Pakistan PM to strengthen economic ties, meet top investors in China next week – foreign office

Pakistan's newly elected Prime Minister Shehbaz Sharif, inspects the honor guard at the Prime Minister's House in Islamabad, Pakistan on March 4, 2024. (REUTERS)
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Updated 31 May 2024
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Pakistan PM to strengthen economic ties, meet top investors in China next week – foreign office

  • Shehbaz Sharif will start his four-day China visit from June 4 to set the ‘future trajectory’ of the strategic ties
  • PM will hold meetings with the Chinese president, senior officials and members of the business community

ISLAMABAD: Prime Minister Shehbaz Sharif’s upcoming four-day visit to China next week will prioritize meetings with top companies and investors, Pakistan’s foreign office said on Friday, highlighting the focus on strengthening economic ties between the two nations.

Earlier today, the PM asked Pakistani officials to carve out a “comprehensive plan” for business-to-business (B2B) engagements during his visit to China on June 4-8 as the South Asian country seeks to woo Chinese investors.

Sharif’s visit comes at a time when Pakistan is looking to boost foreign investment to support its fragile economy after averting a default last year, thanks to a $3 billion International Monetary Fund (IMF) bailout.

“An important aspect of the PM’s visit will be meetings with corporate executives of leading Chinese companies dealing in oil and gas, energy, ICT [information and communication technology], and emerging technologies,” foreign office spokesperson Mumtaz Zahra Baloch said.

She informed during her weekly media briefing Sharif would visit Beijing, Xi’an and Shenzhen, adding he would hold delegation-level talks with President Xi Jinping, Prime Minister Li Qiang, Chairman of the Standing Committee of the National People’s Congress Zhao Leji and heads of key government departments.

She said the PM would also address the Pakistan-China Business Forum attended by leading businesspeople, entrepreneurs and investors from both countries. He would also visit the economic and agricultural zones in China.

Baloch noted the cooperation between the two states during the visit would set the future trajectory of the Pakistan-China strategic partnership.

COUNTERTERRORISM

Asked if Islamabad had officially urged Beijing to talk to Kabul about the terror threat Pakistan faced, she said both countries had several channels of communication where everything including terrorism was discussed.

“So, these talks continue,” she said. “I am not in a position to share internal deliberations and privileged diplomatic conversations. Pakistan and China have been discussing issues relating to terrorism, relating to security of Chinese nationals in the country.”

The spokesperson informed the two countries had agreed to further strengthen cooperation in counterterrorism and security through a comprehensive approach.

“We have made a clear public statement about how we will work together to combat terrorism,” she added. “No attempt to undermine our cooperation and friendship will ever succeed.”

Earlier today, Pakistan’s interior secretary Muhammad Khurram Agha held a meeting with Afghanistan’s interim deputy interior minister Muhammad Nabi Omari in Kabul and shared with him findings of a March 26 suicide attack in northwest Pakistan that killed the five Chinese nationals and their Pakistani driver.

The Chinese workers were killed when a suicide bomber rammed his car into their vehicle while they were on their way to the Dasu hydropower project in Pakistan’s northwestern Khyber Pakhtunkhwa province.

Islamabad blamed the Tehreek-e-Taliban Pakistan (TTP) for the attack, with Pakistan’s interior minister saying last week the bombing was coordinated by TTP members from Afghanistan, asking Kabul to arrest and hand over the suspects involved in the crime.


Babar Azam ends century drought as Pakistan seal Sri Lanka ODI series

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Babar Azam ends century drought as Pakistan seal Sri Lanka ODI series

  • Pakistan chase down 289 with strong partnerships by Azam, Fakhar Zaman and Mohammad Rizwan
  • Sri Lanka’s 288–8, anchored by Janith Liyanage’s 54, wasn’t enough after multiple dropped catches

RAWALPINDI: Babar Azam hit his first international century since August 2023 to lift Pakistan to an emphatic eight-wicket win over Sri Lanka in the second day-night international on Friday.

Azam notched an unbeaten 102 for his 20th one-day international century to help Pakistan overtake Sri Lanka’s 289-run target at Rawalpindi Stadium.

The win gave Pakistan a 2-0 unassailable lead in the three-match series with the final match on Sunday. Pakistan won the first match by six runs — all in Rawalpindi.

Arriving at the crease amidst a huge roar from the crowd after opener Saim Ayub fell for 33 in the 10th over, Azam played his famous cover drives to perfection.

He reached the three-figure mark with a pulled single off pacer Pramod Madushan, raised his bat to the crowd before bowing to the ground.

Azam had gone 33 ODI innings without a hundred and 82 innings in all, including Tests and Twenty20 internationals.

Azam added a 100-run stand for the second wicket with Fakhar Zaman who scored an aggressive 78 with a six and eight boundaries to set up a successful chase.

Sri Lanka fumbled in the field, dropping Zaman on 20, 28 and 78 before Janith Liyanage pulled off a stunner off pacer Dushmantha Chameera but it was too late.

Building on the platform, Mohammad Rizwan, who scored 51 not out, added another 112 for the unbroken third wicket stand with Azam deservedly hitting the winning single.

Azam cracked eight boundaries while Rizwan’s knock had a six and five boundaries.

A delighted Azam said: “I was also waiting for my century, so I am thankful to the Almighty,” said Azam. “It is more delightful that it has come in the team’s win.”

Sri Lankan skipper Charith Asalanka said: “We were outclassed by Pakistan.

“We did not score a big total and then had quite a few dropped catches which did not help us.”

Earlier, spinner Abrar Ahmed finished with 3-41 while pace bowler Haris Rauf claimed 3-66 as Sri Lanka scored 288-8 after they were sent in to bat.

Liyanage top-scored with a fighting 54, hitting a six and two fours.

Liyanage added 61 for the fifth wicket with Sadeera Samarawickrama, who made 42, and another 73 for the sixth with Kamindu Mendis, who scored 44.

Sri Lanka made a confident start of 51 before Pathum Nissanka was run out for 24 attempting a third run.

Abrar then derailed the innings with three wickets, removing Kamil Mishara for 27, Kusal Mendis for 20 and Asalanka for six in the space of 36 runs.

Rauf dismissed Samarawickrama and Kamindu to compensate for the absence of captain Shaheen Shah Afridi, who missed the match with a fever.

Wanindu Hasaranga chipped in with a brisk unbeaten 37 off 26 balls, adding 44 at the end with Pramod Madushan, who was 11 not out.

The second ODI was delayed by a day after several Sri Lankan players considered abandoning the tour over security fears following Tuesday’s suicide bombing in Islamabad, just a few miles from the stadium.

But the Pakistan Cricket Board and Sri Lanka Cricket managed to convince the players to stay with enhanced security measures.