China and Pakistan seal new deals

Pakistan honours visiting Chinese president with nation's highest civilian award.


    Hu is the first Chinese president
    to visit Pakistan in a decade

    "China will continue to view its relations with Pakistan from a strategic and long-term perspective and work together with Pakistan to elevate the China-Pakistan strategic partnership to a new high," the statement said.

     

    Hu's visit to Pakistan is the first by a Chinese leader in a decade.

     

    Trade agreement

     

    The two sides also hailed the Free Trade Agreement signed on Friday, saying it would serve as an "engine for balanced growth of volume of trade" between the two countries.

     

    The deal is expected to triple bilateral trade to more than US$15 billion over the next five years.

     

    China also offered Pakistan help with its energy and mining industries.

     

    The two countries vowed to jointly combat terrorism, separatism and extremism, saying those "three forces" posed great threats to regional peace, stability and security.

     

    Nuclear ties

     

    Hu said on Friday after talks with Musharraf that Beijing would carry on cooperating with the nuclear power industry in Pakistan.

     

    China has already built one reactor and is helping to construct another. However, he did not announce any new deals.

     

    Beijing remains Islamabad's largest arms supplier, and the two are jointly developing the JF-17 Thunder fighter aircraft. China has also invested millions of dollars in a deep sea port in southwest Pakistan to access the Arabian Sea.

     

    Hu's visit to Pakistan followed a trip to its South Asian rival, India.

     

    He is scheduled to return to Beijing midway through Sunday after inaugurating an economic zone.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    Heron Gate mass eviction: 'We never expected this in Canada'

    Hundreds face mass eviction in Canada's capital

    About 150 homes in one of Ottawa's most diverse and affordable communities are expected to be torn down in coming months

    I remember the day … I designed the Nigerian flag

    I remember the day … I designed the Nigerian flag

    In 1959, a year before Nigeria's independence, a 23-year-old student helped colour the country's identity.