Uzbek trade team briefed on ISE working

03 May, 2006

The board of directors of the Islamabad Stock Exchange (ISE) on Tuesday briefed a trade delegation from Uzbekistan on the working of stock exchange, including buying/selling of shares and capital market reforms.
The delegation comprised Dr Alisher Shaykhov, chairman, Chamber of Commerce, Industry and Dr Akmal Kamalov, deputy minister, Ministry of Foreign Economic Relations, Investments and Trade of Uzbekistan and representatives of business community.
The objective of the visit was to explore the trade and business avenues of mutual interest of both countries.
Both sides discussed the ways and means for close co-operation between the two countries in the field of stock trading.
It was mutually agreed to consider cross-border listing, regulations framing, mutual training programs and regular visits of the delegates.
Earlier, ISE Managing Director Aftab Ahmad Choudhry said the Exchange has become a vibrant, efficient and stable market.
He also gave a detailed presentation to the delegation about the stock market operations and structural reforms introduced in the capital market.-PR

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