Pakistan, China Sign 20 Agreements During PM Kakar’s First China Visit

During the inaugural visit of interim Prime Minister Anwar-ul-Haq Kakar, Pakistan and China have signed 20 mutual agreements and a memorandum of understandings (MOU) during the 3rd Belt. The official visit took place from October 16 to 20, with Prime Minister Kakar participating in the Third Belt and Road Forum for International Cooperation at the invitation of Chinese President Xi.

Both parties acknowledged the significance of China Pak Energy Corridor (CPEC) project of Belt and Road Initiative (BRI). CPEC had great impact for a last decade and now it will execute into a new stage of development.

The MoUs cover a range of important areas, such as improving connections, ensuring food security, sharing research, exchanging media content, working together on space projects, promoting sustainable city development, building skills, mining resources, supporting industries, addressing climate change, and developing vaccines. This information was shared by the Prime Minister’s Office.

Zhao Shiren, the consul general for China, praised the forum and highlighted the accomplishments. The discussion of both parties on the forum led towards the settings of high goals.They decided to open more research labs in countries they work with and offer 100,000 training opportunities in eco-friendly projects. They’ve also made deals worth $97.2 billion, and they hope this will help boost economies and create jobs in the countries connected by the Belt and Road project.

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