News Arena

Join us

Home
/

pak-china-vow-to-protect-cpec-from-detractors

International

Pak-China vow to protect CPEC from 'detractors'

Sharif is currently on a visit to China at the invitation of President Xi Jinping, seeking to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor (CPEC), a key part of Beijing's Belt and Road Initiative. 

News Arena Network - Beijing - UPDATED: June 7, 2024, 04:15 AM - 4 mins read

CPEC connects Gwadar Port in Pakistan's Balochistan with China's Xinjiang province.

Pak-China vow to protect CPEC from 'detractors'

CPEC connects Gwadar Port in Pakistan's Balochistan with China's Xinjiang province and is the flagship project of China's ambitious Belt and Road Initiative (BRI).


Pakistan and China on Friday vowed to protect the China-Pakistan Economic Corridor (CPEC) from its "detractors and adversaries", as Prime Minister Shehbaz Sharif met his Chinese counterpart Li Qiang and assured Beijing of providing complete security to Chinese personnel working on the USD 65 billion project. 

 

Sharif is currently on a visit to China at the invitation of President Xi Jinping, seeking to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor (CPEC), a key part of Beijing's Belt and Road Initiative. 

 

In a statement, the Pakistan Prime Minister's Office said during the meeting, the two sides discussed the significance of Gwadar as an important pillar of the CPEC and agreed to expedite the timely completion of all related infrastructure projects to transform Gwadar in Balochistan province into a regional economic hub. 

 

"They also expressed their firm commitment to protect CPEC from its detractors and adversaries and to upgrade CPEC in the form of enhanced cooperation," the statement said. 

 

The two leaders reaffirmed unwavering support for each other on core issues and expressed continued commitment and support for the high-quality development of the CPEC, Geo News reported. 

 

They also emphasised the timely completion of all ongoing projects with a special focus on industrial development, agriculture modernisation, Science & Technology, and the development of Special Economic Zones for mutually beneficial and socio-economic development of Pakistan.


Sharif also reaffirmed Pakistan's unflinching resolve to ensure the safety and security of Chinese personnel and projects in Pakistan. Chinese investment and financial support since 2013 have been key for the South Asian nation's struggling economy, including the rolling over of loans so that Islamabad can meet external financing needs at a time when foreign reserves are critically low. 

 

China has also invested billions in various power projects and road networks in Pakistan under the USD 65 billion CPEC plan, but the implementation of various projects has slowed in recent months. 

 

The CPEC, which connects Gwadar Port in Pakistan's Balochistan with China's Xinjiang province, is the flagship project of China's ambitious Belt and Road Initiative (BRI). The BRI is seen as an attempt by China to further its influence abroad with infrastructure projects funded by Chinese investments across the world. 

 

The recurring attacks on the Chinese personnel working on the CPEC projects by militant groups in Pakistan have become a major concern for China. 

In March, five Chinese and one Pakistani nationals were killed in a terrorist attack on their vehicle of the Dasu Hydropower Project undertaken by a Chinese company in Khyber Pakhtunkhwa Province.


During the talks, the two leaders discussed the entire spectrum of bilateral relations and discussed regional and global developments of mutual interest. 

They noted that the Pakistan-China All-Weather Strategic Cooperative Partnership was characterised by mutual trust, shared principles, and strategic convergence. 

 

Premier Li congratulated Prime Minister Sharif on Pakistan's election as a non-permanent member of the UN Security Council. 

 

The two sides agreed to maintain high-level exchanges including strengthening institutional linkages at all tiers and in all spheres of bilateral cooperation. 

Pakistan and China will also continue to consult closely on issues of regional and global significance and multilateral fora, especially during the two-year tenure of Pakistan as a non-member of the UNSC. The delegation-level talks were followed by an MoU signing ceremony.  


Both signed 23 MoUs and agreements deepening cooperation in transport infrastructure, industry, energy, agriculture, media, health, water, socio-economic development, and others of mutual interest.

Related News
Rishi Sunak concedes defeat, Keir Starmer to be next UK PM

Rishi Sunak concedes defeat, Keir Starmer to be next UK PM

July 4, 2024, 09:24 PM - 2 mins read

Britain's Prime Minister Rishi Sunak and his wife Akshata Murty arrive at a polling station to cast their votes near Richmond, North Yorkshire, England..

UK exit poll predicts huge loss for Sunak's Tories

July 4, 2024, 07:24 PM - 4 mins read

Israeli Cities Akko and Nahariya Hit by Hezbollah Rockets.

Hezbollah launches 200 rockets and drones at Israel

July 4, 2024, 08:19 AM - 3 mins read

India-Thailand Military Exercise MAITREE Resumes in Style.

MAITREE exercise returns to boost India-Thailand ties

July 4, 2024, 07:00 AM - 2 mins read

Sri Lanka has successfully reached a debt restructuring agreement with its international sovereign bondholders, marking a significant step in the nation's efforts to restore debt sustainability.

