Pakistan and China agree to strengthen bilateral relations and broaden the horizons of CPEC. Both countries agreed to establish a strong relationship politically and economically as well as in science and technology. The meeting was held in Beijing on Oct 18, 2023.

Caretaker Prime Minister Anwar ul Haq Kakar held a bilateral meeting with Chinese President Li Qiang on the sidelines of the 3rd Belt and Road Forum on Wednesday.

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Both leaders discussed bilateral collaboration in the context of CPEC and prospects of further deepening economic cooperation. PM Kakar expressed kind regards to the Chinese leadership on the successful holding of the Third Belt and Road Forum (BRF).

PM Kakar highlighted the importance of CPEC for the economy of Pakistan and suggested its expansion into new development areas including mining and minerals exploration, education, science, Information technology, agriculture, and industrial development.

PM Kakar expressed confidence that Chinese investment in Special Economic Zones (SEZs) will contribute to the diversification of Pakistan’s exports. It will also expand the industrial horizon of Pakistan.

PM Kakar and Chinese President Qiang signed the MOU

Both Kakar and Qiang signed the Memorandum of Understanding (MOU) between China and Pakistan to enhance bilateral cooperation in diverse fields. The agreements were signed in different areas of commerce, communication, transport, climate change, space cooperation, vaccine development etc.

Pakistan and China also agreed to broaden the scope of the BRI (Belt and Road Initiative) project to construct a multi-billion dollar railway project in Pakistan.

Chinese President Li Qiang also noted the growth of the bilateral relationship between both countries. He highlighted the positive momentum of CPEC projects. Also, he expressed the hope that leadership consensus would further strengthen the trade and economic relations between Pakistan and China.

PM Kakar also emphasized the need for a united global response to address complex multinational challenges that humankind is facing. It will help prevent lapses in the gains achieved under the UN Sustainable Development Goals and 2030 Agenda.

He brought up the focus on the urgency of addressing infrastructure gaps in the developing world by investing in transportation, energy, and the digital economy.

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