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Chinese Premier to Visit Pakistan on Oct. 14, Confirms Deputy PM Dar

by Alina Fida
October 1, 2024
in Business, Economy, Main, New, News, Pakistan
Reading Time: 2 mins read
0
Chinese Premier to Visit Pakistan on Oct. 14, Confirms Deputy PM Dar

Chinese Premier to Visit Pakistan on Oct. 14, Confirms Deputy PM Dar

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China’s Premier Li Qiang will embark on a bilateral visit to Pakistan on October 14, Deputy Prime Minister Ishaq Dar announced this week. This visit comes just before the Shanghai Cooperation Organization (SCO) Council of Heads of Government summit, which will take place in Islamabad on October 15-16.

China, a key ally and investor in Pakistan, has pledged over $65 billion to the China-Pakistan Economic Corridor (CPEC), part of the Belt and Road Initiative, aimed at enhancing global infrastructure and connectivity. Premier Li’s visit is expected to further strengthen ties between the two countries and reaffirm China’s commitment to Pakistan’s economic development.

In addition to Premier Li’s visit, Malaysia’s Prime Minister Dato’ Seri Anwar Ibrahim will visit Pakistan from October 2-4 with a high-level delegation to discuss trade, energy, and connectivity.

These high-profile visits underscore Pakistan’s efforts to attract foreign investment and boost its struggling economy. Deputy PM Dar emphasized that these engagements demonstrate Pakistan’s active role on the global stage, refuting any notion of international isolation.

While China remains a steadfast partner, recent security challenges, including attacks on Chinese projects and personnel, have tested the relationship. Pakistan has assured Beijing of enhanced security measures for Chinese citizens working in the country.

These international visits are part of Pakistan’s broader strategy to secure investments and partnerships that will help address the country’s economic challenges, including low foreign reserves and a weakened currency. Prime Minister Shehbaz Sharif has stressed the importance of mutually beneficial partnerships over-reliance on loans.

Tags: latestPakistan

Alina Fida

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