May 05, 2023
A trade delegation from the city of Brampton, Canada, visited Pakistan Stock Exchange to discuss, among other subjects, the potential for capital market cooperation between PSX & Canadian stock exchanges as well as how Pakistani companies can access North American investors through co-listing on North American exchanges.
The Trade Mission from Brampton was headed by the Mayor, Mr. Patrick Brown; Councillor, Mr. Rodney Power, and Director of Economic Development, Ms. Clare Barnett, among others. PSX was represented by Chairperson PSX, Dr. Shamshad Akhtar; CEO PSX, Mr. Farrukh Khan, and Director PSX, Mr. Nadeem Naqvi, along with members of senior management of the Exchange.
The two sides held a fruitful discussion on various topics of mutual interest including the overall economic outlook and the related role being played by PSX for capital formation. The Brampton Trade Mission also shared the economic outlook of their city with their hosts in the meeting. Furthermore, both the teams discussed the potential for mutual cooperation for exchanges of the two countries, what investment opportunities there are in PSX for Pakistanis settled in Canada, and the GEM Board. The overall global economic situation as well as country specific economic situation particular to Pakistan and Canada were also discussed. Both the sides explored potential opportunities for business. The Brampton delegation also apprised the PSX team that Pakistani entrepreneurs are playing a constructive role in business and industry in their city.
The meeting concluded with exchange of thanks between both the sides. The visiting delegation from Canada appreciated the efforts of PSX in contributing positively to the national economy while the PSX team expressed the hope for continuation of such meetings in future as well.