PR No. 39 Finance Minister meets President, ADB Urumqi: September 8, 2017


Senator Mohammad Ishaq Dar, Minister for Finance, Revenue and Economic Affairs held a meeting with Mr. Takehiko Nakao, President ADB here. Various matters related to  ADB financed development projects in different sectors came under discussion.

Finance Minister appreciated ADB’s support to the CAREC initiative which was helping to bring the member countries closer through cooperation in areas like trade and transportation. He said that regional connectivity was extremely important for the member countries of CAREC as this region has lacked regional trade and cooperation in the past compared to other regions in the world. He said that ADB’s support to CAREC Institute was also commendable and hoped that the Institute will play its due role in devising innovative solutions for regional development issues.

Mr. Nakao thanked the Minister for his continued encouragement for ADB supported initiatives in Pakistan and assured to further enhance the level of cooperation in the years to come. He said that ADB would continue to lend financial and technical support to the CAREC member countries wishing to enhance regional cooperation. He said that there was immense potential for regional connectivity projects in the CAREC region.


Finance Minister and President ADB also discussed matters related to various on-going ADB funded projects in Pakistan as well those in the pipeline.



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