Pakistan and China reaffirm commitment to CPEC for socio-economic development
During a meeting between Chinese Vice Premier He Lifeng and Prime Minister Shehbaz Sharif in Islamabad, Pakistan and China reaffirmed the importance of the China-Pakistan Economic Corridor (CPEC) for Pakistan’s socio-economic development and pledged to continue working together towards shared goals. They discussed various aspects of bilateral relations, including CPEC and economic cooperation, expressing satisfaction with the steady progress of CPEC projects in Pakistan. The two sides agreed to use the 10th anniversary of CPEC as a fresh starting point to further expand the initiative as envisioned by their leadership. They also emphasized their support for each other on core interests and highlighted the enduring friendship between their nations. China expressed its firm support for Pakistan’s prosperity and development, while Pakistan appreciated China’s assistance during challenging times, such as the COVID-19 pandemic and floods.
Pakistan and China have agreed on the centrality of CPEC for Pakistan’s socio-economic development and expressed their firm resolve to continue working together for realizing the shared objectives.
The understanding to this effect was reached during a meeting between visiting Chinese Vice Premier and President Xi Jinping’s Special Representative He Lifeng and Prime Minister Shehbaz Sharif in Islamabad today.
During the meeting, the two sides exchanged views on several aspects of bilateral relations including CPEC and bilateral economic and financial cooperation.
Expressing satisfaction over the steady development of CPEC projects in Pakistan, the two sides also agreed that 10th anniversary of CPEC celebrations constituted a fresh starting point to further expand CPEC as envisaged by the leadership of the two countries.
Noting the unanimity of views between the two countries on regional issues, the two sides vowed to support each other on all issues of core interests.
Welcoming the Chinese Vice-Premier to Pakistan, Prime Minister Shehbaz Sharif congratulated him on being promoted as the Vice-Premier of China in March this year.
The Prime Minister, appreciating China’s support for Pakistan’s economic development, observed that as strategic partners and trusted friends, the two countries have always stood by each other in difficult times, as evidenced by Chinese support to Pakistan during COVID-19 pandemic and devastating floods in Pakistan.
Speaking on the occasion, the Chinese Vice Premier conveyed President Xi Jinping message of China’s firm support to Pakistan’s prosperity and development.
He underlined that Pak-China friendship is unique and has withstood the vicissitudes of time due to deep fraternal ties between the peoples of two nations.
He Lifeng reiterated that as an iron-brother and strategic partner, China would continue its existing economic and financial support to Pakistan.
Welcoming Prime Minister Shehbaz Sharif’s vision for deepening bilateral trade and investment ties, the Vice Premier conveyed China’s willingness to enhance Pakistan’s agro and food exports to Beijing.
Prime Minister Shehbaz Sharif also hosted a luncheon in honor of the Chinese Vice Premier He Lifeng and his delegation.
Chinese company to invest $350 million for EV and charging stations in Pakistan
Chinese company ADM Group has unveiled a major investment of $350 million in Pakistan, wit…