Pakistan’s Panda Bonds: Strengthening Economic Ties

Pakistan will issue #PandaBonds by June 2025 to raise $200 million from Chinese investors, as announced by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. Speaking to TVB (Television Broadcasts Limited), he stated that this initiative is part of Pakistan’s broader strategy to access #China’s capital markets and strengthen economic ties with one of the largest global economies.

“This initiative will help stabilize our #Balance of payments while encouraging Chinese investors to explore opportunities in Pakistan,” he said. The bonds are expected to boost Pakistan’s financial growth and serve as a platform for deeper economic collaboration with China.

The minister highlighted the critical role of the second phase of the China Pakistan Economic Corridor (#CPEC 2.0), a key project under the Belt and Road Initiative. “CPEC 2.0 will attract more #ChineseInvestment and create opportunities for growth and development,” Aurangzeb added.

He also invited Hong Kong Trade and Hong Kong Trade Development Council to send delegations to explore potential trade and financial ventures in Pakistan. According to Aurangzeb, Hong Kong could act as a bridge for joint ventures between #Chinese and #Pakistani companies.

Pakistan remains committed to fostering economic cooperation with Hong Kong and China, emphasizing sectors like #Infrastructure, #Trade, and #Investment as areas of collaboration.