BEIJING, May 13: Chinese President Xi Jinping on Saturday called for expediting the work on the construction of the projects under the umbrella of China Pakistan Economic Corridor (CPEC).

President Xi was talking to Pakistan’s Prime Minister Nawaz Sharif, who along with a high-level delegation for attending One Belt One Road (OBOR) Conference.

The Chinese president welcomed the premier and his delegation upon their arrival at Beijing’s Great Hall of the People.

President Xi in his meeting with Sharif expressed satisfaction over the pace of bilateral Sino-Pak ties and communicated his resolve to further strengthen the relationship through increased cooperation in various fields.

Pakistan and China have more potential to cement bilateral cooperation regarding implementation of CPEC and other regional connectivity projects, the president said.

Prime Minister Nawaz Sharif, who attended the meeting along with the four chief ministers, said Pakistan would support China in the promotion of its ‘One Belt, One Road’ (OBOR) initiative.

He said CPEC is a core component of OBOR plan, and the Pakistani government is making efforts for speedy implementation of CPEC projects.

Sharif congratulated the Chinese president on hosting the Belt and Road Forum, saying the participation of a large number of world leaders in the summit is a “testimony of China’s growing stature in the international community.

Earlier both the countries signed a number of agreements aimed at boosting cooperation in various sectors between the two countries.

According to Ministry of Planning and Development, the Memorandums of Understanding (MoUs) were signed on the sidelines of the Belt and Road Forum in the presence of Prime Minister Nawaz Sharif and Chinese Premier Li Keqiang.

Federal ministers and the chief ministers of Sindh, Punjab, Khyber Pakhunkhwa and Balochistan were also present on the occasion.

The agreements signed by the officials of both sides are include the upgradation of the main railway track ML-I, MoU for the establishment of a dry port in Havelian and three agreements concerning economic and technical cooperation worth 3.4 billion yuan for the Gwadar port and East Bay expressway.

Prime Minister Sharif earlier, also held a meeting with his Chinese counterpart, who welcomed the Pakistani delegation’s participation at the forum, a statement issued by the PM Office said.

“Pakistan considers China its most valuable friend,” the prime minister said, adding that the participation by chief ministers of all four Pakistani provinces at the forum is an indication that “we are all one for [the success of] the China-Pakistan Economic Corridor”.

He reaffirmed Pakistan’s commitment for the completion of early harvest projects under CPEC.