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Pakistan

Xi guarantees Shehbaz of Pakistan’s financial stability

CPEC and strategic partnership are two areas where Prime Minister Shehbaz Sharif and Chinese President Xi Jinping have agreed to strengthen multilateral cooperation.

News Desk
By News Desk Published November 2, 2022
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Xi guarantees Shehbaz of Pakistans financial stability
Prime Minister Shehbaz Sharif was presented with the guard of honour on his arrival at the Great Hall of the People, ahead of his meeting with H.E. Li Keqiang, Premier of the People's Republic of China. Photo: Government of Pakistan via Twitter

The China-Pakistan Economic Corridor (CPEC) and strategic partnerships would be strengthened via multilateral cooperation, according to Prime Minister Shehbaz Sharif and Chinese President Xi Jinping.

The two presidents met in the People’s Great Hall of China and talked about broad-based economic and investment cooperation in addition to exchanging opinions on regional and global developments.

وزیرِ اعظم محمد شہباز شریف کی چین کے صدر شی جنپنگ سے ملاقات

ملاقات میں چین اور پاکستان کے درمیان باہمی, خصوصاً اقتصادی شعبوں میں ,تعاون پر بات چیت #PMShehbazinChina #PakPMInChina#SharedDestiny 🇨🇳 🇵🇰 pic.twitter.com/Ps1LnkQvxz

— Government of Pakistan (@GovtofPakistan) November 2, 2022

President Xi and Prime Minister Shehbaz both stated a desire to expand the All-Weather Strategic Cooperation Partnership between their countries.

The PM is one of the first world leaders to visit China following the historic 20th National Congress of the Communist Party (CPC) of China, which elected Xi Jinping as the party’s general secretary. The premier arrived in Beijing on Tuesday for a two-day official visit.

The premier stated that he was “honoured to be among the first few leaders to have been invited following the historic 20th National Congress of the CPC” before departing for Beijing on November 1.

He stated that it is expected that the second phase of CPEC would herald a new era of socioeconomic development that will raise the standard of living for our people.

The premier added that the Chinese economic miracle offers many lessons.

“Pakistan and China stand together as partners and friends at a time when the world is dealing with several problems,” he added.

Prime Minister Muhammad Shahbaz Sharif met Chinese President Xi Jinping. Both leaders discussed mutual cooperation in all areas of bilateral relations, especially #CPEC projects and agreed to further strengthen strategic partnership.#PMShehbazinChina pic.twitter.com/NdKp6nmkXW

— Prime Minister's Office (@PakPMO) November 2, 2022

A day before the visit, China expressed its warm welcome for the PM and expressed its eagerness to advance high-level strategic cooperation between the two countries and generate more positive outcomes from Sino-Pak friendship for the benefit of the two people.

Zhao Lijian, a spokesperson for the Chinese Foreign Ministry, stated that despite changes in domestic or international situations, the relationship between China and Pakistan has endured over the years.

He said, “Our two countries have always stood together and helped each other in the face of major natural disasters. We have always backed one another on issues about our respective major interests.

TAGGED: China and Pakistan, China-Pakistan Economic Corridor project, Pakistan's financial stability, PM Shehbaz Sharif, PM's visit to China, Xi Jinping
By News Desk
The author is the news desk team.
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