Islamabad: Pakistan and China on Monday signed 51 agreements and memoranda of understanding (MoUs) for cooperation in diverse fields with the Chinese President scheduled to unveil a $45-billion investment plan that can help Pakistan end its chronic energy crisis and transform it into a regional economic hub.
Extending his wishes to the “brotherly people of Pakistan” on behalf of the 1.3 billion Chinese people premier Xi said Islamabad stood by Beijing at a time when it stood on the world stage.
Xi is the first Chinese president to address a joint sitting of Parliament. He arrived in Islamabad on Monday on his maiden visit to Pakistan. The much-anticipated visit is the first by a Chinese president after nine years.
“Pakistan is the first foreign country that I visited this year and (it is my) first visit to your country, but Pakistan is not at all unfamiliar to me,” he said.
He also lauded Islamabad’s anti-terror efforts, saying Pakistan had shown great character and courage in the face of adversity.
The joint session was attended by Chinese First Lady Peng Liyuan, chief ministers, governors, service chiefs, diplomats and other important personalities.