Economic revival to remain the main topic during PM’s visit to China

This article was last updated on April 16, 2022

Prime Minister Nawaz Sharif will make his first official visit after assuming office to China from July 4 to July 8. The stated agenda of his visit is to revive the tardy economic and trade ties between the two countries and invite Chinese companies to explore the untapped yet potential markets of Pakistan.

However, the common denominator between the relationship of China and Pakistan has long been India. The rivalry between China and India has apparently been fading away as both countries have set their economic growth as their top most priority. The new-found bond between China and India is been seen as a serious concern for Pakistan – which awaits Chinese investors and traders to boost up its economy, especially the energy sector. Therefore, it is expected that China might not be very open towards signing long-term or investment-loaded agreements with Pakistan during the premier’s visit.

Prime Minister Nawaz Sharif will be accompanied by the Chief Minister of Punjab Mian Shahbaz Sharif and a number of businessmen and lawmakers who will not only facilitate the premier but also identify the potential areas where the two countries can utilize their resources and materialize projects. Energy is considered as the focus sector for the delegated going from Punjab as the businessmen in this province are struggling hard to keep up with the energy shortfall. Nonetheless, revival of energy sector is and should be the top most priority of the new government.

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