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Finance Minister meets Assistant Governor China Development Bank, Afghan Deputy Finance Minister - Press Note issued by Press Information Department

May 7, 2014



Following is the text of press note issued by Press Information Department (PID)

Quote

Finance Minister, Senator Ishaq Dar met the delegates from other countries who are attending 47th Annual Meeting of the Board of Governors of Asian Development Bank at Astana here today.

The Finance Minister, in his meeting with Deputy Minister of Finance of Afghanistan Mr. Mustafa Mastoor, congratulated the Afghan Government on holding of successful and peaceful Presidential elections in Afghanistan.

The Finance Minister raised the issue of CASA 1000 during the meeting and both sides expressed their commitment for resolution of the tariff issue expeditiously. The Finance Minister emphasized the importance of this project for regional integration which would also strengthen the bilateral relationship in the times ahead.

Finance Minister also held a sideline meeting with Mr. Xiaoyu Zhao, Assistant Governor China Development Bank. The Finance Minister appreciated the China Development Bank's role in the formation of the Pak-China Investment Company Limited and also for its interest to invest in Pakistan's infrastructure projects. Assistant Governor, Mr. Zhao, assured the Finance Minister of the Bank's continued interest in the development projects undertaken by the present government.

The Finance Minister, along-with his delegation, held a meeting with Mr. Takehiko Nakao, President Asian Development Bank. The President ADB expressed his confidence in the effective steps taken by present government for revival of Pakistan's economy. He further assured that the ADB will continue to support the present government in its development projects.

The Finance Minister thanked ADB for its support to Pakistan and also extended an invitation to him to visit Pakistan. The President ADB accepted the invitation to visit Pakistan in September 2014. Both sides agreed to finalize the dates and details of the visit soon with mutual consent.

For more information, contact:

Haji Ahmed Malik

Principal Information Officer

Press Information Department (PID)

Tel: +9251 925 2323 and +9251 925 2324

Fax: +9251 925 2325 and +9251 925 2326

Email: piopid@gmail.com

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Source: Pakistan Press International


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