Pakistan, China for keeping up momentum of partnership


ISLAMABAD  –  Chinese Ambassador Yao Jing called on Finance Minister Dr Shamshad Akhtar here on Wednesday.

During the meeting, they discussed Pak-China economic cooperation in various sectors and also had exchange of views on projects being undertaken under the ambit of CPEC.

Finance minister highly appreciated the continued cooperation provided by China in economic development of the country.

The minister also briefly shared with the Chinese envoy Pakistan’s standpoint on FATF issues presented at the just concluded conference at Paris.

She said Pakistan strongly reiterated its commitment in taking all possible steps against terror financing and money laundering.

She said Pakistan has made countless sacrifices in the war on terror which have been recognised the world over. It will take steps with the same spirit to check any sort of financing nurturing acts of terror, she added.

Yao Jing said it was heartening to note Pakistan’s stance on FATF issues. He also expressed appreciation on government’s resolve to strengthen economy in the face of some challenges.

He said China would always stand by Pakistan wherever and whenever needed. He assured the minister of his strong resolve for efforts aimed at keeping up the momentum of bilateral economic partnership.

Meanwhile, Ambassador of Pakistan to the Kingdom of Saudi Arabia Khan Hasham Bin Saddique and Secretary General of the Gulf Cooperation Council (GCC) Abdul Latif Bin Rashid Al-Zayani have agreed to enhance the trade ties commensurate with their long-established strategic ties in the region.

Both sides also agreed to undertake mutual efforts in the coming months to enhance Pakistan-GCC ties in all spheres, a press release from the Consulate General of Pakistan, Jeddah Wednesday said. Pak ambassador called on GCC secretary general at the GCC Secretariat in Riyadh.

The GCC secretary general acknowledged the importance of Pakistan-GCC relations and expressed his desire to further enhance GCC-Pakistan trade relations. He also expressed the readiness of the GCC to resume the dialogue with Pakistan for conclusion of the Pak-GCC Free Trade Agreement.

Ambassador Khan Hasham Bin Saddique briefed the secretary general of the trade and economic potential of Pakistan, in particular the geographical proximity, its growing role and importance in regional connectivity, as well as the presence of Pakistan’s largest expatriate population in the GCC countries. He also highlighted the significance of China-Pakistan Economic Corridor (CPEC), which had further added to the attractiveness of Pakistan’s trade and investment potential. The GCC secretary general also expressed his desire to visit Pakistan soon.