Pakistan’s Finance Minister Muhammad Aurangzeb met his Chinese counterpart in Bangkok to discuss expanding the panda bond program, which is part of a broader $1 billion initiative. The program, approved at RMB 7.2 billion, includes partial guarantees from the Asian Development Bank and Asian Infrastructure Investment. Pakistan issued its first panda bond worth 1.75 billion yuan in May. The meeting focused on future issuances under the program. The panda bond initiative allows Pakistan to raise capital from Chinese investors. The program aims to support infrastructure and economic development. The meeting took place during a bilateral economic dialogue. The finance division confirmed the discussions. The program includes support from international financial institutions. The first panda bond was issued in May 2024. The total program value is RMB 7.2 billion. The program includes guarantees from the ADB and Asian Infrastructure. The meeting was part of ongoing economic cooperation between the two countries. The panda bond is a type of sovereign bond issued in renminbi. The program supports Pakistan’s financial needs. The meeting highlighted continued economic ties between Pakistan and China. The finance minister emphasized the importance of the program. The Chinese counterpart expressed interest in further collaboration. The program is part of broader economic strategies. The panda bond initiative is a key component of bilateral financial cooperation. The meeting took place in Bangkok. The finance division provided details on the discussions. The program includes both domestic and international support. The panda bond allows Pakistan to access Chinese capital markets. The program is designed to enhance financial stability. The meeting reinforced economic partnership between the two nations.