Borsa İstanbul EVP Dr. Mustafa K. Yılmaz and PMEX Managing Director Mr. Ejaz Ali Shah signed an MoU—through which the exchanges will share information and expertise in various fields. The agreement between the exchanges is part of a broader cooperation initiative between Turkey and Pakistan and will provide opportunities for further development of the capital markets.
Underlining the close relations between the two countries, Dr. Mustafa K. Yılmaz highlighted the importance of this agreement by saying “The MoU between the two exchanges paves the way for development of mutually beneficial business areas”. Mr. Ejaz Ali Shah mentioned the historical relationship between the two countries and said: “This MoU between Pakistan Mercantile Exchange & Borsa İstanbul will be the foundation of a long lasting and fruitful relationship”.
The MoU signing ceremony was followed by a number of informative presentations by both of the exchanges as part of the program.