ISLAMABAD - Chairman Board of Investment and State Minister Saleem H Mandviwalla said that Pakistan and China had inked 18 Memorandum of Understandings (MoUs) worth of $ 15 billion during Pak-China Business Corporation Summit, besides others signed at the Prime Minister Secretariat. We dont have details of the 13 agreements and MoUs, which were signed at Prime Minister Secretariat. However Pakistan and China had inked 18 MoUs in Pak-China Business Corporation Summit organised by BoI, he said while addressing a press conference at the Board of Investment. There were several MoUs that remained unsigned during the Summit due to many reasons, however these would be inked in the follow-up Summit likely to be held in the first quarter of the coming year 2011, he added. The biggest MoU of $ 6.5 billion was signed between China International Water and Electric Corporation and Alternative Energy Development Board of Pakistan for electricity generation of 3000 Megawatt through wind turbines and 200 Megawatt by solar power generation, the Chairman informed. He further informed that National Transmission and Distribution Company of Pakistan had inked a MoU of $ 3.5 billion with China Development Bank for the transmission and distribution lines for power in the country. Others MoUs signed were mostly related to trade of different items between the two countries including cotton yarn, yarn, seafood, Guar products, stone, rapeseed, meal, chromium and manganese. On a question related to the implementation of agreements signed by two countries, the Chairman said that private sector agreements would immediately start while government-to-government singed agreements would take some time. The Chinese delegation showed interest in making partnership in Pakistan Steel Mills he added. Talking about State Owned Enterprises (SOEs), Saleem Mandviwalla said although talks were underway but no MoU was inked during the Summit. To a query of Pak US bilateral investment treaty, the State Minister informed that both the countries are committed to sign it 2011. The American side had changed their templates regarding investment, which delayed the treaty to sign, he observed.