PM Shehbaz Sharif discusses trade financing with EXIM Bank's Chairman

MG News | June 06, 2024 at 03:28 PM GMT+05:00

0:00

June 06, 2024 (MLN): Prime Minister Muhammad Shehbaz Sharif met with Dr. Wu Fulin, Chairman of the China Export-Import Bank (EXIM), in Beijing today to discuss the potential role of the bank in financing Pakistan-China joint venture projects and trade financing to boost Pakistan’s exports to international markets.

Prime Minister highlighted the reform agenda of the Government of Pakistan, with its focus on governance, taxation, and ease of doing business to attract Foreign Direct Investment (FDI).

He said that the reform measures had already started to yield results as food inflation had been successfully tapered, current account deficit reduced and public debt brought down to a more sustainable level.

The Prime Minister appreciated the EXIM bank’s continued support for the modernization of industries, agriculture and IT sectors of Pakistan.

The Chairman of EXIM Bank underscored the critical role of economic and financial cooperation under CPEC phase II and CEXIM bank’s strategic partnership with Pakistan and support to advance sustainable development under the concept of ‘shared prosperity’.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	160,757.49 166.55M	-0.33% -524.28
ALLSHR	97,711.98 439.31M	-0.26% -258.38
KSE30	48,728.12 60.01M	-0.54% -266.84
KMI30	230,594.66 39.46M	-0.37% -853.48
KMIALLSHR	63,719.52 214.35M	-0.27% -169.53
BKTi	44,840.42 19.61M	-0.44% -197.31
OGTi	31,078.87 4.19M	0.17% 53.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	102,430.00	102,705.00 99,285.00	1400.00 1.39%
BRENT CRUDE	64.45	64.60 63.90	0.01 0.02%
RICHARDS BAY COAL MONTHLY	87.00	87.00 86.50	1.30 1.52%
ROTTERDAM COAL MONTHLY	97.30	97.75 97.10	1.05 1.09%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.57	60.71 60.01	0.01 0.02%
SUGAR #11 WORLD	14.21	14.72 14.13	-0.44 -3.00%