The cooperation outlined in the memorandum of understanding extends to expanding primary markets, developing the institutional framework for supporting long-term retail savings, encouraging retail investor participation, backing new technologies, boosting the efficiency of regional capital market infrastructure, and sharing best practices. 

The sides aim to find practical solutions for managing common challenges, making better use of resources and promoting integration in regional capital markets. 

The agreement was signed on Nov. 13 by the stock exchanges in Brat islava, Bucharest, Ljubljana, Sofia, Warsaw and Zagreb, in addition to the Budapest bourse.