ISLAMABAD, Jul 31 (NNI): Pakistan and China have signed six agreements and MOUs for promotion of bilateral cooperation.

The signing ceremony was witnessed by Prime Minister Shehbaz Sharif and the visiting Chinese Vice Premier He Lifeng in Islamabad on Monday.

Minister for Planning and Development Ahsan Iqbal and the Vice Chairman of National Development and Reforms Commission of People’s Republic of China signed the document on the joint cooperation committee of China Pakistan Economic Corridor (CPEC).

The second document signed by Minister for Planning and Development Ahsan Iqbal and the Vice Chairman of National Development and Reforms Commission of People’s Republic of China was related to the establishment of an experts exchange mechanism within the framework of CPEC.

The third document was signed by the Secretary Ministry of National Food Security Zafar Hassan and the Chinese Charge D’Affaires Pang Chunxue for the export of dried Chillies from Pakistan to China.

Member Planning of National Highway Authority Asim Amin and Chinese Charge D’Affaires Pang Chunxue signed the fourth document on the realignment of Karakoram Highway Phase II project feasibility study.

The two sides also signed through diplomatic channels the MOU on Industrial Workers’ Exchange Program.

The two sides agreed to promote the strategic ML-1 project.

Speaking on the occasion, Prime Minister Shehbaz Sharif said the documents signed today are aimed at further enhancing economic relations between Pakistan and China.

The prime minister expressed pleasure over the signing of documents and thanked Chinese Vice-Premier He Lifeng for visiting Pakistan to celebrate 10 years of CPEC.

He recalled that 10 years ago, CPEC was signed between that time Prime Minister Nawaz and President Xi Jinping and implementation was started within no time.

“Today we can claim that under CPEC above $25 billion investment took place in power, road, hydel power, and public transport. Now we are entering the second phase. Today, we signed certain important documents which will further enhance cooperation and undertake the second phase of CPEC under a new model,” the prime minister said.

He said the second phase of CPEC would feature the B2B investment in agriculture and information technology to enable Pakistan to export its products according to Chinese standards and requirements.

The prime minister also thanked Chinese President Xi Jinping for sending his special envoy to Pakistan and showing solidarity for people-to-people friendship and showing to the world that both countries were bound in a great and unique relationship.

“We are all-weather friends and iron brothers. This friendship will continue and will not tolerate any kind of obstacle in its way,” Prime Minister Shehbaz remarked.

He said Pakistan was absolutely ready to contribute to President Xi’s vision of shared prosperity.

Highlighting the importance of ML-1 and Karachi Circular Railway, the prime minister expressed the hope that both projects would be successfully executed to make Pakistan stand on its own feet through the hard work and untiring efforts of both countries.

“It is the Chinese model, It is President Xi Jinping’s model and will emulate it under the vision of our Pakistan’s founding father late Quiad-e-Azam Muhammad Ali Jinnah to promote prosperity and peace in this country,” he commented. NNI


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