Pakistan inks $551mn loan agreement with Islamic Trade Finance for Oil, LNG import

Posted In: News Date:Apr 23rd, 2019

ISLAMABAD: The Economic Affairs Division here on Monday signed a trade financing facility amounting to $551 million with the International Islamic Trade Finance Corporation (ITCF) for import of oil and liquefied natural gas (LNG).

According to a statement issued from the ministry, the signing ceremony was held in Islamabad today, which was also witnessed by Advisor to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh.

On the occasion, Dr. Abdul Hafeez Shaikh thanked and appreciated ITFC support for Pakistan.