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Finance Minister Meets JBIC Governor to Boost Economic Cooperation

Finance Minister Meets Governor of Japan Bank for International Cooperation; Discusses Strengthening Economic Cooperation

Washington D.C :-  Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with  Nobumitsu Hayashi, Governor of the Japan Bank for International Cooperation (JBIC), in Washington D.C.

The Minister appreciated JBIC’s formal commitment to join the Reko Diq lender group, noting that this would send a strong and positive signal to Japanese businesses regarding investment opportunities in Pakistan.

He also welcomed the recent Staff Level Agreement (SLA) reached with the International Monetary Fund (IMF) and the rating upgrades by international agencies, terming them as external validation of the government’s domestic reform agenda.

Senator Aurangzeb reaffirmed that the government attaches high importance to ensuring the security and confidence of foreign investors. He also emphasized the need to explore further avenues of bilateral cooperation between Pakistan and Japan.

Field Correspondent Sohail Majeed
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Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.