ISLAMABAD: Pakistan Prime Minister Imran Khan to make big offer to Chinaover Pakistan Steel Mills during his upcoming official visit to Beijing.
Prime Minister Imran Khan has decided to hand over Pakistan Steel Mills(PSM) to China for its revival through government to government deal.
Pakistan and China will also explore options to financemulti-billion-dollar railways Mainline (ML-1) during his upcoming visit ofBeijing.
Pakistan’s top leadership will give assurances to the Chinese side thatChina Pakistan Economic Corridor (CPEC) would not slow down, but its nextphase would be pursued with zeal and vigour despite passing through underthe IMF programme.
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According to his upcoming scheduled visit of China on October 7, the primeminister has decided to take up five issues for enhancing economiccooperation under CPEC. Pakistan will offer China to get Pakistan SteelMills, finalise deal on modernisation of ML-1, financing of Bunjihydropower project, agriculture and social sectors-related projects in andoutside the ambit of CPEC.
The Chinese side wants to see progress for establishment of CPEC Authority,which the government intends to go ahead with promulgation of presidentialordinance anytime around PM Imran’s upcoming visit to China.
