Prime Minister to Visit China to Finalize $5 Billion in Pacts
Prime Minister Shehbaz Sharif is scheduled to undertake a state visit to China from May 23 to 26 to celebrate 75 years of diplomatic ties. During the visit, Pakistan aims to finalize and sign agreements and MOUs worth approximately $5 billion. These deals are expected to focus on business-to-business investment, agriculture, fruit processing, and other sectors. The Prime Minister’s delegation will engage with top Chinese leadership to discuss bilateral relations and the regional security situation.
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Updated: 2:58 AM PKT — May 21, 2026
According to Deputy Prime Minister Ishaq Dar, the second phase of the China-Pakistan Economic Corridor (CPEC) has begun. Dar also reiterated Pakistan’s unwavering support for China’s core interests, highlighting that Beijing has always supported Pakistan’s sovereignty and security.
Updated: 8:01 PM PKT — May 20, 2026
The Prime Minister’s state visit has been revised to a two-day trip from May 23-24. In Islamabad, the Senate passed a unanimous resolution reaffirming the strength of the bilateral relationship.
Updated: 6:44 PM PKT — May 20, 2026
Ahead of the state visit, a high-level delegation from the National People’s Congress of China was welcomed at Parliament House. During this preliminary engagement, Pakistani leadership reaffirmed a strong commitment to the ‘One China’ policy. Both sides emphasized their status as ‘all-weather’ strategic partners and pledged to cooperate for regional peace and prosperity.
Updated: 4:47 PM PKT — May 20, 2026
During the official visit, the Prime Minister is scheduled to hold a meeting with Chinese President Xi Jinping. The anticipated agreements are also expected to encompass government-to-government collaborations.
