Islamabad: Pakistani Prime Minister Imran Khan will visit China next month to strengthen their strategic bonds and to advance economic and trade relations between the two countries.
This Chinese visit, which took place after almost two years, would provide an opportunity for both parties to see the state of bilateral cooperation and discuss more projects.
“Visits will strengthen the strategic cooperative partnership all weather between the two countries, and further advances the purpose of building a Chinese-Pakistani community closer to a mutual future in the new era,” said Pakistani Foreign Ministry spokesman Asim Iftikhar in a briefing medium.
Imran Khan will visit China from February 3 to February 5 where he will attend the opening ceremony of the Beijing Winter Olympics and meet Chinese leaders.
In addition to this involvement, the media report said that Imran Khan is expected to be used to find loans of US $ 10 billion from China, Payment Requests for Trade and Resurrection of Pak-China Investment Company Ltd.
Pakistani PM will try to use it travel to find funds for improvement in the social sector and Industrial development to show its achievements at home, before the upcoming election in this country.
Imran Khan’s visit came when the Pakistani economy is currently facing a severe financial crisis.
Pakistans lose confidence in the powerful PTI government because of inflation, depreciation of its currency and shrinking foreign exchange reserves.
In addition, PTI also faced a crisis of credibility because Chinese assistance at a CPE did not bring economic and social transformation in the country as projected.
In the midst of this big challenge, experts believe that even if China provides a guarantee of an additional loan of US $ 10 billion, it will only increase the stock stock and the obligation of Pakistani services.