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Pakistan, and China agree to strengthen high-level engagement further, deepen multiple ties

by Web Desk
October 18, 2023
in Business, Economy, News
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Pakistan, and China agree to strengthen high-level engagement further, deepen multiple ties
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Pakistan and China have affirmed their commitment to strengthen their high-level dialogue and broaden their bilateral cooperation in various fields. This agreement came during a bilateral meeting between Caretaker Prime Minister Anwaarul Kakar and Chinese Premier Li Qiang at the Third Belt and Road Forum (BRF) in Beijing.

Accompanied by their respective ministers and senior officials, the two leaders emphasized the enduring and robust friendship between Pakistan and China. Prime Minister Kakar congratulated the Chinese leadership on the successful organization of the Third Belt and Road Forum (BRF).

Recognizing the global significance of the Belt and Road Initiative (BRI) in terms of connectivity and shared prosperity, Prime Minister Kakar spoke about its immense importance. They discussed their collaboration within the framework of the China-Pakistan Economic Corridor (CPEC) and explored opportunities to deepen economic ties.

Prime Minister Kakar underscored the crucial role of CPEC in Pakistan’s economy and expressed satisfaction in its expansion into various development areas, including industrial projects, livelihood initiatives, ICT, mining, mineral exploration, and agriculture. He also expressed confidence that Chinese investments in Special Economic Zones (SEZs) would diversify Pakistan’s exports and expand its industrial capacity.

Premier Li Qiang acknowledged the steady growth in bilateral cooperation and the positive momentum of CPEC projects. He expressed hope that the consensus at the leadership level would further enhance trade and economic relations between the two nations.

During the meeting, several Memoranda of Understanding (MoUs) and agreements were signed in various areas, including commerce, communication, and transport, encompassing food security, research, media exchanges, space cooperation, urban sustainable development, capacity building, mineral development, industrial cooperation, climate change, and vaccine development.

Tags: Caretaker Prime Minister Anwaarul KakarChinaPakistanThird Belt and Road Forum (BRF)
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