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Pakistan approves $582M investment in BRICS bank, supports infrastructure and sustainable development.
Pakistan's Cabinet committee has approved a $582 million investment in the New Development Bank (NDB), a multilateral bank established by BRICS countries, aiming to support infrastructure and sustainable development in emerging markets.
The committee also backed the creation of an International Joint Trading Company in Singapore between Pakistan State Oil and Azerbaijan's State Oil Company, and updated import regulations to include new mandatory standards for certain products.
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Pakistán aprueba la inversión de 582 millones de dólares en el banco BRICS, apoya la infraestructura y el desarrollo sostenible.