PID

PR No. 158 BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION FINANCE MINISTER ISHAQ DAR Islamabad

Addressing the special session of the Belt and Road Forum on the theme of Financial Connectivity, Finance Minister Senator Mohammad Ishaq Dar said here Sunday that the One Belt One Road (OBOR) initiative has the potential to create the world’s largest platform for economic cooperation, financial integration, trade and the integration of markets. The Minister was speaking as a panelist along with Finance Ministers of UK and Hungary, says a Press Release received from Beijing here today.

He added that OBOR provides a unique opportunity to connect countries and achieve higher growth in the region.

The Minister went on to say that regional connectivity, along with economic and financial integration, is the way forward for a prosperous future for the Asian region, and for better access to regional and global markets for Pakistan. We are actively engaged and investing in such initiatives, including OBOR and the Central Asia Regional Economic Cooperation (CAREC). Prime Minister Nawaz Sharif views regional connectivity projects as a top priority for the betterment of Pakistan and the region, the Minister remarked.

Ishaq Dar said that a strong and efficient financial system will serve as the backbone for the success of OBOR. Given the diversity of economic

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