korea Stock Exchange is ranked 9th in the world (end of 2011).