PM Shehbaz, Chinese premier reaffirm working on CPEC 2.0 as firms ink 21 MoUs

Prime Minister Shehbaz Sharif and Chinese Premier Li Qiang reaffirmed on Thursday to work together on the China-Pakistan Economic Corridor’s (CPEC) second phase in a meeting that the former termed “most productive” as business firms inked 21 memorandums of understanding (MoUs). Pakistan and China share a longstanding strategic partnership with ties that span various sectors, including trade, energy, defence, and infrastructure. PM Shehbaz is currently on a six-day visit to China, where he attended the Shanghai Cooperation Organisation (SCO) summit held from August 31-September 1. “Both sides also agreed to continue working closely on the next phase of upgraded CPEC 2.0, with its five new corridors,” said a statement today by the Press Information Department (PID) following the meeting in Beijing.