China says will surely help Pakistan in financial crisis

05 November, 2018, 05:49 | Author: Roderick Gutierrez
  • Rising Kashmir

China Thursday sought to defend the proposed bus service with Pakistan through PaK, saying its cooperation with Islamabad has nothing to do with the territorial dispute and will not change its principled stance on the Kashmir issue.

Neither Xi nor Khan mentioned additional economic aid from Bejing to Islamabad.

Pakistan doesn't share a border with China.

Agreements were also signed between Higher Education Commission of Pakistan and Science Academy of China and between Chinese Academy of Science and Pakistan Meteorological Department.

They also agreed to task the CPEC's Joint Cooperation Committee (JCC) with formulating ideas to explore new areas of cooperation.

The president said the revision of CPEC projects was an ongoing process.

Both sides expressed satisfaction at the progress of CPEC which is a flagship project of Belt and Road initiative.

He was talking to reporters after Khan and his Chinese counterpart Li Keqiang held talks at the Great Hall and supervised the signing of 16 bilateral deals.

To facilitate this process, the two countries discussed methods to establish a committee to encourage youth exchange programs and ensure cooperation in the area.

The statement added that building a closer China-Pakistan community in the new era was the pillar of the continued relationship between the "iron brothers".

Cheng Xiaohe, deputy director of the centre for global strategic studies at Renmin University, said China would offer economic assistance, but it was the Pakistan government's responsibility to tackle its economic problems. "In this context, China supports Pakistan's engagement with the NSG and welcomes its adherence of NSG Guidelines", it added.

Khan thanked the Chinese president, government and the people of China for their warm sentiments. Whenever we needed help, China came forward.

Imran Khan said friendship with China was the cornerstone of Pakistan's foreign policy and expressed the earnest desire of his government to further consolidate this relationship.

"In 2017, Prime Minister Narendra Modi had said that it is only by respecting the autonomy of countries involved, there can be regional connectivity and avoid differences and disorientation".

Sharing his vision of Naya Pakistan, the Prime Minister congratulated the Chinese premier on successful anti corruption drive, poverty alleviation and modernization of China based on innovation and IT.

Khan said he had followed President Xi as a statesman during his political carrier spanning over 22 years.

Pakistan is already highly dependent on China as the bulk of the foreign loans inherited by Mr Khan's government are with Chinese lenders.

"We will also bring people out of poverty in Pakistan". He said no other nation in the human history had been able to achieve this success.

China also heaped praise on Pakistan for its efforts to counter terrorism and said it recognised Islamabad's efforts in actively strengthening financial regulations to combat terrorism financing, and called on all relevant parties to view Pakistan's counter-terrorism efforts in an objective and fair manner.


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