PM Khan says no military solution to Yemen dispute

Lifestyle       by Bushra Nayeem | Published

The talks follow Prime Minister Imran Khan's recent visit to China, during which 15 agreements and MoUs were signed to enhance cooperation in economy, trade and other sectors. This visit is Prime Minister Imran Khan's first official visit to China after he assumed office, which fully testifies to the importance Pakistan attaches to developing its ties with China.

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

"Pakistan is China's all weather partner".

"We have been offering our assistance to Pakistan within the best of our capacity".

Notably, Pakistan had in October received $6 billion rescue package from Saudi Arabia.

While expressing his desire for lasting peace in end of violence, Khan apprised envoy that Pakistan would continue to support resolution of United Nations for immediate restoration of peace in Yemen. "I want to make that clear in unequivocal terms that we do not have any balance of payments crisis now", said Umar, who accompanied Khan to China.

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Pakistan's foreign reserves have plunged 42 percent since the start of the year and now stand at about $8 billion, or less than two months of import cover.

"Pakistan and China have agreed to broaden the CPEC trajectory, and it will now be one corridor with many doors", he said. It would be Pakistan's 13th bailout from the International Monetary Fund since the 1980s.

Earlier on Monday, Foreign Minister Shah Mehmood Qureshi said he was feeling very confident after returning from a productive visit to China led by PM Imran Khan.

As per details, the two sides noted with satisfaction that the China Pakistan Economic Corridor's first stage, which comprised of infrastructure and energy sector improvements, has nearly been completed.

During Khan's visit to China, Pakistan media reported that Beijing had agreed to provide $6 billion in aid to the cash-strapped country which included a loan of $1.5 billion along with an additional package of $3 billion for the CPEC.

Chinese leaders such as President Xi Jinping and Premier Li Keqiang had friendly exchanges with him and established good relations.

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