ASHGABAT, Turkmenistan, May 4. Turkmenistan and
Pakistani branch of Swiss HabibMetro bank have discussed prospects
for establishing direct interbank relations to support bilateral
trade and economic cooperation, Trend reports via the press service of the Turkmen
Government.
The discussions took place during a meeting between
Turkmenistan’s Ambassador to Pakistan, Atajan Movlamov, and a
delegation of HabibMetro Bank led by Branch banking officer, Fatima
Zehra.
The main focus of the talks was on setting up direct
correspondent banking relations between financial institutions of
the two countries, aimed at simplifying settlement mechanisms and
facilitating joint economic projects.
The sides noted that the development of direct interbank ties
would serve as an important driver for improving the business
environment and boosting investment activity.
Particular attention was also paid to enhancing financial
infrastructure to support bilateral trade between Turkmenistan and
Pakistan.
