HANGZHOU: Prime Minister Muhammad Shehbaz Sharif Sunday highlighted Pakistan’s vast potential in the digital economy, e-commerce, artificial intelligence, fintech, cloud computing, and innovation-driven entrepreneurship.
The Prime Minister was speaking during the visit to the headquarters of Alibaba Group in Hangzhou, where he was warmly received by Chairman Joe Tsai. Senior ministers and officials of the Government of Pakistan and top executives of Alibaba Group were also present.
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During the meeting, Chairman Joe Tsai appreciated Pakistan’s constructive role and efforts for regional and global peace and stability. He acknowledged the government of Pakistan’s commitment to digital transformation, technological innovation, and creating an enabling environment for international investment in Pakistan.
The Prime Minister underscored the government’s firm resolve to empower Pakistani youth through technology, skills development, and global partnerships.
On the occasion, the Prime Minister and Chairman Joe Tsai witnessed the signing and exchange ceremony of several strategic Memoranda of Understanding (MoUs) and agreements between Alibaba Group and Pakistani public and private sector entities. These are aimed at accelerating Pakistan’s digital transformation and technological advancement in partnership with Alibaba Group.
On the special initiative of the Prime Minister, Chairman Joe Tsai agreed to sign a comprehensive strategic framework agreement between the Government of Pakistan and Alibaba Group.
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