{"id":438945,"date":"2024-10-23T08:16:24","date_gmt":"2024-10-23T03:16:24","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=438945"},"modified":"2024-10-23T08:16:24","modified_gmt":"2024-10-23T03:16:24","slug":"pakistan-malaysia-economic-ties-get-boost","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pakistan-malaysia-economic-ties-get-boost\/","title":{"rendered":"Pakistan &#8211; Malaysia economic ties get boost"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nUnited Business Group (UBG) leaders President Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazhar Ali Nasir, Malik Khuda Bakhsh, Momin Ali Malik and Eng. Daroo Khan Achakzai have welcomed the signing of two landmark agreements between Pakistan and Malaysia, paving the way for enhanced economic cooperation.<br \/>\nThe agreements include a Memorandum of Understanding (MoU) between the Trade Development Authority of Pakistan and Malaysia\u2019s External Trade Development Corporation, as well as a cooperation pact in halal trade between the two countries\u2019 business councils. These developments have bolstered confidence among business communities of both the countries, setting the stage for expanded bilateral trade and economic relations.<br \/>\nThe leaders also applauded the Malaysian announcement to establish a trade office in Karachi next month, which will foster tourism, agriculture, education, and technology exchange. Malaysia\u2019s decision to increase meat and Basmati rice imports from Pakistan by 100,000 tons is a significant breakthrough. Furthermore, Malaysia\u2019s interest in enhancing flight connectivity with Pakistan and Pakistan\u2019s potential to meet Malaysia\u2019s demand for artificial intelligence professionals are promising developments.<br \/>\nAs Malaysia is a semiconductor industry hub, exploring collaborative opportunities in this sector is essential. The UBG leaders emphasized that the successful implementation of the Pakistan Malaysia Preferential Trade Agreement (PTA) is crucial for fully realizing the potential of these agreements.<br \/>\nThey urged trade bodies across Pakistan to capitalize these incentives, announced during the Malaysian Prime Minister\u2019s recent visit, and to work together to remove any barriers to trade, ensuring the PTA\u2019s provisions are utilized in letter and spirit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD United Business Group (UBG) leaders President Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazhar Ali Nasir, Malik Khuda Bakhsh, Momin Ali Malik and Eng. Daroo Khan Achakzai have welcomed the signing of two landmark agreements between Pakistan and Malaysia, paving the way for enhanced economic cooperation. The agreements include a Memorandum of Understanding (MoU) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-438945","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan - Malaysia economic ties get boost<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/pakistan-malaysia-economic-ties-get-boost\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan - Malaysia economic ties get boost\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD United Business Group (UBG) leaders President Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazhar Ali Nasir, Malik Khuda Bakhsh, Momin Ali Malik and Eng. Daroo Khan Achakzai have welcomed the signing of two landmark agreements between Pakistan and Malaysia, paving the way for enhanced economic cooperation. 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