China doesn't reveal if it offered loans to Pakistan

Pakistan       by Mahmood Idrees | Published

In this connection, a senior level delegation comprising of federal secretaries of finance, foreign affairs, planning and development and commerce along with the State Bank of Pakistan governor will undertake a visit to China during the current week to work out the modalities with the Chinese authorities in their respective areas.

The delegation will hold talks with Chinese officials to finalise a possible economic package, in a follow-up to Prime Minister Imran Khan's five-day visit to China last week.

The two sides believe that China-Pakistan relations have experienced the test of time and environmental changes at home and overseas and are constantly moving forward. He also said that China had assured "every kind of assistance" to Pakistan. "I want to make that clear in unequivocal terms that we do not have any balance of payments crisis now".

China has invested tens of billions of dollars in Pakistan in recent years as part of its Belt and Road Initiative - which aims to link the economies of Asia, Africa and Europe via huge infrastructural projects.

They also agreed to continue to firmly promote the construction of the China-Pakistan Economic Corridor and establish a social and livelihood working group to promote the continuous expansion of the corridor.

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During Khan's visit to China, Pakistan media reported that Beijing had agreed to provide $6 billion in aid to the cash-strapped country which included a loan of $1.5 billion along with an additional package of $3 billion for the CPEC.

"Imran Khan is the father of the child", superior court commissioner Anthony Jones said in a brief hearing in the USA court, according to the petitioner.

Chinese leaders such as President Xi Jinping and Premier Li Keqiang had friendly exchanges with him and established good relations. "We believe our ties withstood the test of times in domestic and worldwide changes", she said.

As per details, the two sides noted with satisfaction that the China Pakistan Economic Corridor's first stage, which comprised of infrastructure and energy sector improvements, has nearly been completed.

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