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China and Pakistan sign 23 Memoranda of Understanding to strengthen their bilateral relations in a number of fields.

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On Friday, Pakistan and China inked 23 memoranda of understanding to expand their bilateral cooperation in a number of areas, including media, health, water, transportation infrastructure, industry, energy, agriculture, socioeconomic development, and other areas of shared interest.

According to a Foreign Office spokesperson, the memorandums of understanding were signed following delegation-level discussions between Chinese Premier Li Qiang and Pakistani Prime Minister Shehbaz Sharif in Beijing. During these discussions, the leaders reaffirmed the shared principles, mutual trust, and strategic governance that define the Pakistan-China Strategic Cooperative Partnership.

Additionally, both parties reaffirmed their unflinching support for each other’s core issues and their dedication to the timely completion of ongoing projects as well as the high-quality advancement of the China-Pakistan Economic Corridor (CPEC). Prime Minister Shehbaz PM reiterated his commitment to guaranteeing the safety and security of Chinese people and projects in Pakistan. Both parties also agreed to defend the CPEC against critics and foes.

The two nations decided to keep up high-level talks and consultations on issues of bilateral and international importance, especially during Pakistan’s two-year tenure as a non-permanent member of the UN Security Council in 2025–2026. This included strengthening institutional ties in all levels and domains.

According to the spokeswoman, the prime minister has met with Chinese businessmen and investors since coming to China to discuss potential economic ventures in Pakistan. Throughout the gathering and related activities, such as a business conference held in Shenzhen, he urged Chinese enterprises to make investments and form partnerships.

In the areas of manufacturing, green energy, textiles, and the economy, numerous memoranda of understanding have also been inked with Chinese businesses. The prime minister promised Chinese media before his five-day tour that he would meet with Chinese business leaders in an effort to secure investments and produce returns that would benefit both parties.

“We have some really big ideas coming up. Our engagement with you will yield significant benefits for Chinese and Pakistani companies upon our return to Pakistan. As a result, the two nations’ relations will be fortified and elevated beyond the Himalayas and other high points, as well as the deepest oceans.

PM and Chinese leader meet.
At the Great Hall of the People in Beijing, Prime Minister Shehbaz Sharif and Chinese Premier Li Qiang had delegation-level talks about the bilateral ties and collaboration between their two nations. Prominent members of the premier’s cabinet accompanied him.

A welcome ceremony was organized in the prime minister’s honor upon his arrival at the Great Hall of the People. The two presidents addressed happenings in the region and worldwide that they both found interesting while debating the full range of bilateral relations.

Additionally Read: PM Shehbaz Sharif is driving economic change with the creation of new cabinet committees.

On Pakistan’s election as a non-permanent member of the UN Security Council, Premier Li congratulated Prime Minister Shehbaz Sharif. Along with expressing their sustained commitment to and support for the high-quality development of CPEC, the two leaders reaffirmed their unshakable support for one another on fundamental concerns.

With a focus on science and technology, industrial development, modernizing agriculture, and the creation of Special Economic Zones for the mutual benefit and socioeconomic advancement of Pakistan, Pakistan and China have vowed to defend CPEC against detractors and guarantee the prompt completion of all ongoing projects.

After talking about how crucial Gwadar is to the CPEC, the two sides decided to move quickly to finish all associated infrastructure projects so that Gwadar may become a hub for the regional economy.

Premier Li Qiang honored the prime minister with an official banquet following the meeting.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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