UPDATED ON:
Wednesday, October 15, 2008
15:15 Mecca time, 12:15 GMT
 
News Asia-Pacific
Pakistan president visits China
Zardari is making his first visit to China since becoming president last month [AFP]

Asif Ali Zardari, Pakistan's president, has met his Chinese counterpart in Beijing while on a visit aimed at securing further Chinese investments for his country.

Zardari met Hu Jintao on Wednesday at Beijing's Great Hall of the People, as part of a four-day visit.

Zardari, who became president last month, is expected to reach an agreement with Beijing which will encourage Chinese investment, a statement by Pakistan's foreign affairs ministry said.

Bilateral trade between the two nations is over $7bn a year but they are aiming to increase this amount to $15bn a year by 2011.

The London-based Financial Times newspaper reported on Wednesday that Zardari was also keen to secure a soft loan of between $500m and $1.5bn to help steer Pakistan away from potential bankruptcy, without citing sources.

Nuclear talks

A deal between Pakistan and China on civil nuclear power is also thought to be up for discussion during Zardari's visit.

An agreement on civil nuclear power would follow a similar deal between India and the United States.

Qin Gang, a spokesman for China's foreign ministry, said Beijing and Islamabad shared "sound co-operation in nuclear energy" but did not give any details on any deal.

"I would like to stress our co-operation is totally consistent with the two countries' respective international obligations and is totally for peaceful purpose and subject to IAEA [a UN nuclear inspectorate] supervision," Qin said on Tuesday.

The visit comes amid tensions between Islamabad and Washington over the direction of an alliance aimed at cracking down on fighters linked to al-Qaeda and the Taliban.

In a recent interview with China's Xinhua news agency, Zardari he wished to strengthen ties with Beijing in order to strengthen efforts against the fighters.

Zardari is set to meet Wen Jiabao, China's prime minister, on Thursday.

 Source: Agencies
Feedback Number of comments : 4
 
marfer
United States
15/10/2008
How the big boys do it
Iran needs to pay attention. IAEA supervision is not a mistake for anyone. Poor people with water, electric, schools and roads is not a bad thing.

kayani
Pakistan
16/10/2008
china-pakistan the best friend
china and pakistan are well known best friends."western news have continously said pakistan is going bankcrupt but thats what they dream" said pakistani finanace minister tareen.he said "over my dead body , pakistan will be bankcrupt".pakistan has close allies like saudi arabia,china as best friends which will keep pakistan alive .its because of usa that law and order is so worse that people are leaving pakistan and country is having finanacial crisis.the usa is the issue not pakistan.

Bigmel1981
Malaysia
16/10/2008
Pakistan president visits China
Step in the correct direction to maintain ASIANS stability and regional security.

schayann
Albania
19/10/2008
a bit too late
this visit to china should have happened a lot earlier. all our past heads of state knew the importance of china as one of the most stable and reliable allies of pakistan and always flew off to the country first. but zardari acted foolishly and went to the US instead. china was a bit ticked off bcz of it. usa has never proven to be a real friend of pakistan and our leaders would do well to kep that in mind

 
ARTICLE TOOLS
 Email Article  Email article
 Print Article  Print article
 Send Feedback  Send feedback
 Share article  Share article