POST Online Media Lite Edition


Pakistan, China sign 51 agreements

Staff writer |
Pakistan and China signed 51 Memorandums of Understanding (MoUs) and agreements to further consolidate cooperation in different sectors.

Prime Minister Muhammad Nawaz Sharif and Chinese President Xi Jinping witnessed the signing ceremony held at the PM's office.

The two countries signed the minutes of the 4th JCC of China- Pakistan Economic Corridor and Economic and Technical Cooperation Agreement between both the countries. Both the sides also exchanged notes of feasibility study of the demonstration project of the DTMB between both the governments.

The exchange of notes on provision of Anti-Narcotics Equipment, Law Enforcement Equipment and Feasibility Study of Gwadar Hospital, was also made between both the countries.

Pakistan and China also signed MoUs on provision of Chinese governmental concessional loan for second phase upgradation of Karakorum Highway (Havelian to Thakot), Karachi-Lahore Motorway (Multan to Sukkur), Gwadar Port East Bay Expressway Project and Gwadar International Airport. The MoUs have been signed between China's Ministry of Commerce and Pakistan's Ministry of Finance.

Both the countries also signed protocol on Banking Services to Agreement on Trade in Services between the two countries and MoU on provision of Material for Tackling Climate Change between National Development and Reform Commission of China and Pakistan Ministry of Finance.

A Framework Agreement was signed on cooperation on major communications infrastructure project between both the countries.

Pakistan and China also signed MoUs on cooperation between NDRC of China and Pakistan's Ministry of Planning, on Pro Bono Projects in the Port of Gwadar Region, establishment of China- Pakistan Joint Cotton Bio-Tech Laboratory, and framework agreement between the National Railway Administration of China and Railways Ministry of Pakistan on Joint Feasibility Study for upgradation of ML1 and Establishment of Havelain Dry Port of Pakistan Railways.

A protocol was also signed on the establishment of China- Pakistan Joint Marine Research Centre between State Oceanic Administration of China and Pakistan's Ministry of Science and Technology.

Both the countries also signed MoU on cooperation between the State Administration of Press, Publication, Radio, Films and Television of China and Pakistan's Ministry of Information, Broadcasting, triple party agreement between China Central Television and PTV and Pakistan Television Foundation on the re-broadcasting of CCTV-NEWS/CCTV -9 documentary in Pakistan.

Protocols were signed on establishment of sister cities relationship between Chengdu city Sichuan and Lahore, Zhuhai and Gwadar and Karamay City and Gwadar.

The two countries signed framework agreement between NEA and MoPNRon Gwadar-Nawabshah LNG Terminal and Pipeline Project, commercial contract on Lahore Orange Line Metro Train Project, agreement on financing for Lahore Orange Line Metro Train Project, and MoU on financing for Karakorum Highway upgradation Phase-2 (Havelian to Takot), KLM, Gwadar East Bay Expressway, Gwadar International Airport Projects.

Financing agreement was signed relating to the 870 MW Hydro- Electric Suki Kinari Hydropower Project between EXIM Bank of China, Industrial and Commercial Bank of China Limited and SK Hydro (Private) Limited, EXIM Bank of China and Port Qasim Electric Power Company (on Port Qasim 2x660MW Coal-fired Power Plant) and framework facility agreement for 720MW Karot Hydropower Project between China Development Bank Corporation, EXIM Bank of China and Karot Power Company.

Pakistan and China signed term sheet of the facility for Zonergy 9x100 MW solar project in the Punjab, drawdown agreement on Jhimpir Wind Power Project, between UEP Wind Power (Private) Limited as Borrower and China Development Bank Corporation as lender.

The two sides also signed terms and conditions in favour of Sindh Engro Coal Mining Company for Thar Block II 3.8Mt/a mining Project, Sindh province, Pakistan, arranged by China Development Bank Corporation.

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