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SBP issues 70 Rupees Coin to Honour Pak-China Relationship

State Bank of Pakistan (SBP) on Thursday issued Rs70 coin to commemorate the diplomatic relationship between Pakistan and China that were established on May 21, 1951.

To mark the occasion of 70th anniversary of Pakistan-China Diplomatic relations, the government of Pakistan decided to issue a commemorative coin of Rs.70.

The SBP launched the commemorative coin in an event held in Islamabad. Foreign Minister Makhdoom Shah Mahmood Qureshi was the as chief guest of the event. It was also attended by NongRong, Ambassador of China as the Guest of Honor.

In his welcome address, the Governor State Bank of Pakistan (SBP) Dr. Reza Baqir thanked both the foreign Minister Makhdom Shah Mahmood Qureshi and the Ambassador of China NongRong for their participation in the event.

He said that it is an honor for State Bank to be part of the tribute being paid by the Government of Pakistan by issuing this commemorative coin to celebrate the diplomatic relationship of the two countries.

He added that both China and Pakistan are cooperating with each other on various fronts for the common good of people of the brotherly countries. He recalled that SBP had issued commemorative coins on founding anniversary of People’s Republic of China, establishment of diplomatic relations between the two countries and on the occasion to mark Pakistan-China Year of Friendship.

Foreign Minister Shah Mahmood Qureshi in his address termed the friendship between Pakistan and China a role model for the rest of the world.

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