ISLAMABAD - Pakistan-China Institute has agreed to sign a Memorandum of Understanding (MoU) with the Chinese People's Institute for Foreign Affairs, a Chinese think tank. This was agreed in a meeting of Chairman of Pakistan-China Institute Mushahid Hussain Sayed and former foreign minister of China, Li Zhaoxing, who is also the Chairman of Foreign Affairs Committee of the National Peoples Congress of China, the countrys parliament. The meeting, held here at the Chinese Embassy, was also attended by Chinese Ambassador to Pakistan Luo Zhaohui. This was also decided that the MoU would formally be signed when Mushahid Hussain would visit China in near future. Chaudhry Shujat Hussain was also present on the occasion. In recognition of the services of Li Zhaoxing for cementing the Sino-Pak ties, Mushahid Hussain Sayed presented a plaque to Li Zhaoxing, who is also Chairman of Chinese Peoples Institute for Foreign Affairs. He also informed the visiting dignitary that Pakistan-China Institute had decided to make him honourary Chairman of the think tank, which was a non-partisan, non-governmental and non-political body to explore new ways and means to strengthen the people-to-people contacts between both the friendly nations. Since there is complete unanimity within Pakistans political and social fabric on the need for deepening friendship between Pakistan and China, there is a need for bringing the peoples of both the countries more closer, said Mushahid while explaining the mission statement of the think tank to the visiting Chinese official. This would be the first think tank in the private sector which would be devoted exclusively to promoting, strengthening and expanding Pakistan-China relations in all fields. This think tank will work in key sectors of Pakistan state and society including political parties, civil society, educational institutions, opinion leaders, media and business community, remarked Mushahid Hussain. He said the Pakistan China Institute would conduct policy research on promoting Pakistan-China cooperation and bringing the two countries closer in the areas of Security (diplomacy, defence and foreign policy); Trade; Investment and Economy; Energy; Education; Environment and Culture. With its headquarters in Islamabad, the Pakistan-China Institute will explore ways and means to further strengthening the Sino-Pak ties since Pakistan-China relations are unique in international relations, he said. Expressing gratitude to Mushahid Hussain Sayed, Li Zhaoxing said that Pakistan-China Institute would play a pivotal role in further cementing the bilateral ties between the two countries. He said Memoranda of Understanding (MoU) of cooperation would also be signed between the think tanks of both the countries.