Pakistan, China Sign $7B Trade and Tech Deals

DID Press: Pakistan and China have signed a series of economic, industrial, and technology agreements worth more than $7 billion during the four-day visit of Pakistani Prime Minister Shehbaz Sharif to Beijing.

The agreements cover a wide range of sectors, including agriculture, industrial development, artificial intelligence, digital trade, mining, and advanced technologies.

Speaking at an investment conference in Hangzhou, Sharif said Pakistan needs greater investment and technological support to strengthen its economic growth, urging Chinese companies to expand their presence in Pakistan’s manufacturing and industrial sectors.

In the agriculture sector, contracts worth over $1 billion were signed for fertilizer production, agricultural equipment supply, and boosting Pakistani exports to the Chinese market.

Both sides also emphasized expanded cooperation in information technology, mining, and high-tech industries as part of their broader strategic partnership.