Foreign Secretary Asad Majeed Khan reaches China
ISLAMABAD: Foreign Secretary Dr Asad Majeed Khan has reached China the place he’ll cling a gathering with the Chinese Foreign Minister Qin Gang, mentioning resources, ARY News reported.
Foreign Secretary Dr Asad Majeed Khan paid a talk over with to China the place he’ll cling discussions with the Chinese management concerning the monetary troubles to Pakistan.
Khan will meet the Chinese Foreign Minister Qin Gang on Friday (these days). Both nations may also cling political dialogues which will likely be collectively chaired via Dr Khan and the Chinese Vice Foreign Minister Sun Weidong.
READ: ANOTHER $500M FROM CHINESE BANK TO BE RECEIVED SOON: ISHAQ DAR
On Thursday, Finance Minister Ishaq Dar stated that the Ministry of Finance has finished documentation for the second one disbursement of $500 million from the Industrial and Commercial Bank of China (ICBC).
“Out of Chinese ICBC’s approved rollover facility of US$1.3 billion (which was earlier repaid by Pakistan to ICBC in recent months), documentation for second disbursement of US$500 million has been completed by Finance Ministry for release of funds to the State Bank of Pakistan,” he stated in a tweet.
Earlier this month, Pakistan won $500 million from the Industrial and Commercial Bank of China Ltd (ICBC).
The pleasant nation has prolonged the tranche after Islamabad fulfilled virtually all of the tricky prerequisites for the revival of the IMF mortgage programme.