Pakistan and China sign a series of agreements in Beijing today for cooperation in different sectors- Chinese president reiterates resolve to further cement ties with Pakistan
“Pakistan stands with China for promotion of Chinese initiative of One Belt and One Road”: PM
Prime Minister Muhammad Nawaz Sharif and his Chinese counterpart Li Keqiang witnessed the ceremony. Federal Ministers, Advisor on Foreign Affairs and Chief Ministers of all four provinces were present on the occasion. The first MOU was related to cooperation within the framework of the Silk Road Economic Belt and the 21st century Maritime Silk Road initiative. An MOU was also signed on upgradation of main railway line track ML-1 and establishment of Haveilian Dry Port. Three agreements were pertaining to economic and technical cooperation worth 3.4 billion yuan for Gwadar port and East Bay expressway.
Host: Daniyal Aziz
Co-host: Yusra Mushtaq, Maha Khan Jadoon
Analysts on Telephone:
Dr. Mirza Ikhtiyar Baig (Economist):
Belt and Road summit is a mega event. Pakistan has signed a number of MoUs and agreements at the occasion. Pakistan is a key player in this game changer project. China Pakistan Economic Corridor project will improve the regional connectivity and will also benefit other countries including Turkey and Russia as well. China and Pakistan have also offered India to join this mega project but India never expressed seriousness in this regard and always trying to sabotage CPEC.