Pakistan, China ink five agreements on different CPEC projects

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Islamabad;Staff Reporter+APP-Pakistan and China Sunday signed five documents of cooperation on different projects under China Pakistan Economic Corridor (CPEC) to further enhance bilateral engagement in multiple spheres.The signing ceremony was held here during the three-day visit of Chinese Vice President Wang Qishan, who arrived earlier in the day 26 May 2019 along with a high level delegation.

Prime Minister Imran Khan and the Chinese Vice President witnessed the signing ceremony also attended by Minister for Foreign Affairs Shah Mahmood Qureshi, Planning Minister Khusro Bakhtiar, Finance Advisor Abdul Hafeez Sheikh and members of the Chinese delegation.

Both the countries signed a Framework Agreement on Agricultural Cooperation signed by Chinese Vice Minister Zhang Taolin and Secretary Ministry of National Food Security Dr Muhammad Hashim Popalzai.

A memorandum was signed on the “Requirements of FMD free zone where vaccination is practiced between General Administration of the Customs of China and Animal Quarantine Department of the Ministry of National Food Security and Research of Pakistan.” Chinese Ambassador in Pakistan Yao Jing and Dr Hashim Popalzai signed the document.

The two sides also signed China Pakistan Economic Cooperation Agreement signed by Chinese Vice Minister Deng Boqing and Secretary Economic Affairs Division Noor Ahmed.
Chinese Vice Minister Deng Boqing and Secretary EAD also signed a Letter of Exchange for Disaster Relief Goods between the two countries.

The two friendly countries also inked agreement between CMEC and Government of Balochistan and Lasbela University in Modern Agriculture Comprehensive Development in Lasbela. The document was signed by Vice President of CMEC from China and Vice Chancellor Lasbela University Professor Dr Dost Muhammad Baloch and PS to Governor Balochsitan.

Prime Minister Imran Khan and Chinese Vice President Wang Qishan Sunday launched four mega development projects in the fields of energy, technology and education under China Pakistan Economic Corridor (CPEC).Both the dignitaries unveiled the plaques of the four projects at a ceremony held here .

The ceremony was also attended by Minister for Foreign Affairs Shah Mahmood Qureshi, Planning Minister Khusro Bakhtiar, Finance Advisor Abdul Hafeez Sheikh and members of the Chinese delegation.

Under the first project, a transmission line of 660kv would be laid between Matiari and Lahore to transmit power from coal based plants located at Thar, Port Qasim and Hub. The project would have the capacity to supply 2000 MW with 10 percent overloaded capability for two hours.

The two leaders unveiled the plaque for Rashakai Special Economic Zone (RSEZ) project to promote industrialization through optimally priced, world-class industrial infrastructure in Khyber Pakhtunkhwa province.

The RSEZ is situated centrally in the CPEC at the junction of Karakoram Corridor and ML-1 development corridor. It is set to become, and will be designed, to be the Key Trade and Logistics Hub connecting Kashgar, Kabul and Gwadar on the Belt and Road, and be a high-end host of international commercial, technological and manufacturing hub.

The two leaders inaugurated the Confucious Institute at the University of Punjab. The institute mainly provides Chinese education, cultural promotion and cultural exchanges and other projects and activities.

The ceremony also marked the launching of Huawei Technical Support Center to be established in Pakistan as part of Chinese tech giant’s commitment to make massive investment in Pakistan.

Pakistan and China Sunday while reaffirming their ‘All-Weather Strategic Cooperative Partnership’ resolved to further strengthen bilateral relations in all spheres including political, economic, trade and people-to-people exchanges.

The bilateral ties were discussed during the delegation-level talks between Prime Minister Imran Khan and Chinese Vice President Wang Qishan, who is visiting Pakistan on the invitation of the prime minister.

During the interaction, the two leaders exchanged views on the entire gamut of bilateral relations. Recalling his visit to China last month to attend the 2nd Belt and Road Forum (BRF), the prime minister expressed satisfaction at the results of the visit and highlighted the significance of high level exchanges in cementing the abiding friendship between the two countries.

The prime minister appreciated President Xi’s Belt and Road Initiative and underscored its significance for greater regional connectivity and sustainable growth.
Reiterating Pakistan’s unwavering commitment to China-Pakistan Economic Corridor (CPEC), the prime minister highlighted the extension of CPEC into new areas of agriculture, industrial development, and socio-economic uplift.

He also stressed the importance of further deepening bilateral economic and commercial interaction, industrial collaboration, and China’s investment in Pakistan’s Special Economic Zones (SEZs).

The vice president thanked the prime minister for the warm hospitality and reiterated China’s strong support for the agenda of socio-economic uplift and people-centered development.

He also expressed satisfaction at the increasing momentum of bilateral engagement between the two countries.

Among other things, the vice president underlined the importance of frequent leadership-level exchanges, the salience of CPEC projects in diverse sectors, expansion of bilateral trade in a balanced manner, promotion of investments, and increase in cultural and people-to-people exchanges with a special focus on youth and the media.

The two sides also exchanged views on the regional situation, including recent developments in South Asia.

The vice president lauded Pakistan’s constructive approach and new initiatives for forging peaceful and cooperative relations in the neighborhood.

He also expressed China’s appreciation for Pakistan’s sustained and successful efforts in the fight against terrorism and reaffirmed China’s steadfast support in this regard.

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