PID

PR No. 29
Pakistan and Malaysia Sign Four Key MoUs to Boost Trade Relations
Islamabad: 3rd October, 2024

Federal Minister for Commerce, Jam Kamal Khan, witnessed the signing of four significant MoUs between Pakistan and the Malaysian business community in Islamabad. Fauji Meat Limited and NSK signed a Letter of Intent (LOI) for a profit-sharing partnership in the distribution, wholesale, and retail of meat. Gobi VC Investment Fund committed $300,000 to Qistbazar and announced plans to raise a $50 million fund to support Pakistani startups. SNA Equity invested $5 million in Gamalux Pakistan, with a total investment goal of $15 million by 2026. Additionally, Pakistan and Malaysia's Business Councils signed an MoU to enhance cooperation in halal trade. These agreements mark a step towards strengthening trade and business relations between the two countries.

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GOVERNMENT OF PAKISTAN PRESS INFORMATION DEPARTMENT

GOVERNMENT OF PAKISTAN

PRESS INFORMATION DEPARTMENT

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PR No. 29 Pakistan and Malaysia Sign Four Key MoUs to Boost Trade Relations Islamabad: 3rd October, 2024

SIGNATURES

OFFICIAL POSITION

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PR No. 29
Pakistan and Malaysia Sign Four Key MoUs to Boost Trade Relations
Islamabad: 3rd October, 2024