BEIJING: Pakistan and China signed eight documents of cooperation in various areas of economy here Friday for furthering already strong economic and technical ties between two friendly countries.
The first pact signed pertained to the building of a long term project (Pak-China Economic Corridor) a 200KM tunnel which will be built at a cost of $18 billion.
Federal Minister for Planning and Development Ahsan Iqbal signed the pact from the Pakistani side while Chairman National Development and Reforms Commission of PRC, Xu Shao Shi inked the pact from the Chinese side.
The Chinese Premier said that China has strategic interest in this Corridor. The Agreement on Economic and Technical cooperation between the Government of Pakistan and China was also inked. The Advisor to Prime Minister on Foreign Affairs Tariq Fatemi signed the agreement.