Imran Khan, looking for loans for Pakistan, visiting China next week



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Imran Khan said Pakistan was also in talks with two "friendly nations" to get more loans. (File)

ISLAMABAD:

Pakistani Prime Minister Imran Khan will visit China next week to meet with President Xi Jinping, the Pakistani Foreign Ministry said here Thursday as part of a visit to Pakistan Vital for New Loans Mr. Khan, accompanied by Foreign Minister Shah Mahmood Qureshi, will lead a delegation from November 2 to 5 that will sign several agreements on "various areas", the Foreign Ministry announced. in a statement. Khan must also meet with Chinese Premier Li Keqiang.

This week, Pakistan received a $ 6 billion bailout from Saudi Arabia, but officials said it was not enough and that the country is still considering asking for a rescue from the Monetary Fund International Monetary Fund (IMF). ) to avoid a balance of payments crisis.

On Wednesday, Khan said Pakistan was also discussing two loans with two "friendly countries," badysts claiming that one of those countries was China.

Although China now belongs to Pakistan's closest ally, Khan's newly elected government has tried to rethink the flagship project of the two countries, the Sino-Pakistani Economic Corridor (CPEC), worth $ 60 billion, which Beijing claims as the flagship infrastructure program of its extensive Belt and Road initiative. [19659004] Pakistan has sought to modify the CPEC in order to put more emphasis on projects focused on social development rather than infrastructure.

"The Prime Minister's visit should give a new impetus to" The existing strategic ties between Pakistan and China constitute a new basis for the expansion of the bilateral partnership, "said the Foreign Ministry in a statement.

After going to Beijing, Mr. Khan is expected to be one of the main speakers at the First China International Import. Expo in Shanghai, the ministry said.

(At Exception of the title, this story was not edited by NDTV staff and is published from a syndicated feed.)

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