ISLAMABAD: Pakistan and China have reaffirmed their strong determination to counter all threats and designs against China Pakistan Economic Corridor (CPEC) and Islamabad-Beijing friendship, ARY News reported on Wednesday.
“Pakistan reaffirmed its commitment to the safety and security of all Chinese personnel, projects and institutions in Pakistan. The Chinese side appreciated Pakistan’s strong determination and vigorous measures in this regard,” said a joint statement of China and Pakistan.
The joint statement was issued after Prime Minister Shehbaz Sharif concluded his two-day official visit to the People’s Republic of China, which was his first bilateral visit after assuming office.
Noting completion of a decade of CPEC’s remarkable achievements in 2023, the two sides expressed satisfaction at CPEC’s contribution to socio-economic development of the two countries.
The two sides recognized climate change as an existential threat and undertook to make concrete and concerted efforts to mitigate and adapt to the adverse impact of climate change.
Both the leadership recognized that the recent floods in Pakistan were closely linked to the adverse impact of climatic change for which developing countries bear little responsibility, but were subject to a disproportionate impact.
The two sides called on developed countries to fulfill their commitments, take the lead in emissions reduction to ensure the development rights and space for developing countries, and provide adequate climate financing to developing countries.
Appreciating Pakistan’s initiative to combat human-induced climate change and China’s initiative to promote green cooperation under the Belt and Road Initiative, the two sides agreed to step up cooperation in such areas as ecosystem restoration and water resource management.
PM Shehbaz Sharif reaffirmed his government’s willingness to commit to high quality development of the Belt and Road Initiative (BRI) and highlighted the salience of the China-Pakistan Economic Corridor (CPEC), a flagship project under BRI, to Pakistan’s economic and social development.
Recognizing that ML-1 is a project of key significance under the CPEC framework and of importance to Pakistan’s socio-economic development, the two sides agreed to build upon the leadership consensus and to advance the process of its earliest implementation.
They also agreed to actively advance the Karachi Circular Railway, which was an urgent requirement for Pakistan’s biggest city.
Recognizing the significance of the Gwadar port as the leading project of CPEC and an important node in cross regional connectivity, both sides expressed satisfaction on the completion of key projects and agreed to speed up progress on other related projects of the Gwadar port and free zone.
The Chinese side appreciated the efforts of the Pakistani government to vigorously develop renewable energy projects including solar projects which aligns with the green, low carbon and environmental development of energy sector, and encourages participation of Chinese companies in this Pakistani endeavor.
The two sides agreed to actively promote the implementation of Framework Agreement on Industrial Cooperation to support Pakistan’s industrial development.
The Chinese side expressed willingness to actively support the Pakistani side in expanding export to China and welcomed quality goods including food and agricultural products from Pakistan to enter the Chinese market.
They also agreed to work together to further strengthen the implementation of the Quadrilateral Traffic in Transit Agreement (QTTA), which was an important pillar of regional connectivity.
Acknowledging the massive size of China’s e-commerce market and its potential to further bolster bilateral trade, the two sides welcomed the signing of an MOU on e-commerce and jointly supported the establishment of Pakistan’s country pavilions on China’s e-commerce platforms.
The two sides agreed to further strengthen cooperation on online payment systems, logistics, warehousing and customs facilitation, and enhance collaboration between start-ups and micro, small and medium-sized enterprises.
On Afghanistan, the two sides agreed that a peaceful, prosperous, interconnected and stable Afghanistan is fundamental to regional prosperity and progress.
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They expressed satisfaction with the outcome of the three Foreign Ministers’ meetings of the six neighbouring countries of Afghanistan and looked forward to the next meeting to be held in Uzbekistan.
The two sides underscored the need for the international community to provide continued assistance and support to Afghanistan including through unfreezing of Afghanistan’s overseas financial assets.
The two sides signed and concluded a number of agreements/MoUs, covering bilateral cooperation in areas of e-commerce, digital economy, export of agricultural product, financial cooperation, protection of cultural property, infrastructure, flood relief, post-disaster reconstruction, GDI, animal disease control, livelihood, cultural cooperation, space, geosciences as well as law enforcement and security.
Chinese leaders appreciated the long-standing commitment of the prime minister to Pakistan-China friendship.
Prime Minister Shehbaz Sharif reaffirmed Pakistan’s commitment to further strengthen and deepen Pakistan-China all-weather strategic cooperative partnership and enhance practical cooperation in all areas.
The two sides noted the key role of various bilateral cooperation mechanisms for deepening strategic communication and welcomed the holding of the Spokespersons Dialogue and the Consultations on Arms Control and Disarmament.
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