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Tuesday, October 26, 2021

Pakistan, China agree to further cement bilateral ties

Pakistan, China agree to further cement bilateral ties
Pakistan and China have agreed to further strengthen bilateral economic and commercial ties, including full realization of the potential offered by the Phase-II of the China-Pakistan Free Trade Agreement.

This came during a telephonic conversation between Prime Minister Imran Khan and Chinese President Xi Jinping on Tuesday.

"The Prime Minister lauded the successful, timely and high-quality implementation of the China-Pakistan Economic Corridor (CPEC) projects, and welcomed Chinese investments in the CPEC Special Economic Zones. He underscored that early start of work on the ML-1 railway project would complement Pakistan’s geo-economics vision for national and regional development," the press release added.

"The two leaders agreed to strengthen Pakistan-China cooperation in the relevant areas and to promote CPEC’s green development as a high quality demonstration of the Belt and Road Initiative," the MoFA added.

"The two leaders also felicitated each other on the important milestone of the 70th anniversary of the establishment of diplomatic relations between Pakistan and China, reviewed the entire gamut of the bilateral strategic cooperative partnership, and discussed the regional and international situation," the press release stated.



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