Islamabad, January 17, 2016 (PPI-OT): Pakistan’s Federal Minister of Finance and Revenue Senator Mohammad Ishaq Dar met with his Chinese counterpart Finance Minister Lou Jiwei in Beijing today, says a press release received from Beijing here today. The bilateral meeting took place on the sidelines of the Asian Infrastructure Investment Bank inaugural session.
During the meeting, Ishaq Dar congratulated Lou Jiwei on behalf of the people of Pakistan and the Pakistani government led by Prime Minister Nawaz Sharif on the successful take off of the China-led AIIB. The Minister also congratulated Lou Jiwei on being elected as the first Chairman of the AIIB Council.
He said that operationalization of AIIB was historic. AIIB, together with other multilateral development institutions, would not only accelerate the inclusive growth of Asian countries’ economies but will also support the global economic recovery. Finance Minister Ishaq Dar expressed the hope that the economic and financial cooperation between the two sides would further deepen and usher in an era of progress, prosperity and development for both the countries.
Minister Ishaq Dar said that China-Pakistan Economic Corridor was a mega project of great significance particularly for Pakistan and China and generally for the region. He described it as a model of win-win cooperation people in Pakistan would hope to see soon the expected gains from implementation of sustainable development projects of energy and infrastructure. Both the Ministers also discussed the global economic situation. Lou Jiwei expressed gratitude to his counterpart for continued support and cooperation.
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