China gave Pakistan the reassurance that it would continue to support the nation’s sustainable economic and strategic projects, including the expansion of the China-Pakistan Economic Corridor (CPEC) and the Main Line-1 (ML-1) rail track, in addition to providing an additional assistance package of RMB 500 million for the country’s flood relief efforts.
Pakistan and China have agreed to expand and accelerate CPEC.
Chinese President Xi Jinping and Premier Li Keqiang reportedly made these assurances during separate meetings with Prime Minister Shehbaz Sharif at the People’s Great Hall in Beijing, according to the Prime Minister Office (PMO).
A number of agreements covering bilateral cooperation in the fields of e-commerce, the digital economy, agricultural product export, financial cooperation, cultural property protection, infrastructure, flood relief, post-disaster reconstruction, GDI, animal disease control, livelihood, cultural cooperation, space, geosciences, as well as law enforcement and security, were signed and finalised by the two sides.
Prime Minister Sharif returned to his country on Wednesday night after his two-day first visit to China was over.
In their discussion with President Xi, the two leaders reaffirmed their shared commitment to the CPEC and decided that, in order to start ML-1 as an early harvest project within the CPEC framework, both nations will work together.
The two leaders talked about ways to work together on a variety of areas, including defence, trade and investment, agriculture, health, and disaster preparedness.
They also discussed how the swift change in the global environment has made it more difficult for poorer nations to address their economic problems. They reaffirmed their common conviction that communication and collaboration based on respect and mutual gain are essential for world peace and development.
They concurred that governments must cooperate fully to address current issues like climate change, health pandemics, and escalating inequities in conformity with the goals and tenets of the United Nations Charter.
