Manama:Khalid Humaidan, Governor of the Central Bank of Bahrain, chaired a joint meeting of the Gulf Cooperation Council (GCC) Central Bank Governors and the Governor of the People's Bank of China. This event took place during the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, aligning with Bahrain's presidency of the 46th Session of the GCC.
According to Bahrain News Agency, Jasem Mohammed Al Budaiwi, Secretary General of the GCC, and Pan Gongsheng, Governor of the People's Bank of China, also attended the meeting. The discussions focused on strengthening financial and economic ties between GCC member states and China, emphasizing the potential for innovation and sustainable economic growth.
The agenda included topics such as enhancing investment ties, developing payment systems, and exploring further collaboration between GCC central banks and the People's Bank of China. Humaidan noted the significant opportunities digital transformation presents in deepening financial cooperation, particularly in digital payments.