On the momentous occasion of the 10th anniversary of the China-Pakistan Economic Corridor (CPEC), Finance Minister Ishaq Dar led the official inauguration of the Bank of China in Islamabad on Monday. This significant step marks a remarkable milestone in fortifying the economic alliance between China and Pakistan.
During the momentous inauguration ceremony, Minister Dar expressed sincere gratitude to China for their steadfast support during challenging times, which has played a pivotal role in successfully overcoming economic hurdles in Pakistan.
Highlighting positive news about Pakistan’s economy, Minister Dar shared that international rating agencies have elevated Pakistan’s credit rating, a testament to the country’s progress and increasing financial stability. He firmly believes that Pakistan is now on a trajectory of growth, a testament to the concerted efforts made to achieve this outcome.
Looking to the future, Minister Dar expressed hope that the Chinese Yuan will gain broader global acceptance as an alternative currency, further strengthening economic ties between the two nations.
As the 10th anniversary of CPEC is celebrated, it remains a crucial and enduring project that fosters close ties between China and Pakistan, bolstering economic cooperation and regional connectivity. With the establishment of the Bank of China in Islamabad, both countries are poised to capitalize on this strategic partnership, opening new avenues for growth and prosperity for their people.