China’s rise is source of regional and global stability: Sadiq Sanjrani

ISLAMABAD: Senate Chairman Sadiq Sanjrani has underscored the need for overcoming trade imbalance as Pakistan strongly believes in free trade regimes and will continue to support all efforts aimed at promoting free trade and open market policies.

He expressed these views in meeting with Chinese Peoples’ Political Consultative Conference (CPPCC) Chairman Wang Yang in Beijing.

In a message received from China, the Senate chairman thanked China for providing the balance of payment support of US$ 2 Billion.

He urged the Chinese investors to explore more avenues of cooperation and investment in Pakistan and the government of Pakistan would provide all possible support to encourage Chinese investment in Pakistan.

He said that China is a closest and strongest friend. He said that Pakistan continues to support one-China policy.

He stated that China’s rise is the source of regional and global stability for Pakistan. He said that the emerging regional scenario calls for the indigenous solution to the issues being faced by the Asia and China can play a major role in overcoming the challenges hampering regional development.

The Senate chairman, along with his delegation, also met the National People’s Congress (NPC) Chairman Li Zhanshu. During meetings, he emphasised the need for overcoming trade imbalance between Pakistan and China. He said that Pakistan and China share a common vision for the prosperity of Asia and both Islamabad and Beijing must reinforce strategic cooperative partnership by maintaining close engagement on all issues of regional and global importance.

He said that Pakistan deeply appreciates China’s steadfast and principled stand on a non-discriminatory approach towards Nuclear Suppliers Group (NSG) membership of non-Non-Proliferation Treaty (NPT) states.

During the meetings, the Senate chairman underscored the need for more close cooperation in fields of education, science and technology and said that people to people contacts and cultural cooperation will help cement ties. He said that enhanced interaction between different institutions, academia and think tanks will further enhance our mutual trust and understanding.

Regarding economic and trade relations, he said that there is a need to explore new vistas of cooperation and both the countries should engage in constructive discussions to reduce trade imbalance.