ISLAMABAD – Pakistan and China on Monday decided to lift bilateral ties to all-weather strategic partnership of cooperation, hours after Chinese President Xi Jinping arrived here for his first state visit.
During the delegation-level talks held at the PM House, President Xi and Prime Minister Nawaz Sharif agreed to bring their relation to a new height.
According to the Chinese sources, they agreed for the up-gradation of bilateral relations in all fields of common interest. They decided to gear up for an expansion of cooperation in various fields, with the China-Pakistan Economic Corridor high on the agenda.
The corridor is a planned network of roads, railways and energy projects linking southwest Pakistan's deepwater Gwadar Port with northwest China's Xinjiang Uygur autonomous region.
At least 51 memorandums of understanding (MoUs) and agreements in different sectors, including energy, infrastructure, security and economic development were signed between the two countries.
Prime Minister Sharif and Chinese President Xi Jinping witnessed the signing ceremony held at the PM Office. Both the countries signed the MoUs on the joint statement between China and Pakistan on establishing the all-weather strategic cooperative partnership.
Both the sides also exchanged notes of feasibility study of the demonstration project of the DTMB between both the governments. The exchange of notes on provision of anti-narcotics equipment, law enforcement equipment and feasibility study of Gwadar Hospital, was also made between both the countries.
Pakistan and China also signed MoUs on provision of Chinese governmental concessional loan for second phase upgradation of Karakorum Highway (Havelian to Thakot), Karachi-Lahore Motorway (Multan to Sukkur), Gwadar Port East Bay Expressway Project and Gwadar International Airport. The MoUs have been signed between China's Ministry of Commerce and Pakistan's Ministry of Finance.
Both the countries also signed protocol on banking services to agreement on trade in services between the two countries and MoU on provision of Material for Tackling Climate Change between National Development and Reform Commission of China and Pakistan Ministry of Finance. A framework agreement was signed on cooperation on major communications infrastructure project between both the countries.
Pakistan and China also signed MoUs on cooperation between NDRC of China and Pakistan's Ministry of Planning, on pro bono projects in the port of Gwadar region, establishment of China-Pakistan Joint Cotton Bio-Tech Laboratory, and framework agreement between the National Railway Administration of China and the Railways Ministry of Pakistan on joint feasibility study for upgradation of ML1 and Establishment of Havelain Dry Port of Pakistan Railways.
A protocol was also signed on the establishment of China-Pakistan Joint Marine Research Centre between State Oceanic Administration of China and Pakistan's Ministry of Science and Technology. Both the countries also signed MoU on cooperation between the State Administration of Press, Publication, Radio, Films and Television of China and Pakistan's Ministry of Information and Broadcasting.
Protocols were signed on establishment of sister cities relationship between Chengdu City Sichuan and Lahore, Zhuhai and Gwadar and Karamay City and Gwadar.
Financing agreement was signed relating to the 870MW hydro-electric Suki Kinari Hydropower Project between EXIM Bank of China, Industrial and Commercial Bank of China Limited and SK Hydro (Private) Limited, EXIM Bank of China and Port Qasim Electric Power Company (on Port Qasim 1,320MW coal-fired power plant) and framework facility agreement for 720MW Karot Hydropower Project between China Development Bank Corporation, EXIM Bank of China and Karot Power Company.
The two sides also signed terms and conditions in favour of Sindh Engro Coal Mining Company for Thar Block II 3.8Mt/a mining project, Sindh, arranged by China Development Bank Corporation. Giving wide coverage to President's Xi visit to Pakistan, the Chinese media highlighted the fresh efforts, being made by the two governments for consolidating the decades' old partnership.
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