Finance Minister Ishaq Dar has said that Pakistan and China have expanded the economic dimension of their relationship as a key priority.
In an interview with CCTV News, he said the China-Pakistan Economic Corridor was a flagship initiative in this regard which would speed up economic cooperation and connectivity.
He said they had several institutional mechanisms in place such as Pakistan-China Free Trade Agreement and the Pakistan Joint Economic Committee as well which would boost trade and investment in the years to come.
Ishaq Dar said two countries had upgraded their strategic partnership to an All-Weather Strategic Cooperative Partnership, formalised in the joint statement issued during the visit of Chinese President Xi Jinping’s to Pakistan.
Highlighting the significance of Asian Infrastructure and Investment Bank, the minister said the bank would provide financing support to developing countries in Asia, including Pakistan, for infrastructure development in order to promote regional connectivity.
