A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.
Discuss some of the challenges you may face in this new environment.
What are the cultural, ethnic, social, and educational characteristics?
Describe the political and legal systems.
How much does the government intervene in the private sector?
How will that affect your financial institution?
What type of economic system does it have?
What is the history of that economic system?
How is the country involved in international trade?
How does the government get involved in trade issues?
Will that help or hurt your financial institution?
reed, that to provide some fairly old mountain howitzers to India for use against the Chinese invasion. An aircraft containing the first consignment of Turkish arms for India was already waiting at Ankara airport when the Pakistani ambassador to Turkey conveyed his government’s protest to the Turkish Foreign Minister (Ahmad, 1981). In October 1966, The Turkish Foreign Minister made an impassioned plea before the UN General Assembly for an early solution of the Kashmir problem in the light of the Security Council resolutions (Ali, 2001). In February 1999 Lahore Peace Process started between Pakistan and India , the then Turkish Government supported the Peace Process and their Foreign Ministry declared this peace process as the most appropriate ground to solve the major disputes between Pakistan and India.(Sheikh, 2004). Pakistan Support over Cyprus Issue In 1954 and in 1957, Pakistan supported the cause of Turkish Cypriots in the UN General Assembly and urged the world body to fulfill the legitimate aspiration of the Turkish Cypriots. In 1959 the Pakistan delegation at the UN urged the world body for the fulfillment of the human rights and the legitimate aspirations of the Turkish Cypriots. Cypriots achieved independence in 1960, under the Treaty of Zurich, signed by the Turkey, Greece and the UK. The constitution provided the Turkish minorities with broad rights in communal affairs and absolute veto on important governmental matters. When proposed certain constitutional changes by the President of Cyprus troubled the situation of the Turkish community’s guaranteed rights and the issue was again referred to the UN Security Council. Pakistan showed here full support of the Turkish government in United Nations in 1963 when Pakistani Foreign Minister Mr Zulfiqar Ali Bhutto attended a session in UN General assembly and in his address he showed the full commitment and concern of the Pakistan government and her people for their Turkish brethren. He showed hope to maintained that agreements settled the problem of Cyprus must be respected as international commitments and assured that Pakistan will extend full cooperation to Turkey in her moment of crises. In July 1964, President Ayub khan visited turkey. The Pakistani Pr>GET ANSWER