ISLAMABAD – Prime Minister, Imran Khan and his delegation have concluded asuccessful visit to China, roping in a number of high-profile agreements.
11 agreements on a broad spectrum of sectors have been signed betweenPakistan and China, Advisor to Prime Minister on Commerce, Textile, andIndustry Abdul Razak Dawood told the media.
The agreements and MoUs come under the second phase of the Pak-China FreeTrade Agreement (FTA), following which Pakistan will also get duty-freeaccess to Chinese markets.
Abdul Razzak also informed that a number of investors were eager to investin Pakistan. In addition to chemicals, railways, agriculture, and IT thetwo countries agreed on increased cooperation in the Film and TV industryas well.
Special Advisor to Prime Minister on Information and Broadcasting, DrFirdous Ashiq Awan hailed the signings, saying:
For the first time, a leader is talking for the interest of his country andpeople at an international level, unlike previous rulers who visited abroadfor their personal and business interests.
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Some of the MoUs include:
– Establishment of Havelian dry port under CPEC – Upgradation of Karachi-Lahore Peshawar (ML-1) railway track. – Cooperation in Marine Sciences between the Ministry of Science and Technology and China Geological Survey (CGS), Ministry of Natural Resources of China and the Institute of Oceanography. – China-Pakistan Economic and Technical Cooperation Agreement. – The license agreement between KPEZMDC and CRBC. – Rashakai SEZ Joint Venture. – MoU between CIDCA and Ministry of Planning, Development, and Reform on Implementation of the Projects under JWG of CPEC.
The latest pool of signings once again validate the time-tested friendshipof the two countries.
