China Options And Futures Exchange ,CNOFX Promote Infrastructure Sharing

The China Options and Futures Exchange (CNOFX) announced today, the focusing on best practices in regulatory measures to foster and encourage sharing of infrastructure resources as a means of stimulating investment and growth in the commodity sector. End Quote

(1888PressRelease) October 07, 2010 - Regulatory reforms over the past decade have led to unprecedented take-up of commodity markets, especially in developing countries. "Innovative business models and services are helping to drive the take-up of commodities in emerging markets in the Asia-Pacific region, Africa and the Americas," said Dr Jim Liu Hang, press officer at CNOFX. "Pro-competitive and open access strategies are needed to cut the cost of deploying infrastructure - and thus take a big step towards achieving the targets set by the World Commodity Community."

Mr. Hang said that sound regulatory frameworks would establish the enabling environment for commodity markets development and help meet the connectivity targets and they must in fact be advanced to 2012 if we are to utilize the catalytic potential of commodity to help meet the goals set for 2015.

CNOFX best practices
CNOFX found consensus on a set of best practice guidelines aimed at fostering affordable broadband access through innovative infrastructure sharing and open access strategies related to:
• Pricing
• efficient use of resources
• spectrum sharing
• licensing
• neutral, fair and non-discriminating interconnection
• transparency in information sharing
• sharing with other infrastructure industries, such as electricity, gas, water, sewage, railways to distribute the cost of civil works

Six Degrees of Sharing
1. Basic and Passive infrastructure sharing
2. Open access to international capacity
3. Business-sharing regulation
4. Active infrastructure sharing
5. End-user sharing
6. Policy and regulatory harmonization

Regulators also recognized the need for regional and international harmonization to ensure widespread use of best practice regulatory policies on sharing, especially in areas dealing with cross-border effects.

In order to encourage universal access and bridge the so-called 'digital divide', regulators will consider incentives for service providers who share infrastructure, including financial subsidies on a competitive basis.

You can visit http://www.cnofx.org for getting more informative details.

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