ISLAMABAD: Finance Minister Muhammad Aurangzeb received You Hang, the Chief Representative of China Financial Futures Exchange (CFFEX) in Pakistan, and Director of the Pakistan Stock Exchange (PSX), on Thursday.
The meeting focused on expanding cooperation and exploring new opportunities for strengthening Pakistan’s financial markets and investment landscape.
During the meeting, Finance Minister Muhammad Aurangzeb and Chief Representative You Hang engaged in detailed discussions on different aspects of financial market development, including the potential for collaboration between PSX and CFFEX to promote innovative financial instruments in Pakistan.
Aurangzeb underlined the government’s commitment to implementing reforms aimed at improving the regulatory framework, increasing market transparency, and facilitating the development of a vibrant and resilient financial sector in the country.
He also stressed the role of strategic partnerships with global financial institutions and exchanges, such as CFFEX, in achieving these objectives and advancing Pakistan’s financial market infrastructure.
Chief Representative Hang expressed CFFEX’s keen interest in collaborating with the Pakistan Stock Exchange and other stakeholders to explore opportunities for launching new financial products, sharing technical expertise, and promoting cross-border investment between the two countries.
He reaffirmed CFFEX’s commitment to supporting the development of the financial markets of Pakistan and contributing to the country’s economic prosperity.
PSX Invites Finance Minister
In the end, PSX also extended an invitation to Muhammad Aurangzeb to participate in upcoming financial sector events and visit key financial institutions in Pakistan to have an overview of the financial market dynamics and regulatory environment.
The meeting concluded with both parties agreeing to further explore potential areas of cooperation, facilitate knowledge exchange, and develop actionable strategies to strengthen the financial markets of Pakistan.
