PM Shahbaz Sharif meets Chairman CEXIM, discusses Bank’s possible role in financing Pakistan-China joint venture projects

Government of PakistanPM Shahbaz Sharif meets Chairman CEXIM, discusses Bank’s possible role in financing...

BEIJING, Pakistan: Prime Minister Shahbaz Sharif met the Chairman of China Export-Import Bank (EXIM) Dr. Wu Fulin in Beijing on Thursday.

During the meeting, the prime minister highlighted the reform agenda of the government of Pakistan with its focus on governance, taxation, and ease of doing business to attract the Foreign Direct Investment (FDI).


The prime minister said that the reform measures had already started to yield results as food inflation had been successfully tapered, current account deficit (CAD) reduced and public debt brought down to a more sustainable level.

Shahbaz Sharif appreciated the EXIM bank’s continued support for the modernization of industries, agriculture and IT sectors of Pakistan.

Furthermore, he also discussed possible role of the CEXIM bank in financing Pakistan-China joint venture projects and trade financing as part of efforts to boost Pakistan’s exports to international markets.

The Chairman of EXIM Bank underscored the critical role of economic and financial cooperation under CPEC phase II and CEXIM bank’s strategic partnership with Pakistan and support to advance sustainable development under the concept of ‘shared prosperity’.

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