PrimeMinisterNawazSharif

PESHAWAR, November 7: The Prime Minister, Mr Mian Muhammad Nawaz Sharif, has left for a three-day visit to China and analysts say the prime minster had gone to sign a pact of $40 billion for various projects.

Dr Tasaduq Mailk, a spokesman of Nawaz Sharif, claimed that besides his meeting with the Chinese president Xi Jinping and other officials, he would negotiate and ask the shareholders to collaborate with Pakistan in different projects.

Another reason of the visit is to restore the trust of Pakistan amongst the comity of nations as the foreign countries have stopped their investments in Pakistan.

Analysts say the prime minister, in his visit, will sign agreements about 14 different projects for generating10.5 MW electricity, about which the negotiations had been held for quite some time.

The Chinese president had intended to visit Pakistan but his visit got postponed because of the sit-ins and protests of the Pakistan Tehrik-e-Insaaf (PTI) and Pakistan Awami Tehrik (PAT). The federal government said the Chinese president wanted to visit Pakistan to sign an accord for uplift schemes worth $40 billion.

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