Nation to play vital role in economic development of CAREC area: Dar

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ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar on Sunday chaired a meeting to Review preparations for 15th Ministerial Conference of Central Asia Regional Economic Cooperation (CAREC) meeting to be held on October 26.

The Finance Minister was briefed about arrangements for the conference and receiving foreign dignitaries. The Minister said that conference will play vital role in the economic development of the CAREC area. The CAREC will begin an era of economic cooperation and integration of the CAREC area.

The Economic Affairs Division in collaboration with the Asian Development (ADB) will host 15th Ministerial Conference of Central Asia Regional Economic Cooperation (CAREC) countries (Afghanistan, Azerbaijan, China, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, Uzbekistan and Georgia as an observer) on 26th October, 2016 at Islamabad.

Approximately, 200 participants from 10 member countries and multilateral development partners will attend the events. The MD-IMF and president ADB will be also participating in the event.

The meeting looked into arrangements made for the visits of dignitaries that will be participating in the event. The meeting explored ways to make the visits and conference productive and meaningful.

The meeting was attended by senior officials of the Ministry of Finance, and State Bank.