Skip to main content

Islamabad, Beijing ink six MoUs & agreements for promoting ties

Pakistan, China, signed MoU

ISLAMABAD: Pakistan and China have signed six agreements and MOUs for promotion of bilateral cooperation, ARY News reported.

The signing ceremony was witnessed by Prime Minister Shehbaz Sharif and the visiting Chinese Vice Premier He Lifeng in Islamabad on Monday.

Minister for Planning and Development Ahsan Iqbal and the Vice Chairman of National Development and Reforms Commission of People’s Republic of China signed the document on the joint cooperation committee of China Pakistan Economic Corridor (CPEC).

The second document signed by Minister for Planning and Development Ahsan Iqbal and the Vice Chairman of National Development and Reforms Commission of People’s Republic of China was related to the establishment of an experts exchange mechanism within the framework of CPEC.

The third document was signed by the Secretary Ministry of National Food Security Zafar Hassan and the Chinese Charge D’Affaires Pang Chunxue for the export of dried Chillies from Pakistan to China.

Member Planning of National Highway Authority Asim Amin and Chinese Charge D’Affaires Pang Chunxue signed the fourth document on the realignment of Karakoram Highway Phase II project feasibility study.

The two sides also signed through diplomatic channels the MOU on Industrial Workers’ Exchange Program. The two sides agreed to promote the strategic ML-1 project.

Speaking on the occasion, Prime Minister Shehbaz Sharif said the documents signed today are aimed at further enhancing economic relations between Pakistan and China.

The Prime Minister said under the CPEC, more than twenty-five billion dollars’ worth of investment has taken place in Pakistan’s power and hydel sector, road infrastructure and public transport.

He said we are now entering the second phase of the CPEC which will envisage investments in sectors such as agriculture and information technology.

The Prime Minister said Pakistan is absolutely ready to contribute towards Chinese President Xi Jinping’s vision of shared destiny of progress and prosperity. He said both ML-1 and Karachi circular railway projects are of immense importance, expressing the confidence that both the sides will successfully achieve these and many other projects.

He was confident that this will help Pakistan stand on its own feet. He said we will emulate the Chinese model of development to achieve peace and prosperity in the country.

The Prime Minister said both Pakistan and China enjoy a unique relationship. He said we are all weather friends, iron brothers and this friendship will continue and will not tolerate any obstacles in its way.



from Latest Pakistan News and Breaking News from All over Pakistan https://ift.tt/eE0iaun
Labels:

Comments

Post a Comment

Popular posts from this blog

Rajanpur accident claims five lives, 20 injured

RAJANPUR: At least five people were dead and 20 others sustained injuries when a passenger bus overturned in Punjab’s Rajanpur district, ARY News reported on Sunday.  As per details, the ill-fated passenger bus was going to Jacobabad from Sakhi Sarwar with pilgrims, when it met an accident in Fazilpur, Rajanpur. The rescue sources confirmed that at least five persons were dead on the spot, while 20 others sustained injuries. Rescue teams reached the spot after being informed and shifted the dead and injured to a nearby medical facility. Read more:  Six dead, 30 injured in bus accident in Khanewal Earlier on May 31, at least six people had been killed while 30 others were injured when the passenger bus they were travelling in had turned turtle after skidding off a bridge in Khanewal. According to rescue officials, the incident had taken place near Pull Rango. They had said the ill-fated bus was on its way from Lahore to Multan when it had met an accident. The driver of the vehic
Post a Comment
Read more

Minor boy raped, murdered by uncle in Bannu

BANNU: In yet another incident of sexual assault, a four-year-old boy was allegedly raped and later killed in the Bannu District of Khyber Pakhtunkhwa, ARY News reported on Sunday. According to police, the incident took place at Jaman Road in Bannu city where a four-year-old boy was raped and killed by her maternal uncle. The suspect has been taken into custody and is currently being interrogated, said police. Meanwhile, the body of the deceased child has been shifted to a hospital, the police said. Read more:  Layyah gang rape: Police arrest two nominated suspects Previously, a girl was allegedly raped by an armed man in a village within the jurisdiction of Saddar police station in Punjab’s Layyah district. Police said the accused, identified as Shahid barged into the house of the victim and raped her at gunpoint. A case has been registered against the accused. from Latest Pakistan News Breaking News from All over Pakistan - ARY News https://ift.tt/o0h5nLT
Post a Comment
Read more

Pakistan agrees to IMFs demands for revival of loan programme

ISLAMABAD: Pakistan has hinted at addressing the concerns put forward by the International Monetary Fund (IMF) in the federal budget for FY2023-24, ARY News reported, citing sources.  Pakistan’s efforts are underway to restore the stalled loan programme with the IMF and the breakthrough is likely within two days.  According to sources, Pakistan has decided to address the IMF’s concerns in the budget. Sources claimed that Pakistan has started changes upon the demands of the IMF and changes are being made in the budget speech. Pakistan has once again provided working to the IMF on $6 billion in external financing. Sources say the IMF’s demand for collecting more than Rs215 billion from the people has been accepted by the federal government. Read more: SBP lifts all restrictions on imports to fulfil IMF condition The IMF has asked Pakistan to abolish subsidies for the textile sector and increase electricity tariffs, the sources said.  According to sources, the IMF had also demande
Post a Comment
Read more