Pakistan's Imran Khan caught in 'begging' broadcast error in China

Frederick Owens
November 9, 2018

"A decision in principle has been taken, but to discuss its modalities, a high-level delegation would go to China on November 9", he said. "I want to make that clear in unequivocal terms that we do not have any balance of payments crisis now", Umar said.

The same was revealed as the Pakistan Prime Minister briefed the federal cabinet on his China visit. "We enjoy very good relationship that has been operating at a very high level", she said.

The delegation will hold talks with Chinese officials to finalise a possible economic package, in a follow-up to Prime Minister Imran Khan's five-day visit to China last week.

During Khan's visit to China, Pakistan media reported that Beijing had agreed to provide $6 billion in aid to the cash-strapped country which included a loan of $1.5 billion along with an additional package of $3 billion for the CPEC.

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"Pakistan is China's all weather partner".

Umar said that after these commitments by China, Pakistan's balance of payments issue was effectively resolved.

The foreign minister also said that he is confident that the discussions held in the recent visit would help Pakistan "double its exports", adding that one of the primary objectives of the China visit was to attend China's export and import exhibition, where 130 countries participated and Pakistan was given a centre stage and keynote address. "If Pakistan is forced to reveal the harsh terms and conditions of Chinese infrastructure projects under an International Monetary Fund bailout, that would be severely damaging to China's strategic and economic interests worldwide", he said. He said Pakistan had agreed to further support two of China's key initiatives in the country - a China-Pakistan Economic Corridor (CPEC) involving billions of dollars in infrastructure investment, and the upgrading of a free trade agreement between the two sides. "In the future, in the light of Pakistan's need and as per our mutual agreement, we will continue to offer help economically and for betterment of people's livelihoods", she said.

The foreign minister underscored that the successful visit had also trashed the notion that Pakistan-China friendship would suffer under the Pakistan Tehreek-e-Insaf (PTI) government. "We believe our ties withstood the test of times in domestic and global changes", she said.

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