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Rousing welcome awaits Chinese President Hu Jintao in Capital
ISALAMABAD—Hectic preparations are afoot in the Federal capital to give
a rousing welcome to Chinese President Hu Jintao on his arrival in
Islamabad on Thursday.
Pakistan gives top priority to the visit of the Chinese top-ranking
leader, hoping the visit will open a new chapter in bilateral relations
of the two countries.
The high-profile State visit, taking place from Nov. 23 to 26 is likely
to convey a strong-worded message to the world community, that the two
countries are tight with unswerving bonds of friendship, keeping joint
stance on various issues of common concern to meet new challenges.
Commenting on the forthcoming visit of the top-ranking Chinese leader,
diplomatic sources said here that Hu Jintao’s talks with President
Pervez Musharraf and Prime Minister Shaukat Aziz next week will be
highly significant for reinforcement of their strong commitment, working
together as traditional allies in all fields of mutual interest.
The talks are expected to give a new turn to their bilateral
cooperation, since the two sides wish to lay greater emphasis on their
trade and economic ties. The visit will be a continuation of regular
consultation and contacts between the two countries at the highest
level.
Most recent visit to Pakistan was by Premier Wen Jiabao, during which a
landmark “Treaty of Friendship” was signed. This treaty was unanimously
endorsed by the Chinese Parliament in June this year, signaling strong
commitment of the Chinese people to maintain the momentum of their
evergreen friendship in the new century.
Official sources told APP that the friendship treaty reinforced the
commitment of the two countries to help each other safeguarding their
territorial integrity. Under this treaty, the two countries are bound to
work as close allies against any foreign threat.
On May 21, 1951, the two countries officially established their
diplomatic relations. Since then, China and Pakistan have witnessed
smooth development of friendly and neighborly relations as well as
mutually beneficial cooperation.
The forthcoming visit will further push forward their strategic
partnership, especially in the economic sector. During the visit, China
will sign substantial agreements with Pakistan to push forward economic
and trade ties. According to the Chinese Ministry of Commerce, China and
Pakistan have agreed on market access and “basically wrapped up”
negotiations on a free trade agreement (FTA). The agreement is expected
to be signed on November 24.
China and Pakistan have conducted five rounds of negotiations since last
April, with the latest round concluding in Beijing on Friday. Bilateral
trade between Pakistan and China reached US$4.26 billion last year, up
39 per cent over 2004.
The free trade agreement with Pakistan is expected to cover investment
and commodities trade, but details are not known. China-Pakistan FTA
talks started last April in Islamabad after Premier Wen Jiabao and
Pakistani Prime Minister Shaukat Aziz signed an “early harvest” FTA,
under which China would impose agreed tariff rates on 2,244 categories
of Pakistani products.—APP |