Pakistan, 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: Tazin Akhtar
Co-host: Dr. Khurram Iqbal
Analysts on Telephone:
Dr. Fazalur Rehman (Executive Director, Pakistan Council on China):
It is an important event and many international leaders and delegations have been participating in the summit. It is the time to effectively implement the concept of One Belt One Road. China has signed a number of agreements with Pakistan and will sign agreements with other countries as well. The matters regarding the construction of Economic Zones will also be discussed at this forum. United States is economic rival of China and we must not expect deep interest of United States of becoming the part of this mega project.
Dr. Shahid Hassan Siddiqui (Economist):
Belt and Road Forum is vital as the whole world is eyeing on it. Prime Minister is accompanied by federal ministers and CMs of all four provinces which is a message to the criticizens that Prime Minister wants to take all provinces along in China Pakistan Economic Corridor project. Prime Minister will also address the forum. It is now a fact that no power in the world could sabotage this project. Pakistan will have an easy access to international markets through this corridor. Our local investors should also invest in development projects in our country in order to have balance with foreign investment. Pakistan should also focus on to provide vocational training to the people of its country to make them professional.