Dar meets Chinese president

Published October 27, 2014
BEIJING: Finance Minister Ishaq Dar leads Pakistani delegation during a meeting with a Chinese team headed by Jiang Jianqing, Chairman of Industrial and Commercial Bank of China, on Sunday.—APP
BEIJING: Finance Minister Ishaq Dar leads Pakistani delegation during a meeting with a Chinese team headed by Jiang Jianqing, Chairman of Industrial and Commercial Bank of China, on Sunday.—APP

ISLAMABAD: Minister for Finance Mohammad Ishaq Dar and representatives of other countries who signed the Memorandum of Understanding on establishment of Asian Infrastructure Investment Bank (AIIB) had a meeting with Chinese President Xi Jinping in Beijing.

President Xi renewed his commitment on bilateral ties and said he looked forward to visiting Pakistan, said a statement issued by the Finance Ministry here on Sunday.

He felicitated Mr Dar and representatives of other countries on signing the MoU and said it reflected all the parties’ aspiration, deter­­mination and action for unity and cooperation in pursuit of common development.

Know more: Pak-China Investment Company to be revived

Mr Xi said he hoped all sides concerned would make concerted efforts to make the AIIB a financing platform of infrastructure construction featuring equality, inclusiveness and high efficiency. He expressed the desire to make the AIIB a multilateral development bank that meets the demand of all countries in the region.

Mr Dar congratulated the Chinese president on signing of the MoU and added that the government and people of Pakistan eagerly looked forward to his visit.

In Pakistan, he said, the need for developing new infrastructure was immense, adding they were happy that the bank would provide financing support for meeting infrastructure deficits in different Asian countries and help improve connectivity within the region.

He conveyed to the Chinese president and the people of China the best wishes of the Pakistani leadership and people. Mr Dar also had a meeting with Jiang Jianqing, Chairman of Industrial and Commercial Bank of China.

Published in Dawn, October 27th, 2014

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.