ADB to Fund Pakistan Border Trade Upgrade, Boosting Regional Connectivity

The Asian Development Bank (ADB) is expected to approve a border connectivity and logistics upgrade facility for Pakistan in the coming weeks. This initiative aims to modernize Pakistan’s border infrastructure and significantly enhance regional trade and connectivity, as stated by the CAREC Secretariat. Pakistan remains an active participant in the Regional Trade and Investment Facilitation Partnership framework, which is now entering its operational phase. Improved trade infrastructure and regional integration could positively impact Pakistan's economic outlook and potentially stabilize the PKR against the USD.

بحوالہ / Source: www.dawn.com