Lahore - Two MoUs were signed between Punjab government and Yantie, industrial city of Chinese province Shandong, here on Wednesday. Chief Minister Muhammad Shahbaz Sharif was the chief guest on the occasion.

Under the agreement signed between Yantie Chamber of Commerce & Industry and Punjab Industrial Estate Development & Management Company (PIEDMC), industrial estates and parks will be constructed in Punjab with the collaboration of Yantie Chamber of Commerce & Industry. Joint seminars and conferences will be held for enhancing trade activities and promoting investment opportunities in industrial zones and industrial estates of Punjab province with the cooperation of Yantie Chamber of Commerce & Industry.

Under the second MoU, Lahore and Yantie have been declared twin city and trade, cultural and business activities will be promoted between these two cities. Chairman PIEDMC SM Tanveer signed the MoU on behalf of Punjab government while Cheng Xiaoyun on behalf of Yantie Chamber of Commerce & Industry. While the second MoU was signed by DCO Lahore Capt. (R) Muhammad Usman and head of delegation and Vice Minister of Yantie City Du Yonggang.

Meanwhile, the Chief Minister, while while addressing the signing ceremony of MoUs between Punjab government and Yantie, industrial city of Chinese province Shandong and talking to media, said that $34 billion investment in various development projects in Pakistan has been delayed only due to untimely sit-ins of unwise people. He said sit-ins have caused massive loss to the national economy so much so that coming generations will not be able to make up for losses. He said that those staging sit-ins have committed enmity with the country and a formidable plan was devised which was tantamount to play with the destiny of 18 crore people by putting the projects of development and prosperity at stake. Shahbaz Sharif appealed to the nation not to forgive these elements.

The Chief Minister said this while addressing the signing ceremony of MoUs between Punjab government and Yantie, industrial city of Chinese province Shandong and talking to media here on Wednesday.

Chief Minister said that the agreements made between Punjab government and industrial city Yantie auger well for promoting trade and cultural activities in Punjab. He said China is undoubtedly a trustworthy and great friend of Pakistan. He said that trade, cultural and historic contacts will further strengthen due to declaring of Lahore and Yantie twin city.

Shahbaz Sharif said those staging sit-ins have caused huge loss to the economy to the point of enmity with the country. He said not others but we ourselves are responsible for pushing the country into darkness by staging anti-state protests. He asked those staging sit-ins to show wisdom and not to play with the destiny of 18 crore people. He said that due to the postponement of visit of Chinese leaders, negative impacts on the projects of billions of rupees have started coming to the fore. He said that the power generation projects have slowed down and Chinese officials through email, expressing their apprehensions, have said that due to bad political situation, their work has slowed down. Shahbaz Sharif said that he will inform the entire nation about this at an appropriate time so that people from Khyber to Karachi could know how much cruelty has been committed by those staging sit-in on the Pakistani nation and created hurdles in the way of projects of development and prosperity. He said that those people have put the future of the nation at stake for the achievement of their nefarious designs. He said that these elements did not do any service to the country but have given proof of their enmity. The Chief Minister said that sit-ins have caused irreparable loss to the economy and shaken the economic foundations of the country. He said that this is a crime with the country and Pakistani nation will never forgive them. He said the loss caused to the country due to sit-in cannot be compensated, however, efforts are being made to restart the journey of development and all possible efforts will be made for completion of these projects.

Replying to a question, Shahbaz Sharif said that those staging sit-ins can do whatever they like but should not commit cruelty on Pakistani people, otherwise, coming generations will never forgive them. He made an appeal to media not to show the sit-ins for 24 hours rather highlight the hopes of the nation.

The Chief Minister expressed his pleasure that despite hindrances, Chinese brethren have come to Punjab and made agreements with regard to enhancing cooperation. He expressed his belief that the time is not far off when Pak-China economic corridor will become a reality. He said that dialogues have been restarted with China but these are still at initial stage.

 He expressed the hope that the projects with China will be implemented. He appealed to those staging sit-ins to hold public meetings but take pity on the nation and show wisdom. Vice Minister Yantie city Du Yonggang said that Pak-China friendship is exemplary and is being strengthening with the passage of time. He said that useful meetings were held with the officials of Punjab government. He said that Pakistanis are like our brethren and people of both the countries have deep affiliations with each other. He said that new avenues of cooperation will open due to agreements made between Punjab government and Yantie. He said that friendship between both the counties will further strengthen.