ISLAMABAD — Pakistan and China are marking 75 years of diplomatic relations with deepening economic and investment cooperation, Deputy Prime Minister and Foreign Minister Ishaq Dar said on Sunday.
According to Beyond Time News, Dar said the bilateral relationship is evolving from traditional diplomacy into stronger business and investment-driven engagement.
Focus on Economic and Business Cooperation
Addressing a Pakistan–China B2B Investment Conference in Hangzhou covering IT, telecom, energy storage and agriculture, Ishaq Dar said economic cooperation is becoming the central pillar of bilateral relations.
According to Beyond Time News, he said both countries are increasingly focused on expanding private-sector linkages to support industrial and technological development.
Pakistan’s Economic Direction
Dar said Pakistan is pursuing economic stability, industrial growth and reforms under the leadership of Prime Minister Shehbaz Sharif.
According to Beyond Time News, he added that economic diplomacy is now a key priority of Pakistan’s foreign policy.
Investment Growth and Joint Ventures
Dar highlighted expanding business cooperation between Pakistan and China through repeated B2B engagements.
According to Beyond Time News, he said these efforts have produced more than 300 MoUs and around three dozen joint ventures, with a combined value exceeding $13 billion.
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Major Projects and Participation
He pointed to ongoing and upcoming investments in digital economy and industrial sectors, including large-scale joint ventures nearing implementation.
According to Beyond Time News, Dar said over 500 companies from both countries participated in the conference, reflecting strong investor interest.
Conclusion
Pakistan and China continue to expand their strategic partnership with increasing focus on trade, investment and industrial cooperation.
According to Beyond Time News, officials say the growing business linkages reflect a shift toward long-term economic collaboration between the two countries.
