Currency swap: President stresses swift progress
Zardari emphasises the need for early finalisation of a currency swap agreement with China.
ISLAMABAD:
President Asif Ali Zardari has emphasised the need for early finalisation of a currency swap agreement with China, saying such arrangements should also be made with Turkey and Sri Lanka to promote trade.
He was speaking during a meeting at the President’s House on Thursday. Briefing the media, the president’s spokesperson Farhatullah Babar said that State Bank Governor Shahid Kardar gave a briefing on progress made so far on currency swap arrangements with China.
Talking about Turkey and Sri Lanka, he said that Turkey has responded positively to such arrangement, adding that a Pakistani delegation recently visited Sri Lanka and held meetings with the State Bank of Sri Lanka governor.
Published in The Express Tribune, March 11th, 2011.
President Asif Ali Zardari has emphasised the need for early finalisation of a currency swap agreement with China, saying such arrangements should also be made with Turkey and Sri Lanka to promote trade.
He was speaking during a meeting at the President’s House on Thursday. Briefing the media, the president’s spokesperson Farhatullah Babar said that State Bank Governor Shahid Kardar gave a briefing on progress made so far on currency swap arrangements with China.
Talking about Turkey and Sri Lanka, he said that Turkey has responded positively to such arrangement, adding that a Pakistani delegation recently visited Sri Lanka and held meetings with the State Bank of Sri Lanka governor.
Published in The Express Tribune, March 11th, 2011.