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China, Pakistan sign cooperation deals worth over USD 1.6 bln.

TOKYO, Aug 12 (KUNA) -- China and Pakistan on Wednesday signed 20 cooperation agreements, worth CNY 10.35 billion (USD 1.6 billion), and issued the "Karamay Manifesto" on the China-Pakistan Economic Corridor, state-run Xinhua News Agency reported. More than 300 officials and delegates from companies, think tanks and social organizations witnessed the signing of the agreements at the closing ceremony of the first China-Pakistan Economic Corridor Forum held in the oil-rich city of Karamay in northwest China's Xinjiang Uygur Autonomous Region, according to the report. The two-day event featured forums on topics including city-to-city and industrial cooperation, and youth exchange. The two countries pledged to boost bilateral economic development through energy and power projects, and will also cooperate in education and health care. According to the Karamay Manifesto, the bilateral economic forum will continue to be held regularly. The corridor project will link Gwadar Port, Pakistan, with Xinjiang by way of highways, railways as well as pipelines. It is among the six economic corridors crucial to China's Silk Road Economic Belt and 21st-Century Maritime Silk Road. (end) mk.hb

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Publication:Kuwait News Agency (KUNA)
Date:Aug 12, 2015
Words:193
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