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Governor SBP urges promotion of trade between Pakistan, Iran

Governor State Bank of Pakistan Ashraf Wathra stressed the enhancement of trade relation between Iran and Pakistan, after signing of an agreement with Iranian central bank.

Addressing a ceremony, held at Lahore Chamber of Commerce, Governor SBP said that the agreement with Iran would help Iranian importers to receive their claims from SBP and central bank Iran.

He further said that black marketing and mark-up have been reduced while law regarding credit bureau has already been approved that will assist to smooth provision of credit.

Talking on the occasion president of Lahore Chamber of Commerce Abdul Basit demanded the access to security exchange of commission and land record management information system to banks.