Pakistan may get $6bn package from China
BEIJING: In first visit to China, the Prime Minister Imran Khan is expected to receive $6 billion economic package including a loan of $1.5 billion and special grant of $1.5 billion to meet the on-going economic crisis in the country.
The Chinese government may give additional package of $3 billion for China-Pakistan Economic Corridor (CPEC), the media report from Beijing.
Imran Khan, who is on his first official visit to China after assuming charge as Pakistan’s prime minister, met Chinese President Xi Jinping in Beijing on Friday.
The meeting between the heads of the states held at the Great Hall of the People in Beijing’s Tiananmen Square. High-level delegations from both the sides are also in attendance.
Foreign Minister Shah Mahmood Qureshi, Finance Minister Asad Umar, Planning Minister Khusro Bakhtiar, and Railways Minister Sheikh Rashid are accompanying the premier. Abdul Razak Dawood, the adviser to Khan on commerce, textiles, industries production and investment, and Balochistan Chief Minister Jam Kamal are also with the PM on his China visit.
According to a spokesperson for the Prime Minister Office, PM Imran is also expected to meet his counterpart Li Keqiang and other top officials during his visit. The visit comes on the Chinese leadership’s invitation, and is expected to result in various agreements between the two friendly nations.
The two sides will review the entire range of bilateral relations, which mark a long history of mutual trust and mutual support. The two leaderships will also sign several agreements in diverse fields, the Pakistan Foreign Office said in a statement earlier this week.
He will meet Chinese Premier Li Keqiang tomorrow at a ceremony during which the two leaders will sign memorandums of agreements between the two countries.
On November 4, the PM will speak at the Central Party School before leaving for Shanghai to participate in the first China International Import Expo. The premier will be a keynote speaker at the inauguration of the expo, and among 18 heads of state and government who will be attending the expo.
More than 2,800 companies from 130 countries and regions, and 160,000 buyers from over 80,000 Chinese and foreign companies will participate in the expo.
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