ISLAMABAD – Pakistan and China take important decisions over economic frontduring PM Imran Khan visit to Beijing.
Pakistan and China have agreed to the implementation of the second phase ofChina-Pakistan Free Trade Agreement that will lead to more trade, economicand investment opportunities between the two countries.
During the meeting, Pakistan and China vowed to expedite the completion ofprojects associated with the multi-billion-dollar China Pakistan EconomicCorridor (CPEC).
The understanding came during wide-ranging bilateral talks between PrimeMinister Imran Khan and Chinese Premier Li Keqiang held at the Great Hallof the People in Beijing on Tuesday.
The two sides exchanged views on deepening bilateral trade and exploredways of increasing Pakistan’s exports to China.
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According to the press release, areas of potential collaboration werediscussed between the two sides which included railways, steel, oil andgas, industry and science & technology.
The two leaders also witnessed the signing of various Agreements and MOUsaimed at deepening Pakistan-China ties in a range of socio-economic sectors.
Chinese Premier Li Keqiang reiterated China’s support for Pakistan’s issuesof core national interest and thanked Imran Khan for the measures toadvance CPEC projects and maintained that the second phase of CPEC will beinstrumental in reinforcing and consolidating Pakistan’s economicdevelopment and pave the way for enhanced Chinese investments in Pakistan.
