Bank of China start operations in Pakistan


-Tele-Visual Infolink

 ISLAMABAD: President Mamnoon Hussain on Tuesday said China had emerged as a major investor and partner for Pakistan with great prospects of materializing the possibilities of development in both countries.

Addressing at the inauguration ceremony of launch of Bank of China’s operations in Pakistan, the President said it would become a source of taking this historic friendship to new heights by strengthening the already existing deep relations between the two “iron brothers”.

The President said the launch of Bank of China was a memorable event in the everlasting friendship between Pakistan and China which was also a manifestation of this historical fact that the shared dream of two countries would soon be realized.

He said in the context of business environment in Pakistan, the opening of Bank of China indicated that the benefits of China Pakistan Economic Corridor (CPEC) would soon start reaching the masses.

He expressed confidence that the sincere relationship between the two countries would further grow in the coming days and the start of operations by Bank of China in Pakistan would further speed up the pace of trade and economic cooperation between the two countries.

Dr. Li Tao, Chief Executive Officer, Bank of China, Pakistan Chapter and other Chinese and Pakistani banking experts were present. —APP