Pakistani Prime Minister Shehbaz Sharif is embarking on an official visit to China from June 4 to 8, aiming to strengthen the already robust trade relationship between the two neighboring nations. The visit underscores the growing economic ties that have positioned China as Pakistan’s largest trade partner for eight consecutive years.
According to official Pakistani data, China has consistently been Pakistan’s largest source of imports and stands as its second-largest export destination. The bilateral trade has seen significant growth over the past years, fostering economic development and mutual prosperity.
The visit is expected to focus on enhancing cooperation under the China-Pakistan Economic Corridor (CPEC), a flagship project of China’s Belt and Road Initiative (BRI). CPEC has been instrumental in developing Pakistan’s infrastructure and energy sectors, contributing to regional connectivity and economic integration.
Experts believe that PM Sharif’s visit will pave the way for new agreements and investment opportunities, further deepening the strategic partnership between Pakistan and China. The two countries share a history of close diplomatic relations, often described as “iron brothers,” reflecting their long-standing mutual support.
As global economic landscapes shift, the strengthening of China-Pakistan trade relations holds significant importance not only for the two countries but also for the broader region. The visit signals a commitment to continued collaboration and shared growth in the years ahead.
Reference(s):
cgtn.com
