Published: Fri, November 09, 2018
Worldwide | By Isabel Fisher

China says PM Imran Khans visit successful

China says PM Imran Khans visit successful

During the visit, the two sides agreed to elevate Pakistan-China all-weather strategic cooperative partnership to new heights.

Prime Minister Imran Khan's visit to China from November 2-5 has moved the overall economic relationship between the two friendly countries to the next level, according to a statement issued by the Ministry of Finance (MoF) on Tuesday. China and Pakistan are iron brothers and together we will climb the highest mountains.

Earlier reports from Pakistan said Beijing has committed a similar amount during Khan's visit but Chinese officials declined to confirm it.

In his comments on Tuesday, Umar said "we had told you about the Dollars 12 billion financing gap, of which $6 billion have come from Saudi Arabia, and the rest has come from China".

"In the light of Pakistan's need in future as per the mutual agreement, we will continue to help economically and in other sectors", Hua added.

China has invested tens of billions of dollars in Pakistan in recent years as part of its Belt and Road Initiative - which aims to link the economies of Asia, Africa and Europe via huge infrastructural projects.


The two sides also held discussions on immediate market access for Pakistan's exports as well as the balance of payments support.

Hua said that China was satisfied with Khan's visit during which the two countries agreed to deepen their ties and to complete the China Pakistan Economic Corridor (CPEC) with a stronger commitment. It would be Pakistan's 13th bailout from the International Monetary Fund since the 1980s.

The ministry announced that Prime Minister Imran Khan's visit to China is a success and the two sides made remarkable achievements.

During Khan's visit to China, Pakistan media reported that Beijing had agreed to provide $6 billion in aid to the cash-strapped country which included a loan of $1.5 billion along with an additional package of $3 billion for the CPEC.

A court in northwest Pakistan on Wednesday summoned Prime Minister Imran Khan to appear before it on December 13 in a case filed by the Pakistan Tehreek-e-Insaaf chief's rival candidate in the July 25 general elections over his alleged relation with a United States national, Sita White.

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