Pakistani Delegation Leaves for China to Finalize Financial Aid Package

epa000466534 (FILES) A file picture dated 11 June 2005 shows a Pakistani (R) and Chinese (L) national flag flying at 4,730 meters high Khunjerab Pass, a high pass on the northern border of Pakistan with China. Pakistan and China signed a protocol at the Khunjerab Pass on Saturday 25 June 2005, foreseeing the export of Pakistani rice to the Chinese market. Pakistan's total rice export is around three million metric tonnes (Mmts) while Iran being the largest importer is buying 0.8 Mmts. EPA/OLIVIER MATTHYS

Pakistani Delegation Leaves for China to Finalize Financial Aid Package

On Thursday, a high-level Pakistani delegation left the country for China to conclude a potential relief package to balance financial crisis.

The team of delegations include secretaries of finance, trade and planning, along with the governor of the State Bank of Pakistan.

The visit has scheduled talks with the Chinese officials to finalize an economic package for the relief of the country’s financial crisis. This trip will be a follow-up of Imran Khan’s five-day visit to China, which took place last week.

Sources state that the talks will also be related to Pakistani products being made available in Chinese markets.

Finance Minister Asad Umar also confirmed the news of China preparing a relief package after prime minister’s visit.

He also mentioned that the discussions also encompassed long-term relationship and investment with China.

Meanwhile, Chinese Foreign Ministry representative Hua Chunying, on Wednesday confirmed China and Pakistan to be an all-weather strategic partners, during a press briefing. He also said that the countries’ have a high-standard relationship.

“China has been providing utmost assistance to Pakistan as its capacity allows. We will continue to offer assistance and support within our capacity to Pakistan for its economic and social development in light of its needs and upon agreement by both sides,” the representative said.


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