$4.5bn deal signed with ITFC to finance oil, fertiliser import - Newspaper
The new framework agreement will “provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea”. — Reuters/File ISLAMABAD: Pakistan and the International Islamic Trade Finance Corporation (ITFC) — a subsidiary of the Islamic Development Bank — on Monday signed a $4.5 billion new framework agreement to finance oil, LNG and fertiliser imports over the next three years (2021-23). The new framework agreement will “provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG ...