Economic, diplomatic ties between Pakistan and China to reach new heights: Dar

Economic, diplomatic ties between Pakistan and China to reach new heights: Dar

Pakistan

Says country now moving from stability to growth again

ISLAMABAD (Web Desk) - Finance Minister Ishaq Dar has expressed confidence that economic and diplomatic ties between Pakistan and China will touch new heights in the time to come. 

Addressing the opening ceremony of Bank of China, Islamabad branch on Monday, he said China had always supported Pakistan at world forums. 

He said China was Pakistan's time-tested friend. Dar specially thanked China and its financial institutions for extending tremendous financial support to Pakistan during the difficult times. 

The finance minister said Pakistan was largely out of turbulent phase. One of the rating agencies had also upgraded Pakistan. He said the country was now moving from stability to growth again. 

Alluding to the CPEC, the finance minister said work had been fast tracked on the corridor project, expressing confidence that in the years to come, people would see its benefits reaching the common man.

Dar also felicitated the Bank of China for establishing its second branch in Pakistan. He hoped that the RMB would soon become a parallel acceptable currency in the global financial market.