Pakistan and China on Saturday inked 19 agreements and memorandums of understanding (MoUs) mainly on projects relating to China-Pakistan Economic Corridor and electricity generation to further boost bilateral ties.The signing ceremony was witnessed by Prime Minister Nawaz Sharif and his Chinese counterpart Li Keqiang.
Among the agreements signed bilaterally included Economic and Technical Cooperation Agreement between China and Pakistan, Framework Agreement on Provision of Concessional Loan by China to Pakistan, CPEC Energy Projects Cooperation, Government Concessional Loan Agreement on Construction of Cross-border Optical Fibre Cable System between China and Pakistan for International Connectivity of Voice/Data Traffic Project, and Framework Facility Agreement on Suki-Kinari Hydro Power Project between China EXIM Bank and Suki-Kinari Hydro Power Project.
Both sides also signed an MoU on the outline of the long-term plan of CPEC, capacity building for development of CPEC between NDRC of China and Ministry of Planning, Development and Reform of Pakistan, minutes of the 3rd JCC of China-Pakistan Economic Corridor, Surface Mine in Block-II of Thar Coalfield and the Engro Thar 2x330MW Coal-fired Power Plant. The two countries also inked the Memorandum of Facilitation Agreement on Muzaffargarh 660MW Coal-fired Power Project between CMEC and Government of Punjab, MOA relating to development of 2x660MW Coal-fired Power Project at Qadarabad, Sahiwal, 99MW UEP Power Project EPC Framework Agreement, Quaid-i-Azam Solar Energy Park 900MW Solar Power Station Project between ZTE Energy and Government of Punjab, Implement Agreement on Dawood 50MW Wind Farm between Hydro China Corporation and AEDB Pakistan, EPC Agreement of 6.5 Mt/a Open Pit Mine in Thar Block I, Coal Supply Contract under the Project of Integrated Mine Mouth Coal Power Plant in Thar Block I and MoU for Development of Thermal Power Assets in Pakistan.
Pakistan and China also signed Framework Agreement on Ruyi-Masood Textile Industrial Park and 2x135MW Self-generation Coal-fired Power Plant between Industrial and Commercial Bank of China (ICBC) and Ruyi-Masood Textile Company of Pakistan and an MoU on Coal Power Plant in Port Qasim.
China, Pakistan’s only major ally in the region, has long urged Islamabad to weed out what it says are militants from Xinjiang, who are holed up in a lawless tribal belt, home to a lethal mix of militant groups, including the Taliban and al Qaeda. The meetings were held in a cordial and friendly atmosphere displaying strong mutual trust, cooperation and convergence of views of the two countries.
Gwadar port, a Chinese state-owned company to manage these days and it is located near the Iranian border is the Strait of Hormuz. is going to be, and the purpose of the Pakistan-China economic corridor roads, railways and pipelines is to reconstruct the possible delivery of goods by sea. China to Pakistan, which is currently working on 120 projects in the country, there are 15 thousand Chinese engineers and technicians.
Trade cooperation between China and Pakistan, which is currently $ 12 billion in China and other countries (such as India) is less than the commercial relationship. Ten thousand Pakistani students are studying in China and also in a number of Chinese studying in Pakistani universities, such as the Islamic University and the National University of Modern languages, establish a Confucius center.
One third of public opinion surveys of Pakistan while 23 percent have a favorable opinion of India and 42 percent have a favorable opinion of the United States. ?, which may be non-sustainable situation, the Chinese also have been infected in the past.These agreements show true friendship of china.According to thinkers,China’s friendship is lifeline for pakistan.By the support of China,One day Pakistan will become Asian tiger,which is the dream of Prime minister Nawaz Shareef.