From Foreign Policy Sharif visits China to sign agreements - TopicsExpress

From Foreign Policy Sharif visits China to sign agreements Pakistani Prime Minister Nawaz Sharif left on Friday for a two-day visit to China where he will sign 27 Memoranda of Understanding and agreements on a trade corridor connecting Pakistan with Central Asia, 21 of which agreements are related to energy (ET, Dawn). The energy agreements will cost an estimated $33 billion while other development project agreements will cost $4 billion (ET). Sharif will also attend the Asia-Pacific Economic Cooperation Informal Leaders meeting in Beijing. Mussadiq Malik, spokesperson for Sharif, told reporters that Sharifs visit to China is aimed at rebuilding investor confidence in Pakistan, adding that: Whatever investment the Chinese will be making as a result of these projects will not be a loan to the government of Pakistan.

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