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China, Pakistan aim to revamp economic corridor, Gwadar port

By Thomson Reuters May 25, 2026 | 11:36 PM

By Ariba Shahid

KARACHI, May 26 (Reuters) – China and Pakistan have reached a “new broad consensus” on deepening strategic ties to beef up development of a joint economic corridor and establish the ​port of Gwadar as a regional connectivity hub, the ‌neighbours said on Tuesday.

The remarks came in a joint statement as Pakistan’s Prime Minister Shehbaz Sharif wrapped up a visit to Beijing at a time when Islamabad is seeking investment while navigating tension with Afghanistan and mediating in the Iran ‌war.

“Both ​sides welcomed third parties to participate in ⁠the development of the China-Pakistan ⁠Economic Corridor under the model agreed,” they said in the statement, issued after Sharif met Chinese President Xi Jinping and Premier Li Qiang.

They agreed to promote “high-quality” development of CPEC, a flagship project ​of China’s Belt and Road initiative, develop Pakistan’s port of Gwadar, and strengthen road and port links.

These plans encompass the Khunjerab ⁠Pass and an upgrade of the Karakoram ⁠Highway, the main overland link between China and Pakistan.

Pakistan ​also promised targeted steps to boost security and cooperation to ensure the ​safety of Chinese workers and investments in Pakistan, a ‌key concern for Beijing after repeated militant attacks on its nationals and projects.

REGIONAL DIPLOMACY

China said it appreciated Pakistan’s efforts in easing the temporary U.S.-Iran ceasefire and hold talks in Islamabad. Both reiterated support for early ⁠adoption of a five-point initiative to restore Middle East peace, offering to make positive contributions towards it.

Pakistan reaffirmed its commitment to the one-China principle, ⁠calling the democratically-governed island ‌of Taiwan, claimed by China, an “inalienable” part of ⁠China and saying it opposed any form of ​Taiwan ‌independence.

Taiwan rejects China’s claims, saying only the island’s people ​can decide ⁠its future.

Pakistan welcomed China’s efforts to boost its dialogue with Afghanistan. Both opposed the use of territory by groups, such as the Tehreek-e-Taliban Pakistan and Eastern Turkistan Islamic Movement, to imperil regional security or launch attacks.

(Reporting by Ariba Shahid, Writing by Sakshi Dayal; Editing by YP Rajesh ​and Clarence Fernandez)