Pakistan to issue first Panda Bond in China this year, FinMin Muhammad Aurangzeb stated as he highlighted key areas for cooperation with China;.
Pakistan’s Finance Minister, Muhammad Aurangzeb, has announced plans to issue the country’s first-ever Panda Bond in the Chinese market within this calendar year.
In an interview, the minister expressed strong support for Pakistan’s entry into China’s vast and dynamic capital market, noting that while the country has previously issued bonds in US dollars and euros, it has yet to tap into China’s financial sector. He remains optimistic that this milestone will be achieved within 2025.
During the discussion, Aurangzeb identified agriculture, artificial intelligence, and technology as key areas with high potential for Chinese investment and collaboration.
He also praised China’s advancements in green projects and environmental sustainability, viewing them as an exemplary model for global progress. He expressed Pakistan’s interest in leveraging China’s expertise in these fields.
The minister highlighted China’s extensive investments in Pakistan’s infrastructure and energy sectors under the Belt and Road Initiative, along with the financial and technical support provided by China.
Regarding Pakistan’s agricultural revival, Aurangzeb emphasized the sector’s role in driving economic growth. He recalled Prime Minister Shehbaz Sharif’s visit to China last summer, where he toured agricultural universities and observed advanced vertical farming techniques in Shaanxi Province.
As part of ongoing cooperation, he announced that around 1,000 Pakistani students and agricultural experts would soon travel to China for training, skill development, and technology transfer under the guidance of Chinese specialists.
He concluded by reaffirming the deep-rooted and sustainable partnership between Pakistan and China, acknowledging China’s continued support for Pakistan’s development.
