Shehbaz Sharif is currently on a Chinese tour and during a meeting in Beijing with Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif launched a high-speed rail project that could cost $9.85 billion. Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif agreed on November 2 to establish a high-speed rail project. A statement from Sharif’s office described it as “a project of strategic importance.” The project involves upgrading a 1,871-kilometer colonial-era track from Karachi to Peshawar to carry high-speed trains. Pakistan formally approved the project this week without saying where the funding would come from or providing technical details. The United States has criticized China for using what it calls “debt diplomacy” to make developing nations dependent on Beijing.
China will export technology for 160 km/h high-speed railway trains to Pakistan, state broadcaster CCTV said on Wednesday. The first batch of 46 train carriages has been loaded and will be shipped on Nov. 3. Parts for another 184 carriages will be delivered to Pakistan to assemble, the report said, adding this is the first time China has exported the technology.
Prime Minister Shehbaz Sharif and President Xi Jinping met earlier today and agreed to strengthen the strategic partnership between the two countries, including the China-Pakistan Economic Corridor (CPEC). The two leaders met at the People’s Great Hall of China and talked about broad-based cooperation in the...
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