Pakistan briefed on CAREC trade, connectivity, ADB infrastructure support

Federal Minister for Commerce Jam Kamal Khan was briefed by a CAREC delegation on key regional initiatives to strengthen trade, connectivity, and economic integration. The Asian Development Bank (ADB) is expected to approve a Border Connectivity and Logistics Upgrade Facility for Pakistan, aiming to modernize border infrastructure and enhance regional trade. Pakistan remains an active participant in the Regional Trade and Investment Facilitation Partnership. These developments could bolster Pakistan's economic stability and trade balance, potentially supporting the PKR in the long term and influencing local gold rates.

بحوالہ / Source: www.brecorder.com