Tensions in global trade to increase importance of bilateral trade: Fin Min
He said that regional, bilateral trades between countries will increase in importance


Islamabad: Federal Finance Minister Senator Muhammad Aurangzeb has said that regional trade and bilateral trade between different countries will increase in importance due to tensions in global trade.
Muhammad Aurangzeb met with Chinese Finance Minister Lan Fuan and requested cooperation from the People’s Bank of China to advance the process of issuing Panda Bonds.
The Finance Minister, in a meeting with his Saudi counterpart, Muhammad Al-Jadaan, expressed gratitude for Saudi Arabia’s long-term support in the journey of economic development, especially assistance in the International Monetary Fund (IMF) program.
Muhammad Aurangzeb also met with Emirati Minister of State for Financial Affairs Muhammad bin Hadi Al-Husseini, in which the need to convert the MoUs into practical agreements was emphasized.
He, while addressing a discussion under the Center for Global Development, said that regional trade and bilateral trade between different countries will increase in importance due to tensions in global trade.
Meanwhile, the Finance Minister also attended the MENAP Finance Ministers and Governors meeting with the Managing Director of the IMF and expressed interest in technical assistance from the IMF for institutional capacity building.
The Finance Minister, in a meeting with the President of the Gates Foundation Global Policy and Advocacy, appealed for continued support for polio eradication.
Tom Cruise dazzles Cannes for ‘Mission: Impossible’ premiere
- 7 hours ago

PSX hits record high as budget optimism boosts market
- 5 hours ago

Govt to provide Wi-Fi at all major railway stations
- 4 hours ago

Best of Tuesday at the NBA combine: Day 1 standouts, what we're hearing, draft buzz
- 5 hours ago
Pak-India clash: Chahat Fateh Ali Khan releases patriotic song
- 3 hours ago

Pakistan warns of swift response to any Indian ceasefire violation
- 3 hours ago

Pakistan offers US zero-tariff trade deal on selected goods
- 4 hours ago
Pakistan demands review of nuclear security in India after radioactive material thefts
- 5 hours ago
Pakistan to observe ‘Day of Gratitude’ in solidarity with armed forces
- an hour ago

Gold loses shine: Prices fall again across Pakistan
- 4 hours ago
India suffered $3bn loss in conflict, says Ishaq Dar
- an hour ago

Trump pressures Apple to invest more in US, not India
- 2 hours ago