Pakistan’s prime minister signs multibillion-dollar investment deals with China

Pakistan’s prime minister signs multibillion-dollar investment deals with China
Pakistan’s Prime Minister Shehbaz Sharif in Beijing this week (Maxim Shemetov/Pool Photo via AP)

Pakistan signed new investment agreements with China worth 8.5 billion dollars (£6.3 billion) during a visit to Beijing by Prime Minister Shehbaz Sharif, Pakistan’s state media reported.

The accords finalised on Thursday in the Chinese capital city include seven billion dollars (£5.1 billion) in a memorandum of understanding and 1.5 billion dollars (£1.1 billion) in joint ventures covering agriculture, renewable energy, electric vehicles, health, steel and other sectors.

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