US delegation meets Railways Minister

ISLAMABAD—A three-member delegation of United States Export-Import Bank (Exim) headed by President James Lambright met Federal Minister for Railways, Main Shamim Haidar here Friday.
During the meeting, matters of mutual interest and enhancement of railways sectors' cooperation came under discussion.
The Minister briefed the delegation about the on-going projects of Pakistan Railways.
He said, "We are committed to provide a better and fastest transport facility to Railways customers". Shamim Haidar termed their visit a step forward in enhancing the existing ties between both the countries.
James Lambright appreciated the policies of Pakistan Railways and showed keen interest to enhance cooperation between the two countries. He also offered ten-year loan with 3/4 percent mark up to Pakistan Railways for purchasing latest engines, coaches and other necessary tools.
The Minister informed that China and Japan have already offered loan on soften terms. However, he underlined the need for getting loan on further decreased mark ups. Secretary Railways, Shakeel Durrani was also present on the occasion.—APP