Senator Mohammad Ishaq Dar, Minister for Finance, Revenue and Economic Affairs
held a meeting with Mr. Takehiko Nakao, President ADB here. Various matters
related to ADB financed development
projects in different sectors came under discussion.
Finance Minister appreciated ADB's support
to the CAREC initiative which was helping to bring the member countries closer
through cooperation in areas like trade and transportation. He said that
regional connectivity was extremely important for the member countries of CAREC
as this region has lacked regional trade and cooperation in the past compared
to other regions in the world. He said that ADB's support to CAREC Institute
was also commendable and hoped that the Institute will play its due role in devising innovative solutions for regional
development issues.
Mr. Nakao thanked the Minister for his
continued encouragement for ADB supported initiatives in Pakistan and assured
to further enhance the level of cooperation in the years to come. He said that
ADB would continue to lend financial and technical support to the CAREC member
countries wishing to enhance regional cooperation. He said that there was
immense potential for regional connectivity projects in the CAREC region.
Finance Minister and President
ADB also discussed matters related to various on-going ADB funded projects in
Pakistan as well those in the pipeline.
