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Pakistan fully committed to CPEC, 'One China' policy

03:32 PM | 22 Jan, 2024
Pakistan fully committed to CPEC, 'One China' policy
Source: PID

ISLAMABAD – President Arif Alvi reiterated that Pakistan would continue to support China on all core issues, including the “One China” Policy, Taiwan, Hong Kong, Tibet, Xinjiang, and the South China Sea.

The president reaffirmed it during a meeting with China’s Vice Foreign Minister Sun Weidong, who is currently in Pakistan on an official visit. The statement from the president comes after the two elections in the Taiwan region in 2024.

Foreign Office spokesperson also issued a statement, saying Pakistan's policy on Taiwan is consistent and clear -- Taiwan is an inalienable part of the People's Republic of China.

Several other countries, including Maldives, Cambodia, Syria, Brazil, reaffirmed their adherence to the one-China principle.

During the meeting, President Alvi said that China was a very dear friend that had always supported Pakistan during difficult times. He highlighted that CPEC projects had contributed to the economic development of Pakistan, besides helping meet its energy needs.

The President stated that Pakistan was fully committed to the high-quality development of CPEC, adding that the Chinese support in the next phase of CPEC would be crucial for Pakistan’s industrial development.

He remarked that economic cooperation between the two friendly countries would further cement bilateral ties. He appreciated the Chinese support in stabilising Pakistan’s economy.

The president said that Pakistan wanted to learn from the Chinese experience in IT, education, health, agriculture, and poverty alleviation for its socio-economic development.

He remarked that Pakistan and China held similar views on various regional and international issues and cooperated at different fora.

The visiting Chinese official said that Pakistan and China had a long history of friendly relations which would continue to grow stronger. He said that CPEC had yielded fruitful results, adding that both the countries had huge potential for increasing cooperation in various fields.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 23 April 2024

Pakistani currency remains unchanged against US Dollar and other currencies on April 22, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 23 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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