The government approved the FAS plan for the development of exchange trading

The government approved the FAS plan for the development of exchange trading

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The Federal Antimonopoly Service (FAS) has confirmed that the government has approved a roadmap for the development of exchange trading developed by the agency. It involves the transition to exchange pricing for the chemical and petrochemical industries.

“This will create a market-based pricing system in the domestic market, form domestic indicators and reduce dependence on foreign suppliers of price information,” the statement says. press release FAS.

According to Kommersant, the road map is designed for 2023–2025. To create a complete and reliable picture of prices, data exchange will be established between the exchange and departments – for these purposes, the government will expand the system of accounting and over-the-counter contracts. In the future, exchange and over-the-counter price indicators may become an instrument of budgetary and tax control.

Details – in the material “Kommersant” “Sovereignty of supply and demand”.

Laura Keffer

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