BEST OPPORTUNITIES TO INVEST IN GWADAR

No to Chinese Currency in Gwadar Free Zone

Chinese Currency in Gwadar Free Zone

No to Chinese Currency in Gwadar Free Zone

November 21,2017 0comments

Pakistan has turned down China’s demand to allow its currency to be used in the Gwadar Free Zone under the China-Pakistan Economic Corridor framework, arguing any such move would compromise its ‘economic sovereignty’.

Pakistan conveyed its final position on the use of the foreign currency in its territory to the Chinese authorities during the Senior Officials Meeting (SOM) that was held on Monday in Islamabad, according to officials who were engaged in talks.

The SOM was held a day before the 7th meeting of the Joint Cooperation Committee (JCC) – the highest decision-making body of CPEC.

 

Source: Express Tribune

Comment

Contact Our Admin

UK Office

88-90 Goodmayes Road
Goodmayes, IG3 9UU
United Kingdom

+44 7983804244

Lahore Office

900 C , Faisal Town
Lahore
Pakistan

+92 42 35176611

Gwadar Office

Airport Road
Near Al-Shafa Hospital,
Gwadar

+92 42 35176611