Home Latest News Pakistan, China vow to ensure high-quality development of CPEC projects, protect each others core interests
Latest News - May 23, 2022

Pakistan, China vow to ensure high-quality development of CPEC projects, protect each others core interests

Pakistan and China have expressed firm resolve to synergizing development strategies and pushing forward all CPEC projects in a safe, smooth, and high-quality manner. This resolve was expressed in a joint statement after a meeting between Foreign Minister Bilawal Bhutto Zardari and his Chinese counterpart Wang Yi in Guangzhou. Both sides expressed pleasure with the steady expansion of China-Pakistan economic cooperation. They agreed that the CPEC had enhanced Pakistan’s infrastructure and accelerated its socioeconomic development. Both parties agreed to promote cooperation in areas like economics and commerce, investment, industry, agriculture, health, and research and technology. The two sides decided to work together to make the most of phase-II of the China-Pakistan Free Trade Agreement, noting with satisfaction the record bilateral trade reached last year. Terrorism was dubbed the “shared enemy of humanity” by both sides, who pledged not to let anyone harm the China-Pakistan iron brotherhood. In addition, Chinese Foreign Minister Wang Yi agreed to visit Pakistan for the Pakistan-China Strategic Dialogue.

ISLAMABAD, May 22 (APP): Pakistan and China have reaffirmed their strong support for each other’s core interests and major concerns and commitment to deepening strategic communication including at the highest political level and practical cooperation.

They also agreed to building an even stronger China-Pakistan community with a shared future in the new era, said a joint statement issued on Sunday at the conclusion of Foreign Minister Bilawal Bhutto Zardari’s two-day official visit to China.

Foreign minister Bilawal visited Guangzhou on May 21-22 at the invitation of State Councilor and Foreign Minister Wang Yi. It was his first official bilateral visit after assuming the office of the foreign minister of Pakistan.

The visit coincided with the 71st anniversary of the establishment of diplomatic ties between China and Pakistan.

During the visit, the state councilor and foreign minister Wang Yi and foreign minister Bilawal held in-depth discussions on the entire gamut of bilateral relations as well as regional and international issues of shared interest.

The talks were conducted in a warm and friendly atmosphere, in line with the finest tradition of mutual trust and cooperation between the two countries.

The joint statement said the two sides agreed that amidst profound regional and international changes, the importance of China-Pakistan strategic relations has assumed even greater significance.

“As All-Weather Strategic Cooperative Partners, China and Pakistan share ironclad mutual trust and friendship, which is a source of peace, stability, and prosperity for the region and beyond,” it was added.

The two sides noted with satisfaction the steady growth of economic cooperation between China and Pakistan. In this context, they agreed that China-Pakistan Economic Corridor (CPEC) has effectively improved Pakistan’s infrastructure and boosted its socio-economic development. “Both sides expressed firm resolve to synergizing development strategies, pushing forward all CPEC projects in a safe, smooth, and high-quality manner, promoting cooperation in areas such as economy and trade, investment, industry, agriculture, health, and science and technology, contributing to the peoples’ well-being and delivering greater benefits to local communities,” the statement said.

The two sides expressed satisfaction at the growing momentum of bilateral defense cooperation and exchanges.

They underlined that China-Pakistan defense cooperation was in fact a factor of peace and stability in the region.

The two sides termed terrorism as the common enemy of humanity.

The two sides called on the regional countries and the international community to form synergy and fight terrorism in all its forms and manifestations. The two sides expressed their determination not to allow anyone to damage China-Pakistan iron brotherhood.

They once again strongly condemned the Karachi University Confucius Institute terrorist attack.

Pakistan reiterated that efforts would be made to speed up investigation, hunt down the culprits, and bring them to justice.

Pakistan briefed the Chinese side on its efforts to ensure the safety of all Chinese nationals, projects, and institutions in the country. China appreciated Pakistan’s commitment to the safety and security of Chinese nationals.

Pakistan and China would further enhance counter-terrorism and security cooperation.

In the face of multiple traditional and non-traditional global challenges, the two sides agreed on the need for international cooperation and solidarity.

They noted that, based on the principles of win-win cooperation and shared benefits, Belt and Road cooperation has become an open and inclusive platform for international cooperation and is widely welcomed as a global public good.

The China-proposed Global Development Initiative (GDI) and Global Security Initiative (GSI) are new initiatives to respond to the pressing challenges facing the humanity.

“Both countries stand ready to work with other countries to focus on the development agenda, tackle security challenges, implement the UN 2030 Agenda for Sustainable Development, and jointly build a community with a shared future for mankind,” the statement said.

Noting with satisfaction the record bilateral trade achieved last year, the two sides agreed to work together to make optimum use of phase-II of CPFTA and work together to diversify their trade ties with deepening cooperation in export-oriented sectors in Pakistan and integrating value chains of the two countries.

Both sides also agreed on stronger collaboration in the services sector and skill development in the areas of tourism, education, financial and information technology sectors.

The two sides discussed the Ukraine situation, noting the necessity of being alert to the negative spillovers of the Ukraine crisis, in particular preventing its impact on developing countries, and called on relevant parties involved in the conflict to resolve differences and disputes through diplomacy and dialogue.

The two sides reaffirmed the firm commitment to upholding the UN-centered international system, the international order based on international law, and the basic norms governing international relations underpinned by the purposes and principles of the UN Charter, practicing true multilateralism, and promoting democracy and rule of law in international relations.

The two sides also underscored that Asia, with its rich history, civilizational heritage and growing economic potential, was playing a leading role for peace, prosperity, and economic development in the region and beyond.

The two sides hoped that in the pursuance of these cherished goals, the regional countries would uphold Asian values of mutual respect, equality and win-win cooperation, and build an open and inclusive regional architecture, safeguard peace and stability in the region, and advance common development and prosperity.

Both sides reiterated that a peaceful and prosperous South Asia was in the common interest of all parties.

“Given the challenges faced by the peoples of the region, due to global pandemic, soaring commodity prices, climate change and poverty, it is critical to resolve all outstanding disputes to promote regional cooperation and advance the goals of lasting peace, stability and shared prosperity,” it was added.

Foreign minister Bilawal Bhutto Zardari briefed the Chinese side about the latest developments in Jammu & Kashmir.

The two sides underlined the importance of the peaceful resolution of the dispute based on the UN Charter, relevant Security Council resolutions and bilateral agreements.

The two sides discussed the latest developments in Afghanistan. The two sides agreed that peace and stability in Afghanistan was vital for regional development and prosperity.

The two sides call upon the Afghan interim government to develop a broad-based and inclusive political structure, adopt moderate and sound internal and external policies, and protect the rights of women and children and ensure that the Afghan soil was not used against any of its neighbors.

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