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Similarly, China's exports to Pakistan also increased, from US$1.4 billion in 2006 to US$12.1 billion in 2016. Following the implementation of the CPFTA, China became the primary supplier for Pakistan in several goods such as organic chemicals, fertilisers, electronic equipment, staple fibres, and footwear.
Li Keqiang, Premier of the People's Republic of China In the past, China has played a major role in the development of Pakistan's nuclear infrastructure, especially when increasingly stringent export controls in Western countries made it difficult for Pakistan to acquire plutonium and uranium enriching equipment from elsewhere such as the Chinese help in building the Khushab reactor, which ...
Pakistan produces and exports cements to Asia and the Middle East. In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion.
China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects call for reconstruction and upgrade works on National Highway 35 (N-35), which forms the Pakistani portion of the Karakoram Highway (KKH). The KKH spans the 887-kilometer long distance between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
Pakistan's Prime Minister Shehbaz Sharif will visit China from June 4 to 8 on the invitation of President Xi Jinping, Pakistan's foreign ministry said on Friday. Chinese investment and financial ...
China is willing to strengthen co-operation and promote solidarity with Pakistan but has urged it to guarantee the safety of Chinese organisations and personnel working there, China's foreign ...
The Sino-Pakistan Agreement [a] is a 1963 document between the governments of Pakistan and China establishing the border between those countries in the disputed Kashmir region. [3] It resulted in both countries ceding over 1,942 square kilometres (750 sq mi) [clarification needed] to the other. Pakistan recognized Chinese sovereignty over land ...
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...