Close X
Monday, September 23, 2024
ADVT 
International

Pakistani PM to visit China

Darpan News Desk IANS, 07 Nov, 2014 11:50 AM
    Pakistani Prime Minister Nawaz Sharif is visiting China from Friday during which he is scheduled to sign projects worth $35-40 billion.
     
    After the two-day visit, Sharif will make brief trips to Germany and Britain, Dawn online reported.
     
    Mussadiq Malik, the newly-appointed spokesperson for the prime minister, said the visits were aimed at rebuilding investor confidence that is visibly shaken by the ongoing political crisis in the country.
     
    "Whatever investment the Chinese will be making as a result of these projects will not be a loan to the government of Pakistan," Malik said.
     
    The Chinese have agreed to provide this money directly to the companies, he said.
     
    Chinese President Xi Jinping was due to visit Pakistan in September, but he called off his trip due to political protests in Islamabad.
     
    The projects to be signed include 14 deals exclusively aimed at the production of a total of 10,400 MWs of electricity in the coming years, infrastructure development, laying new railway lines and reconstruction of roads.

    MORE International ARTICLES

    Modi's US visit extremely successful, energised ties: White House

    Modi's US visit extremely successful, energised ties: White House

    The US visit of Indian Prime Minister Narendra Modi was "extremely successful" and his ...

    Modi's US visit extremely successful, energised ties: White House

    US, India in for intensive engagement with 'reenergized strategic partnership'

    US, India in for intensive engagement with 'reenergized strategic partnership'
    US and India are lining up a "pretty ambitious agenda of engagement" to quickly move forward on things discussed during Prime Minister Narendra Modi’s US....

    US, India in for intensive engagement with 'reenergized strategic partnership'

    76 mn accounts hacked in August: JP Morgan Chase

    76 mn accounts hacked in August: JP Morgan Chase
    US banking giant JP Morgan Chase has issued updated information about a cyber attack which it suffered in August and that approximately 76 million current....

    76 mn accounts hacked in August: JP Morgan Chase

    5.5 magnitude quake hits Japan

    5.5 magnitude quake hits Japan
    The quake hit off Iwate Prefecture in northeast Japan, but no tsunami alerts along the coast have been issued, Xinhua quoted the the Japan Meteorological....

    5.5 magnitude quake hits Japan

    15 militants killed in Pakistan airstrikes

    15 militants killed in Pakistan airstrikes
    The suspected militants were killed in Jamrud and Bara areas of northwestern Pakistan's Khyber tribal region, Dawn online reported citing the....

    15 militants killed in Pakistan airstrikes

    Hong Kong protests continue, students demand chief executive's ouster

    Hong Kong protests continue, students demand chief executive's ouster
    Pro-democracy protests continued in Hong Kong for the fifth day Thursday with students threatening to take over government buildings unless the territory's chief executive, Leung Chung-ying, resigns by the end of the day.

    Hong Kong protests continue, students demand chief executive's ouster