Sri Lanka, Pakistan and Bangladesh sign ‘landmark’ capital market agreement
- CNL Reporter
- March 31, 2025
- News
- Pakistan and Bangladesh, Sri Lanka
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The Dhaka Stock Exchange (DSE), Pakistan Stock Exchange (PSX) and Colombo Stock Exchange (CSE) have signed a tripartite Memorandum of Understanding (MoU) on Thursday (27 March) in a “landmark move” to strengthen regional capital market cooperation.
The agreement seeks to create an exchange forum to facilitate technology development and sharing, human resource sharing, product development, regulatory collaboration, investor protection, and knowledge exchange across the three markets, reads a press statement issued by the DSE.
The MoU signing ceremony held in Colombo was attended by DSE Chairman Mominul Islam, Colombo Stock Exchange Chairman Dilshan Wirasekara, Securities and Exchange Commission of Pakistan Chairman Akif Saeed, along with directors and senior officials of the institutions.
Commenting on this initiative, DSE Chairman Mominul said, “Due to their small size, stock exchanges in South Asia, except India, have technical and procedural limitations. Due to resource constraints, these highly promising stock exchanges are failing to achieve their desired capabilities.
