Pakistan PM Imran Khan held meetings with Chinese counterpart Li Keqiang and senior leaders of state-owned and private companies.
Khan’s visit to China comes amid his country’s financial struggles and Winter Olympics. Mr Khan assuring of persistent support to Chinese enterprises for expanding their footprints attempted to get some help ease Pakistan’s woes.
According to Pakistan’s Prime Minister’s Office, the meetings were held was between the members of Khan’s cabinet, senior officials and Chinese officials.
Imran Khan also appreciated the interests of Chinese companies for enhancing business ties with Pakistan.
Mr Khan is on a four-day visit to China, he attended the opening ceremony of the Beijing Winter Olympics. During this crucial visit, Pakistan signed a new agreement with China to kick off the second phase of the China-Pakistan Economic Corridor (CPEC).
Pak PM also met executives of China Energy Engineering Corporation (CEEC), China State Construction Engineering Corporation (CSCEC), Power China, East Sea Group, China Railway Group Limited (CREC) among others to cement the deal.
Besides, there are future investment plans from China in Pakistan in several fields ranging from energy, refining, petrochemical, infrastructure development water management to information and communication technology (ICT).
Pakistan has been going through a tough phase in the face of pandemic and financial woes. The country has been eyeing to get more loans from Beijing to stabilize its dwindling foreign exchange reserves.
Moreover, the Imran Khan government is considering to request China to approve $3 billion in China’s State Administration of Foreign Exchange, SAFE deposits.
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