Sri Lanka finalises debt restructuring agreement

July 4, 2024, 01:23 AM - 2 mins read

UK votes today: PM Sunak's future on the line

UK votes today: PM Sunak's future on the line

July 3, 2024, 09:20 PM - 3 mins read

https://www.instagram.com/thelaughclubofficial/
https://www.instagram.com/burraahhh_/

International

See All
Rishi Sunak concedes defeat, Keir Starmer to be next UK PM

Rishi Sunak concedes defeat, Keir Starmer to be next UK PM

July 4, 2024, 09:24 PM - 2 mins read

Keir Starmer, the son of a toolmaker and a nurse, has promised "a decade of national renewal" after post-financial crash austerity measures, Brexit upheaval, and a cost-of-living crisis.

Read more
Representative Image.

Pakistan's Punjab govt to ban social media during Muharram

July 4, 2024, 08:35 PM - 2 mins read

The Punjab government of Maryam Nawaz has requested her uncle Shehbaz Sharif's government at the Centre to notify the suspension of all social media platforms on the internet for six days (July 13-18).

Read more
Britain's Prime Minister Rishi Sunak and his wife Akshata Murty arrive at a polling station to cast their votes near Richmond, North Yorkshire, England..

UK exit poll predicts huge loss for Sunak's Tories

July 4, 2024, 07:24 PM - 4 mins read

Despite the extensive campaign efforts, experts had predicted a lower voter turnout compared to the 67 per cent seen in the December 2019 general election, where the Conservatives won 365 seats, securing an 80-seat majority.

Read more
Dagestan (Russia) Temporarily Bans Niqabs After Terror Attacks.

Niqab ban in Dagestan after synagogue and church attacks

July 4, 2024, 09:43 AM - 3 mins read

The Dagestan province in Russia has imposed a temporary ban on the wearing of niqabs, following a series of terror attacks on Jewish and Orthodox Christian houses of worship.

Read more
India and China Aim for Early Resolution of LAC Disputes.

EAM Jaishankar and Wang Yi discuss border issues at SCO

July 4, 2024, 08:42 AM - 4 mins read

External Affairs Minister S. Jaishankar met his Chinese counterpart Wang Yi on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Astana on Thursday.

Read more
Israeli Cities Akko and Nahariya Hit by Hezbollah Rockets.

Hezbollah launches 200 rockets and drones at Israel

July 4, 2024, 08:19 AM - 3 mins read

Northern Israel was engulfed in chaos on Thursday morning as sirens blared across the Galilee region, signalling a sudden barrage of rockets and drones launched by Hezbollah.

Read more
India-Thailand Military Exercise MAITREE Resumes in Style.

MAITREE exercise returns to boost India-Thailand ties

July 4, 2024, 07:00 AM - 2 mins read

The revival of Exercise MAITREE in Thailand marks a renewed phase of defence cooperation between India and Thailand, aimed at bolstering military interoperability and regional stability through joint training and cultural exchange.

Read more
Image for representative use only.

Nuke speculation intensifies as Iran set for Prez polls

July 4, 2024, 06:25 AM - 4 mins read

With Iran on the brink of electing its new president, its nuclear intentions have been the subject of keen scrutiny, controversies, and much speculation.

Read more
Pakistan Prime Minister Shehbaz Sharif.

Pak PM raises Kashmir issue at SCO, calls for UNSC resolve

July 4, 2024, 05:43 AM - 4 mins read

Shahbaz, who arrived in Kazakhstan’s capital of Astana on Wednesday for a two-day official visit, represented Pakistan at the SCO meeting where leaders and diplomats from countries including China, India, Turkiye, Iran, Azerbaijan, and Kyrgyzstan have gathered to discuss economic and security cooperation.

Read more
Sri Lanka has successfully reached a debt restructuring agreement with its international sovereign bondholders, marking a significant step in the nation's efforts to restore debt sustainability.

Sri Lanka finalises debt restructuring agreement

July 3, 2024, 11:20 PM - 2 mins read

The announcement follows the finalisation of debt restructuring agreements with bilateral lenders, including India and China, in Paris on June 26. President Ranil Wickremesinghe described this earlier agreement as a “significant milestone” in bolstering international trust in Sri Lanka's debt-ridden economy.

Read more
Ministers from CPN-UML pose for a photo after submitting resignation to Nepal PM Pushpa Kamal Dahal at PM residence (Image Credit: PM Secretariat)

Nepal govt collapses as coalition ministers resign en-masse

July 3, 2024, 11:10 PM - 4 mins read

The turning point came as coalition ministers from the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) resigned en-masse, retracting their support.

Read more
UK votes today: PM Sunak's future on the line

UK votes today: PM Sunak's future on the line

July 3, 2024, 09:20 PM - 3 mins read

The destiny of Rishi Sunak as the Prime Minister of Britain and the leader of the Conservative Party is uncertain as the UK heads to the polls on Thursday.

Read more

TOP CATEGORIES

  • Nation

QUICK LINKS

About us Rss FeedSitemapPrivacy PolicyTerms & Condition
logo

2024 News Arena India Pvt Ltd | All rights reserved | The Ideaz Factory