HomeNewsDiplomatic NewsPakistan Prime Minister to strengthen economic ties in China

Pakistan Prime Minister to strengthen economic ties in China

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Islamabad, 1 June 2024(TDI): Prime Minister Shehbaz Sharif’s upcoming four-day visit to China next week will prioritize meetings with top companies and investors, highlighting the focus on strengthening economic ties between the two nations.

Earlier today, the Prime Minister asked Pakistani officials to carve out a “comprehensive plan” for business-to-business (B2B) engagements during his visit to China on June 4-8 as the South Asian country seeks to woo Chinese investors.

Sharif’s visit comes at a time when Pakistan is looking to boost foreign investment to support its fragile economy after averting a default last year, thanks to a $3 billion International Monetary Fund (IMF) bailout.

“An important aspect of the Prime Minister’s visit will be meetings with corporate executives of leading Chinese companies dealing in oil and gas, energy, ICT [information and communication technology], and emerging technologies,” foreign office spokesperson Mumtaz Zahra Baloch said.

She informed during her weekly media briefing Sharif would visit Beijing, Xi’an, and Shenzhen, adding he would hold delegation-level talks with President Xi Jinping, Prime Minister Li Qiang, Chairman of the Standing Committee of the National People’s Congress Zhao Leji, and heads of key government departments.

She said the Prime Minister would also address the Pakistan-China Business Forum attended by leading businesspeople, entrepreneurs, and investors from both countries.

He would also visit the economic and agricultural zones in China.

Baloch noted the cooperation between the two states during the visit would set the future trajectory of the Pakistan-China strategic partnership.

Counter-Terrorism

Asked if Islamabad had officially urged Beijing to talk to Kabul about the terror threat Pakistan faced, she said both countries had several channels of communication where everything including terrorism was discussed.

“So, these talks continue,” she said. “I am not in a position to share internal deliberations and privileged diplomatic conversations.

Pakistan and China have been discussing issues relating to terrorism, relating to security of Chinese nationals in the country.”

The spokesperson informed the two countries had agreed to further strengthen cooperation in counterterrorism and security through a comprehensive approach.

“We have made a clear public statement about how we will work together to combat terrorism,” she added.

“No attempt to undermine our cooperation and friendship will ever succeed.”

Earlier today, Pakistan’s interior secretary Muhammad Khurram Agha held a meeting with Afghanistan’s interim deputy interior minister Muhammad Nabi Omari in Kabul and shared with him findings of a March 26 suicide attack in northwest Pakistan that killed the five Chinese nationals and their Pakistani driver.

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The Chinese workers were killed when a suicide bomber rammed his car into their vehicle while they were on their way to the Dasu hydropower project in Pakistan’s northwestern Khyber Pakhtunkhwa province.

Islamabad blamed the Tehreek-e-Taliban Pakistan (TTP) for the attack, with Pakistan’s interior minister saying last week the bombing was coordinated by TTP members from Afghanistan, asking Kabul to arrest and hand over the suspects involved in the crime.

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