Pakistan and China signed twenty-one agreements and MoUs in Beijing on Saturday, November 08, 2014. Prime Minister Nawaz Sharif and Chinese premier Li Keqiang were also present in the ceremony. The deals include Economic and Technical Cooperation Agreement; Framework Agreement on Provision of Concessional Loan; CPEC Energy Projects Cooperation; Government Concessional Loan Agreement on Construction of Cross-Border Optical Fiber Cable System between China and Pakistan for International Connectivity of Voice/Data Traffic Project; and Framework Facility Agreement on Suki-Kinari hydropower project between China EXIM Bank and Suki-Kinari hydropower project. The two sides also signed an MoU on the outline of the Long-Term Plan of CPEC, Capacity Building for Development of CPEC between NDRC of China and Ministry of Planning, Development and Reform of Pakistan, minutes of the 3rd JCC of China-Pakistan Economic Corridor, Surface Mine in Block-II of Thar coalfield and the Engro Thar 2x330MW coal-fired power plant. The two countries also signed the Memorandum of Facilitation Agreement on Muzaffargarh 660MW coal-fired power project between CMEC and Government of Punjab, Pakistan, MOA relating to development of 2x660MW coal-fired power project at Qadarabad, Sahiwal, 99MW UEP power project EPC Framework Agreement, Quaid-e-Azam Solar Energy Park 900MW solar power station project between ZTE Energy and Government of Punjab, Implement Agreement on Dawood 50MW wind farm between Hydro China Corporation and AEDB Pakistan, EPC Agreement of 6.5 Mt/a open pit mine in Thar Block I, Coal Supply Contract under the Project of Integrated Mine Mouth Coal Power Plant in Thar Block I and MoU for Development of Thermal Power Assets in Pakistan. Pakistan and China also signed Framework Agreement on Ruyi-Masood Textile Industrial Park and 2 x 135MW self-generation coal-fired power plant between Industrial & Commercial Bank of China (ICBC) and Ruyi-Masood Textile Company of Pakistan and MoU on coal-fired power plant in Port Qasim.
Posted on: Sun, 09 Nov 2014 03:40:26 +0000