ISLAMABAD -- Pakistan has sought China's support to secure its membership in the BRICS-backed New Development Bank (NDB) in a bid to diversify its credit options, while one of the bank's founding members, India, is expected to oppose Islamabad's participation.
International relations
Pakistan seeks China support to join BRICS bank amid likely India objection
Membership of Shanghai-based lender requires approval from four of five founder countries
The New Development Bank's headquarters in Shanghai. Experts believe China will support Pakistan's application to join the BRICS bank despite funding setbacks over Belt and Road projects in the country. (Nikkei montage/Source photos by Reuters)
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