A Memorandum of Understanding (MoU) was signed between Tehran Stock Exchange (TSE) and Karachi Stock Exchange (KSE).
The document was signed by Dr. Hassan Ghalibaf Asl, CEO of TSE, and Mr. Nadeem Naqvi, Managing Director of KSE.
The MoU is intended to facilitate the development of channels of communication between the parties, explore business opportunities for market participants of both Exchanges, facilitate knowledge and expertise sharing regarding the products of the Exchanges' securities markets, and to foster a continuing relationship between the parties for the respective benefit of the financial services industry in Iran and Pakistan.