Pakistan proposes currency swap agreement to Turkey

20:18, October 13, 2010      

Email | Print | Subscribe | Comments | Forum 

Pakistani President Asif Ali Zardari Wednesday suggested to the visiting Turkish Prime Minister Recep Tayyip Erdogan a currency swap agreement between Pakistan and Turkey to facilitate business, trade and commerce, Presidential spokesman said.

Erdogan said that the Turkish government would consider the proposal of Currency Swap Agreement, spokesman Farhatullah Babar said after the meeting.

Briefing media Spokesperson to the President Mr. Farhatullah Babar said that the president, during the meeting, reiterated the proposal of upgradation of railway line between the two countries and urged the Turkish Prime Minister to seriously consider the proposal.

He said that Pakistan was eager to further enhance mutual cooperation between the two countries for taking maximum advantage of the existing potential of the two countries and to fully translate their equation into a strategic partnership.

He said that railway line upgradation project between the two countries was one such step for not only speedy transportation of the cargo but would also open new vistas of opportunities for the people and would contribute towards economic development.

Discussing regional situation, Zardari said that Turkey has an important role to play for not only bringing in socio-economic development in the region but also for the stability of the region. He said that regional issues can be best addressed by regional powers and finding indigenous solutions.

Erdogan said that Turkey would continue to support Pakistan and its people at every critical occasion and would actively participate in the reconstruction and rehabilitation phase for the flood affectees.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion