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Markets

Executive VP Borsa Istanbul visits KSE

Published April 21, 2015 Updated April 21, 2015 10:04am

imageKARACHI: Executive Vice President of Borsa Istanbul, Mustafa Kemal has said, We are ready to create new areas of collaboration to develop capital market in Pakistan.

He stated this while talking to journalists during his visit to Karachi Stock Exchange (KSE), along with a delegation here Tuesday.

He said they believe that both the countries, Pakistan and Turkey, have quite good potential to develop. "We are here with a team and we would like to collaborate with KSE in different areas", said Mustafa Kemal

Managing Director (MD), KSE, Nadeem Naqvi talking on the occasion said that KSE was collaborating with Borsa Istanbul for a long time and had also signed a Memorandum of Understanding (MoU).

Naqvi said "Taking our companies to Turkey, we also wanted to hold a road show there for the purpose".

The company had turned as a European doorway, Naqvi further said.

In reply to a question, he said that growth of the market depends on the growth of the economy. "We are moving from consumption model to investment model", he added.

Copyright APP (Associated Press of Pakistan), 2015

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