Turkish capital market, Pakistani securities commission to cooperate

SECP's Chairman Muhammad Ali said Turkey was the first country with which the commission had signed a cooperation agreement.

Turkish capital market, Pakistani securities commission to cooperate

Turkey's Capital Market Board (SPK) and Pakistan's Securities and Exchange Commission (SECP) signed on Wednesday a cooperation agreement.

The agreement aims to boost cooperation and exchange of know-how between the two institutions.

"This is the 29th such agreement we have signed, and our cooperation will continue to improve," SPK's President Vedat Akgiray said during the signing ceremony in Istanbul.

Akgiray said this agreement enabled a transparent opportunity and gave assurances to Pakistani investors and Turkish investors.

SECP's Chairman Muhammad Ali said Turkey was the first country with which the commission had signed a cooperation agreement.

The Pakistani delegation also visited some financial institutions including Istanbul Stock Exchange (ISE) and Istanbul Gold Exchange.

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Last Mod: 14 Eylül 2011, 17:21
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