Qatar, Pakistan exploring feasibility of establishing global financial centre:
Qatar and Pakistan are jointly exploring feasibility of establishing an international financial centre either in Karachi or another major city in that Asian country.
This formed one of the rivets of the recently signed memorandum of understanding (MoU) between the Qatar Financial Center (QFC) and Pakistan Stock Exchange (PSX).
The agreement will see the QFC and the PSX collaborate on a variety of initiatives including promoting bilateral business development opportunities, facilitating the mutual cross-selling of financial products, facilitating trade and investment between companies in Pakistan and Qatar.
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