Federal Minister for Finance Senator Muhammad Aurangzeb met with China’s Vice Minister of Finance to discuss ways to further strengthen economic ties between the two countries. The meeting focused on evaluating prospects for bilateral cooperation and economic reforms.

During the discussion, Aurangzeb informed his Chinese counterpart about Pakistan’s recent staff-level agreement with the International Monetary Fund (IMF), highlighting the significance of the agreement. He emphasised that Pakistan’s economic policies are gaining increasing trust and validation from the international community.

The Pakistani finance minister also shared updates on the issuance of Panda Bonds in the Chinese market. He requested China’s support for Pakistan’s membership in the New Development Bank, aiming to deepen financial and economic collaboration.

Encouraging Chinese investment in Pakistan, Aurangzeb welcomed growing interest in sectors like information and communication technology (ICT), agriculture, and minerals. He also extended an invitation to the Chinese Vice Minister to visit Pakistan to further enhance economic cooperation.