BEIJING: Pakistan signed the Articles of Association of 57-member Asian Infrastructure Investment Bank (AIIB) in Beijing on Monday.
Finance Minister Muhammad Ishaq Dar singed the document.
On this occasion, Ishaq Dar said Pakistan believes that the Bank will be an important platform to convert abundant savings available in the region into investment. It will help regional economies achieve sustainable and rapid development.
He said China-Pakistan Economic Corridor mega project involves a cluster of communications infrastructure and power generation projects. It will provide an integrating platform for over three billion people in Central, West and South Asia, the Middle East and Africa Regions.
Earlier, during his meeting with Chinese President Xi Jinping, Ishaq Dar extended warm wishes of President Mamnoon Hussain and Prime Minister Muhammad Nawaz Sharif. He also congratulated the Chinese President on the wonderful idea of AIIB.