Asad Umar reviews progress on formation of proposed framework

Asad Umar reviews progress on formation of proposed framework
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Finance Minister Asad Umar chaired a meeting of the Committee on Pak-Turkey Strategic Economic Framework in Islamabad to review progress on formation of the proposed framework.

During the meeting, he observed that there is great scope for the development of auto sector in Pakistan with the help of Turkey.

He said that banks from both sides would be encouraged to establish branches in each other’s country to promote business linkages and facilitate financial transactions.

The Finance Minister appreciated the proposal for establishment of a credit Guarantee Fund for trade enhancement.

Pakistan