Afternoon D & C Dedicated To Mumbai
Home > World > China again declines to reveal details of financial assistance to Pak

China again declines to reveal details of financial assistance to Pak

Thursday, November 08, 2018
By K J M Varma

Beijing: China on Wednesday once again declined to quantify the financial assistance it is willing to provide to Pakistan after the just concluded visit of Prime Minister Imran Khan to Beijing even as it termed his talks with top Chinese leaders "very successful".

Khan visited China from November 2 to 5 during which he held talks with President Xi Jinping and Premier Li Keqiang for China's help to tide over the serious economic crisis faced by cash-strapped Pakistan which included balance of payments.

During Khan's visit to Saudi Arabia last month, the Gulf Kingdom agreed to provide Pakistan USD 3 billion in balance of payment support and additionally give oil worth USD 3 billion on deferred payment.

Earlier reports from Pakistan said Beijing has committed a similar amount during Khan's visit but Chinese officials declined to confirm it.

Pakistan's Finance Minister Asad Umar who accompanied Khan said on Tuesday that China had promised at the highest level to help through an assistance package to tide over the crisis but did not reveal the amount.

A team of Pakistani officials was expected to arrive here on November 9 to finalise the details.

Asked for her reaction to Umar's comments and how much China has offered to Pakistan, Foreign Ministry spokesperson Hua Chunying said Beijing would provide assistance to the best of its capacity but did not specify the amount.

"Pakistan is China's all weather partner. We enjoy very good relationship that has been operating at a very high level," she said.

"We have been offering our assistance to Pakistan within the best of our capacity. In the future, in the light of Pakistan's need and as per our mutual agreement, we will continue to offer help economically and for betterment of people's livelihoods," she said.

COMMENTS
No Comments Posted
POST YOUR COMMENTS
Name:  
 
Email:    
Comments:
 
 
Jumbo Crossword
Jumbo Crossword - 156
Jumbo Crossword - 155
Jumbo Crossword - 154
I am a 33-year-old married man. Can you tell me w
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Astrology
Select Sun sign:
 
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)You may have a wide circle of casual friends, but today, these associations will prove to be beneficial. Your friends will help you chase away the blues. That way, you will also understand the deeper role of friendship, says Ganesha.
- Advertising -
As the classical music concert season is upon us,
Discover some unique culinary delights concocted
The 9th Mumbai International Literary Festival is
Read More