Wednesday, May 29, 2024

Pakistan, China Agreed on a batch of Projects During 3rd Belt and Road Forum for International Cooperation

During the 3rd Belt and Road Forum for International Cooperation, Pakistan and China solidified their collaborative efforts across a diverse range of projects, encompassing infrastructure, climate, energy, media, and more. This signifies their commitment to further strengthening their strategic partnership:

  1. A five-year action plan for deepening highway technical cooperation (2023-2027) aims to enhance the infrastructure connectivity between the two countries, facilitating smoother trade and transportation.
  2. The Memorandum of Understanding (MoU) on the establishment of an expert exchange mechanism under the China-Pakistan Economic Corridor (CPEC) framework emphasizes knowledge-sharing and expertise development.
  3. Cooperation documents on environmental protection, sustainable development, and addressing climate change underline their shared commitment to addressing environmental challenges.
  4. Cooperation in official media signifies closer media ties, promoting understanding and collaboration between the two nations.
  5. The establishment of a China-Pakistan joint laboratory for small hydropower technology under the Belt and Road Initiative (BRI) highlights their mutual interest in clean energy solutions.
  6. The Orange Line operation and maintenance service project and the Gwadar New International Airport project are critical infrastructure developments within the CPEC framework, enhancing transportation and connectivity.
  7. The Chaoyang Long March tire project (Phase II) bolsters the automotive industry, contributing to economic development.
  8. The handover of the Gwadar desalination plant project addresses the growing need for fresh water supply in Gwadar, a key port city in the region.
  9. The exchange of notes on the polio vaccine project demonstrates shared efforts to combat a pressing health issue, improving the well-being of both nations.

These agreements underscore the deepening collaboration between Pakistan and China and signify their commitment to regional development and cooperation across multiple sectors.

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