Friday, July 31, 2026

Pakistan, China agree to deepen trade, maintain close communication

Date:

Pakistan said on Wednesday (May 21) it had agreed to deepen trade and investment with China, days after the end of a deadly conflict with India that Beijing urged should be resolved through dialogue.Arch rivals India and Pakistan agreed to a ceasefire on May 10, after four days of fighting, the worst in nearly three decades. Tensions escalated between the nuclear-armed neighbours after an attack in Indian Kashmir on April 22 that killed 26 men.
India blames Pakistan for the attack but Islamabad has denied any involvement. Pakistan’s Foreign Minister Ishaq Dar met his counterpart Wang Yi in Beijing on Tuesday (May 20).
China welcomes and supports efforts by Pakistan and India to handle their differences through dialogue and to achieve a comprehensive and lasting ceasefire, Wang Yi said. Wang told Dar that China will support Pakistan in safeguarding its national sovereignty and territorial integrity, according to a statement from the Chinese foreign ministry.Read more: Afghanistan’s new dam plans could cut water supply to Pakistan, claims Baloch activist

Apart from maintaining close communication, the two countries agreed to more cooperation in trade, investment, agriculture, industrialisation, and other sectors, Pakistan’s foreign ministry said.

Separately, Pakistan’s foreign ministry said that Dar and Wang held another meeting with Acting Foreign Minister of Afghanistan Amir Khan Muttaqi in Beijing. The leaders decided to extend the China-Pakistan Economic Corridor to Afghanistan and cooperate further for China’s global infrastructure program, the Belt and Road Initiative. The next meeting between the three leaders will be held in Kabul, the ministry said.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Deficit turned into dependence? India’s growing trade deficit with China

At present China has taken over the US as...

Why Qualcomm believes India can become a global semiconductor manufacturing hub

India is well placed to become a major global...

VST Industries Q1 profit falls 25%, margins contract as higher cigarette taxes weigh

The manufacturer and distributor of cigarettes and tobacco leaf,...

Banks to disclose bulk deposit rates daily as RBI revamps pricing rules

The Reserve Bank of India (RBI) has overhauled the...