Pak China Agreements

China-Pakistan relations began in 1950, when Pakistan was one of the first countries to end official diplomatic relations with the Republic of China (or Taiwan) and to recognize the government of the People`s Republic of Mainland China. Since then, the two countries have placed great importance on maintaining an extremely close special relationship and support[1][2][3], and the two countries have regularly exchanged high-level visits, resulting in a large number of agreements. The People`s Republic of China has provided economic, military and technical assistance to Pakistan and each country considers the other a close strategic ally. [4] [5] The Prime Minister travelled to China from 25 to 28 April 2019 to participate in the 2nd Forum Belt and Road for International Cooperation. He gave a speech at the opening ceremony of the BRF on April 26 and participated in the Heads of State and Government Roundtable on April 27. During the visit, the Prime Minister held meetings with President Xi Jinping and Premier Li Keqiang to discuss all bilateral relations, including the implementation of Phase II of the CPEC. Both sides reaffirmed their determination to further strengthen the strategic partnership for all weather conditions. The two sides also discussed important regional and international issues, including peace and reconciliation in Afghanistan, as well as peace and stability in South Asia, and agreed to deepen cooperation in multilateral for a. The Prime Minister participated in a Pakistani business and investment forum bringing together business leaders from Pakistan and China. Fourteen B2B agreements have also been signed. He also participated in the opening ceremony of the exhibition of the International Exhibition of the Beijing Exhibition. During the visit, seven new MOMs were signed on a range of bilateral issues, including the second phase of the Pakistan-China Financial Free Trade Agreement, the conclusion of the ML-1 draft, the Rashakai SEZ joint venture, socio-economic cooperation, economic and technical cooperation and cooperation in the field of marine science.

There are close military ties between China and Pakistan. [42] This alliance between two neighbouring Southeast Asian nations is geopolitically important. Strong military ties are primarily aimed at countering Indian and American regional influence, and they should also be dejugated by Soviet influence in the region. In recent years, this relationship has been strengthened by military projects and ongoing agreements between Pakistan and China. China Briefing is written and produced by Dezan Shira – Associates. The practice supports foreign investors in China and has since 1992 by offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen and Hong Kong. Please contact the support company in China at china@dezshira.com. The two sides reached a number of important agreements and long-term consensus, reaffirmed a strong commitment to bilateral relations, and the heads of state and government developed good relations with future cooperation. During the visit, two pages signed 15 agreements on a number of bilateral issues, including the transfer of convicted persons, the fight against poverty, agriculture, socio-economic development and cooperation in the fight against drug trafficking.

This is in line with China`s free trade agreements with New Zealand, Peru, Costa Rica, Switzerland, Iceland, Singapore, Australia, South Korea, Georgia, Chile and Pakistan, as well as the Asia-Pacific trade agreement. The volume of trade resulting from an agreement between the two states amounted to $13 billion in 2013 and reached $20 billion in 2017, when the two countries signed 51 agreements and protocols for cooperation in various areas. [5] China had already made a significant contribution to Pakistani imports prior to the signing of the free trade agreement and improved considerably after the implementation of the free trade agreement in 2007.