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The China–Pakistan Free Trade Agreement (CPFTA) is a free trade agreement (FTA) between the People's Republic of China and the Islamic Republic of Pakistan that seeks to increase trade and strengthen the partnership between the two countries.
China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects involve reconstruction and upgrades to National Highway 35 (N-35), which forms the Pakistani section of the Karakoram Highway (KKH). The KKH spans the 887 kilometers between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
2003 – Pakistan and China signed a $110 million contract for the construction of a housing project on Multan Road in Lahore. [102] 2006 – China and Pakistan sign a free trade agreement. 2007 – The Sino-Pakistani joint-ventured multirole fighter aircraft – the JF-17 Thunder (FC-1 Fierce Dragon) is formally rolled out.
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Jeremy Garlick of the Prague University of Economics and Business writes at China Report, "Wolf’s book is an essential resource for observers of China–Pakistan relations and the implementation of the BRI. Despite flaws, the book leans heavily on the author’s rich fieldwork in Pakistan and presents deep analytical insights regarding the ...
The third meeting of Pakistan-China JCM was held on 21 June 2024 in Islamabad. [6] [7] The meeting was co-chaired by Senator Ishaq Dar, the Foreign Minister, and Liu Jianchao, the head of the International Department of the Chinese Communist Party. Delegates from all the prominent political parties in Pakistan were present at the meeting. [2]
Xi was to visit Pakistan in 2014 during his South Asia trip to India, Sri Lanka, and the Maldives but postponed it due to political unrest. [8] In February 2015, some reports of Xi Jinping's trip to Pakistan to attend the Pakistan Day Parade came in the backdrop of US President Barack Obama's second visit to India to attend the Delhi Republic Day parade. [9]
The agreement was part of an overall tightening of association with China for Pakistan, which resulted in Pakistan's distancing from the United States. [ 11 ] [ 12 ] [ 13 ] After defining borders, the two countries also entered into agreements with respect to trade and air-travel, the latter of which was the first such international agreement ...