Pakistani delegation in China to finalise modalities for economic cooperation

Evarado Alatorre
Noviembre 9, 2018

Prime Minister Imran Khan's visit to China from November 2-5 has moved the overall economic relationship between the two friendly countries to the next level, according to a statement issued by the Ministry of Finance (MoF) on Tuesday. This visit is Prime Minister Imran Khan's first official visit to China after he assumed office, which fully testifies to the importance Pakistan attaches to developing its ties with China.

Asked for her reaction to Umar's comments and how much China has offered to Pakistan, foreign ministry spokesperson Hua Chunying said Beijing would provide assistant to the best of its capacity but did not specify the amount.

The two sides believe that China-Pakistan relations have experienced the test of time and environmental changes at home and overseas and are constantly moving forward.

Khan, who has previously voiced opposition at global bailouts, went to China after receiving $6 billion in support from Saudi Arabia.

The faux pas is seen particularly ironic since the Pakistani premier is on a mission to secure a package from China to overcome a major economic crisis his country is confronted with.

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"In the light of Pakistan's need in future as per the mutual agreement, we will continue to help economically and in other sectors", Hua added. China while stating that it would extend necessary support to Pakistan, reportedly committed $6 billion funding. The two sides agreed to firmly advance the China-Pakistan Economic Corridor (CPEC), set up the task force on social and livelihood projects to constantly enrich and expand the CPEC.

Some of his ministers too sounded critical of it.

Pakistan has recently approached the International Monetary Fund for a bailout package and wants to minimise its loans with the international lender apprehending stringent financial conditions which included scrutiny of the confidential details of the CPEC.

The channel, PTV, apologised for the mistake and said, "Today, during a live address of the Prime Minister during his ongoing visit to China, a typographical error took place, which remained on screen for 20 seconds & later removed". "We believe our ties withstood the test of times in domestic and global changes", she said.

During the visit, the two sides agreed to elevate Pakistan-China all-weather strategic cooperative partnership to new heights.

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