China-Pakistan: Unprecedented 11 agreements cement the future

Categorized | China CA, Current Affairs, Pak CA

China-Pakistan: Unprecedented 11 agreements cement the future

Posted on 15 October 2008. Tags: Asif Zardari, China Pakistan nexus, Hu Jintao

China and Pakistan have signed an unprecedented eleven agreements on a vast spectrum of subjects. We have reported on the wishes of the Pakistani people-a close relationship with China. President Zardari’ trip to China was a culmination of the wishes of the people. Frequent contacts with between the Chinese and Pakistani leadership augers well for the two nations, the region and the world. Friendship towards all and enmity towards none.

An expanded FTA, increased trade zones, new high speed rail links between Gwader and Beijing, a $300 million Electronic complex, space cooperation, $1.5 Billion, in addition to the six industrial zones and Chinese international universities will go a long way in increasing the growth rate of Pakistan and will deepen the China-Pakistan ties.

CHINESE STRATEGY

The agreements signed are reflective of the high level of importance that the leaders give to each other. Pakistani-Chinese agreements are profound and deep. They are not signed under the glare of floodlights and they are executed in silence and with deep sincerity.

Chinese Pakistani Nexus map. The Trade between China and Pakistan consolidates a friendship as old as the Himalayas

It is clear that China will assist Pakistan is energy (nuclear and otherwise), agriculture, industry, minding, telecom, disaster relief, and space technology. Chinese help and assistance in building the Heavy Mechanical Complex and Kamra Aeronautical complex was extremely helpful in building the infrastructure of Pakistani industry. A press release by China said the two leaders agreed on increasing trade and economic ties and accelerate the implementation of the Five Year Development Programme on Economic Cooperation.

CHINESE ARMS INDUSTRY

The establishment of the National Electronics Complex of Pakistan (NECOP) will ensure independence and improvement in electronics which is the enabler for the creation of many industries.

Pakistan, China sign 11 pacts

* Agreements to boost ties in trade, energy, agriculture, mining, industry, infrastructure, disaster relief and space technology
* Zardari offers ‘preferential treatment’ to Chinese investors

BEIJING: Pakistan and China on Wednesday signed 11 agreements, memorandums of understanding and protocols to enhance bilateral co-operation in trade, energy, infrastructure, agriculture, industry, mining, telecommunication, disaster relief and space technology.

In a ceremony at the Great Hall of the People, President Asif Ali Zardari and his Chinese counterpart Hu Jintao saw the signing after an hour-long one-on-one interaction and two hours of delegation-level talks. The two presidents will issue a joint statement today (Thursday).

“The two leaders and their delegations had wide-ranging discussions in a cordial atmosphere characteristic of long-standing ties between the two countries,” Pakistan’s Ambassador in China Masood Khan told reporters after the signing of pacts.“The talks emphasised enhancing economic co-operation on strong footings in multiple dimensions,” he added.

CHINA AND PAKISTAN

Chinese investors: The president’s engagements on Wednesday also included detailed interaction with the heads and chief executives of major Chinese companies working in banking, steel, mineral, cement, and trade sectors.

Talking to over 200 top Chinese businessmen during a luncheon meeting at the State Guest House, Zardari offered ‘preferential treatment’ to Chinese investors in Pakistan, urging them to “take advantage of the country’s geo-strategic location”.

Sino-India relationship and Pakistan

During the talks, President Hu Jintao congratulated President Zardari on his election and said he was confident that ties between the two countries would improve under his leadership.

He praised the Bhutto family’s contribution to the development of ties between Pakistan and China and said there were special relations between Zulfikar Ali Bhutto and Chinese leaders Mao Zhe Dong and Zhou Enlai. A press release by China said the two leaders agreed on increasing trade and economic ties and accelerate the implementation of the Five Year Development Programme on Economic Cooperation.

Jintao condemned the recent terrorist attacks in Pakistan. Zardari reaffirmed Pakistan’s resolve to fight terror and said the war was in Pakistan’s interest. The two countries also signed a framework agreement to jointly establish a $300 million National Electronics Complex of Pakistan (NECOP). agencies.

3 Responses to “China-Pakistan: Unprecedented 11 agreements cement the future”

Irtiza says:

October 16, 2008 at 12:22 am

http://geo.tv/10-16-2008/27018.htm

Salam Sir….Hussain Haqqani has said that Political Cell of ISI has come to an end…..what exactly does it mean???& few days back there were a lot of changes in ISI specially the DG….can I have comments from u on this…

Wasalam

Reply
Neel288 says:

October 18, 2008 at 1:10 am

Good for Pakistan, 11 agreements with the economic miracle of 21st century, China !
All its economic woes are now going to disappear like magic, as China is waiting to pour-in billions of dollars into Pak economy.
Bye bye US grants, and loan waivers !

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Moin Ansari says:

October 18, 2008 at 8:10 am

Pakistan’s 9% growth rate was derailed to 5.8% in 2008. A delibitating earthquake, and destabilizing efforts by Indian intelligence agents in SWAT and FATA did create fiscal and political issues for Pakistan. The loss to Pakistan because of the war in Afghanistan was $20 Billion per annum. That has expanded to $50 Billion now. Contrary to some beliefs, the current budget deficits are due to the oil prices and an empowered and liberal import policy that came out of 8 year expansion cycle. These issues are cyclical and faced by Argentina, Brazil, the USA and UK also.

The new government, the war in Afghanistan, and some capital flight led to some of the temporary woes. Higher energy usage because of the increased wealth (cars, air conditioners) led to a shortages of electricity.

The US admitting defeat in Afghanistan is now talking to the Taliban. As the NATO and IASAF fdorces retreat, the 107 Indian Consulates will be sent home packing bringing Afghanistan back to the road of normalcy and possibly reunion with Pakistan.

An expanded FTA, increased trade zones, new high speed rail links between Gwader and Beijing, a $300 million Electronic complex, space cooperation, $1.5 Billion, in addition to the six industrial zones and Chinese international universities will go a long way in increasing the growth rate of Pakistan and will deepen the China-Pakistan ties.

As the world financial markets falter, Pakistan was the first to feel the pressure, and the first to get out of it. By next year, the emphasis on agriculture and energy will enable Pakistan to overcome this years fiscal difficulties.

The Indian glee at the temporary fiscal woes shows the deep enmity towards Pakistan and Pakistanis and hides the dismal ranking of India in the Hunger Index jsut release. The hunger index ranks India the lowest in South Asia, worse off than Burkino Faso and slightly better than Haiti and Bangladesh. So much for “Incredible India”

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