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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN

of June 4, 1996 No. 228

About Provisional regulations for futures transactions on realization of agricultural products in the Republic of Tajikistan

In pursuance of the Presidential decree of the Republic of Tajikistan of April 8, 1996 "About application of futures transactions in case of production and realization of agricultural products" the Government of the Republic of Tajikistan decides No. 458:

1. Approve the enclosed Provisional regulations for futures transactions on realization of agricultural products in the Republic of Tajikistan.

2. To the ministries and departments of the Republic of Tajikistan, the Tajik commodity and raw exchange to bring these provisional regulations to counteractors in a month and to prepare the relevant tovarorasporyaditelny documents for registration of futures transactions determined by rules of stock exchange trading.

 

Prime Minister

Republic of Tajikistan E.Rakhmonov

Approved by the order of the Government of the Republic of Tajikistan of June 4, 1996 No. 228

Provisional regulations for futures transactions on realization of agricultural products in the Republic of Tajikistan

These provisional regulations for futures transactions on realization of agricultural products are developed according to the Presidential decree of the Republic of Tajikistan of April 8, 1996 No. 458 "About application of futures transactions in case of production and realization of agricultural products".

In the conditions of the market relations the organization of forward and future trade in case of purchase and sale of agricultural products has special value, allows producers to analyze the prices of future products, to make transactions in case of sale in optimum market situation and to insure itself against price fluctuation.

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