Pak,China sign US$ 10 billion worth MoUs during Premier Wen visit to Pakistan

Expressing his delight over Chinas support to boost Pakistans economy and infrastructure development, Ambassador Masood Khan said here that during the landmark visit of Premier Wen Jiabao to Islamabad last month both sides signed Memorandum of Understanding (MoU) worth US $ 10 billion.Premier Wens visit to Pakistan was a landmark. During the Pakistan-China Business Cooperation Summit, enterprises and entities from both sides signed MoUs and Agreements worth US $ 10 billion said Khan here at a welcoming lunch he hosted for Chinese key officials, executives and entrepreneur as well as members of Premier Wens entourage to Pakistan. He said that these MoUs covered the areas of transmission, alternate energy, electronics, space, science and technology, vehicles, textiles, precious stones, fisheries, and minerals.

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