CAREC meeting to be held in Islamabad next month

Islamabad

Werner Leipach, Asian Development Bank (ADB) head in Pakistan called on Minister for Finance Senator Muhammad Ishaq Dar on Wednesday and discussed agenda of next Central Asia Regional Economic Cooperation (CAREC) meeting scheduled to be held in Islamabad on October 25-26, 2016.

The minister welcomed the guest and discussed with him the agenda for the upcoming CAREC Ministerial Conference to be held in Islamabad next month.

Werner Leipach apprised the Minister about the preparations made so far by the ADB for the upcoming CAREC conference and expressed hope that the conference will meet its objectives successfully with the participation of a large number of CAREC members.

During the meeting discussion to review the ADB portfolio for Pakistan also took place. The minister said that ADB had been a long standing development partner for Pakistan and that the cooperation will continue in future also for the development of the country and its people and that after the CAREC Conference will bring new opportunities for regional infrastructure development and trade facilitation.

The meeting was attended by senior officials of Ministry of Finance and Economic Affairs Division.