China, Pakistan sign 4 MoUs for flood relief, tech cooperation & development

News Image

MG News | April 24, 2024 at 03:53 PM GMT+05:00

0:00

April 24, 2024 (MLN): China and Pakistan on Wednesday signed four Memorandums of Understanding (MoUs) focusing on Flood Rehabilitation, Information and Communication Technologies, Juncao Technology, and China-Pakistan Development Cooperation Planning (2024-2028).

These MoUs also include the establishment of a First Aid Centre in Balochistan and the Protocol on Cooperation in Human Resources Development under the Global Development Initiative.

According to a press statement released yesterday, Prime Minister Muhammad Shehbaz Sharif witnessed the signing ceremony along with a high-level delegation of the Chinese International Development Cooperation Agency (CIDCA), led by its Chairman Luo Zhaohui.

Welcoming the delegation, the Prime Minister said China is Pakistan’s most trusted friend and appreciated China’s steadfast support to Pakistan.

Acknowledging CIDCA’s pivotal role in bolstering Pakistan’s economic development, the Prime Minister specifically commended CIDCA for its vital support during the 2022 floods and for its relief, rehabilitation, and reconstruction efforts in Pakistan.

The Prime Minister underscored that CPEC has contributed to Pakistan’s socio-economic development as well as the progress and prosperity of the peoples of two countries.

He hoped that the II of CPEC would result in more industrial, scientific and green development.

CPEC-II is also an opportunity for the private sectors of both countries to form joint ventures, he added.

Chinese Ambassador in Pakistan Jiang Zaidong also attended the meeting.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 152,740.38
147.44M
-1.01%
-1551.88
ALLSHR 91,858.47
324.25M
-0.86%
-800.10
KSE30 46,223.61
86.89M
-1.45%
-681.25
KMI30 219,130.92
66.08M
-1.15%
-2553.50
KMIALLSHR 59,625.28
139.61M
-0.93%
-562.17
BKTi 42,104.46
39.09M
-2.02%
-866.56
OGTi 32,077.87
10.13M
-1.27%
-414.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,880.00 71,480.00
69,710.00
-480.00
-0.68%
BRENT CRUDE 108.49 111.22
105.05
-0.16
-0.15%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.80
-10.61%
ROTTERDAM COAL MONTHLY 123.30 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 95.84 96.45
92.47
0.29
0.30%
SUGAR #11 WORLD 15.49 15.62
15.27
0.12
0.78%

Chart of the Day


Latest News
March 20, 2026 at 02:24 AM GMT+05:00

Jazz launches 5G services in Pakistan


March 20, 2026 at 01:47 AM GMT+05:00

SBP reserves have increased for the 32nd consecutive week


March 19, 2026 at 03:56 PM GMT+05:00

PKR holds firm, closes flat against USD


March 19, 2026 at 03:41 PM GMT+05:00

CCP approves merger of Cyan, DH Partners into DLL



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg