Pakistan and China have signed business agreements and investment understandings worth more than $13 billion during a Pakistan–China B2B Investment Conference in Hangzhou, according to Deputy Prime Minister and Foreign Minister Senator Ishaq Dar.
He said economic diplomacy has now become the “axis” of Pakistan’s foreign policy as both countries mark the 75th anniversary of diplomatic relations.
Speaking at the conference, Ishaq Dar said the longstanding relationship between Pakistan and China—often described as a “steel brotherhood”—has grown stronger over time despite regional and global challenges.
He said both countries are now deepening cooperation beyond government-to-government ties into a broader business-to-business (B2B) partnership.