China to help Pak in launching 1st satellite

Islamabad, Sep 5: China announced that it would extend financial aid to Pakistan when it launches its first satellite.

Addressing a press conference here, Chinese Ambassador to Pakistan Lou Zhaohui said China is ready to extend all help to Pakistan regarding its space mission, and a Memorandum of Understanding (MoU) in this regard would be signed next week.

Zhaohui also informed that Chinese President Hu Jintao would meet his Pakistani counterpart in New York later in Sp 2009, on the margins of the United Nations General Assembly.

He said the meeting will focus on strengthening bilateral ties of the two nations.

"The focus would be on a wide range of regional and international issues, but of course the emphasis would be on bilateral relations. The interaction will further deepen friendship with China," The Dawn quoted Zhaohui, as saying.

"It is important for the leaderships to establish personal friendship," he added.

ANI