PM to depart for crucial China visit, aims to bolster economic ties

February 03, 2022 (MLN): Prime Minister Imran Khan would leave for China today on a key visit along with a high-level delegation as political and economic ties between both countries are the fundamental components for bilateral relations, Finance Minister Shaukat Tarin said in a video message before leaving for China.

The minister said Pakistan always enjoys a deep-rooted relationship with China and Prime Minister's visit to China would further strengthen the bilateral relations between the two countries.

During his visit, Prime Minister Imran Khan will meet Chinese President Xi Jinping after two years.

PM would invite Chinese entrepreneurs to take benefit of the government’s investment-friendly policies and relocate their industries to the special economic zones just like they repositioned their industries in other countries, Shaukat Tarin said.

PM would also seek support from China to ramp up the Agriculture transformation plan as agriculture growth has a particularly strong impact on overall economic growth, he added.

On IMF approval for a $1billion tranche under the Extended Fund Facility (EFF) program, he said, “IMF loan revival is very welcoming for Pakistan’s economy, indicating that IMF agrees to our economic strategy.”

“This approval will bring stability in our economy and currency,” he concluded.

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