Pakistan and China have reaffirmed their commitment to strengthen bilateral cooperation with the signing of the joint action plan 2024-2029.
Development is based on consensus reached earlier this week at a meeting between President Xi Jinping and Prime Minister Shehbaz Sharif.
In addition, Pakistan and China expressed their satisfaction Thursday on the positive trajectory of their links and agreed to continue working in close collaboration on the next phase of the Chinese-Pakistani economic corridor (CPEC 2.0), with five new corridors.
Understanding occurred during the meeting of Prime Minister Shahbaz with Chinese Prime Minister Li Qiang in Beijing.
The PM expressed its gratitude to Chinese leaders and people for their unwavering support for the territorial integrity of Pakistan, sovereignty and socio-economic development. He also congratulated China for the accommodation of the SCO Council of Heads of State Summit in Tianjin and extended congratulations on the occasion of the 80th anniversary of the success of the Chinese people in the war of resistance and the anti-fascist war of the world.
Stressing the role of the CPEC in the development of Pakistan in the last decade, Shehbaz stressed the need for early implementation of the ML-I project, KKH realignment and the operationalization of the port of Gwadar. He underlined a vast potential for B2B cooperation, citing agriculture, mines and minerals, textiles, the industrial sector and priority areas. The Prime Minister also informed his counterpart on the B2B investment conference held earlier in the day, which attracted more than 300 Pakistani companies and 500 Chinese companies.
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Reiterating Pakistan’s support for President Xi initiatives to strengthen multilateralism – including the global governance initiative, the global development initiative, the global security initiative and the global civilization initiative – Shehbaz said that Pakistan was waiting impatiently to mark the 75th anniversary of diplomatic links with China next year. The meeting ended with a lunch organized by Prime Minister Li in honor of PM and his delegation.
SCO Summit
Prime Minister Shehbaz reached Tianjin on Saturday to attend the Shanghai Cooperation Organization (SCO).
The Prime Minister is accompanied by the Deputy Prime Minister and Minister of Foreign Affairs Ishaq Dar, the Minister of Planning Ahsan Iqbal, the Minister of Information Attaullah Tarar and senior government officials. During the summit, the PM must present Pakistan’s perspective on pressing regional and global problems, describing strategies to strengthen the role of the OCS in promoting cooperation and stability.
The Shanghai Cooperation Organization (SCO), founded in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tadjikistan and Uzbekistan, is a permanent intergovernmental body aimed at promoting political, economic, and cultural cooperation, while retaining the “spiritual shanghai” equality and non-nature.
Its supreme decision-making body is the Council of Heads of State, with the Secretariat in Beijing and the regional anti-terrorist structure in Tashkent serving as permanent institutions.
Today, the SCO includes 10 Member States – including Pakistan, India, Iran and Bélarus – alongside two states of observers and 14 dialogue partners. The organization has forged partnerships with international and regional organizations such as the United Nations (UN), the Association of Nations of Southeast Asia (ASEAN), the Economic Cooperation Organization (ECO) and the Commonwealth of Independent States (CIS), have offered multiple understanding of understanding since 2005.
