Pakistan and Belarus sign multiple MoUs for Cooperation

On January 12th, 2023, the Minister for Commerce of Pakistan, Syed Naveed Qamar, will co-chair the 6th Session of the Pakistan Belarus Joint Ministerial Commission (JMC) in Minsk, Belarus at the invitation of the Belarusian government. The JMC, which was established through a trade and economic cooperation agreement signed by Pakistan and Belarus in May 1997, will focus on cooperation in various sectors including trade, industry, health, education, agriculture, and technology. During the session, both countries are expected to sign at least 6 Memorandums of Understanding covering areas such as textile, industry, customs, tourism, higher education, and culture. The Ambassador of Belarus to Pakistan, Andrei Metelitsa, recently met with Minister Qamar to discuss logistical arrangements and important meetings planned for the visit.

Recent News

Digitt+, Pakistan’s first agricultural fintech and electronic money institute, has partnered with Covalent, a SAAS/PAAS pioneer, to launch “Zariya.” This innovative platform aims to provide startups and fintechs with cutting-edge Banking as a Service (BAAS) solutions. Zariya offers a comprehensive tech stack on a flexible pay-as-you-grow model, ensuring rapid market entry.

The federal government has earmarked Rs. 5.394 billion for five new IT and Telecommunication initiatives under the Public Sector Development Program (PSDP) for the fiscal year 2024-25. These projects include the Digital Economy Enhancement Project, Expansion of Cellular Services in AJK and GB Phase-IV, NGMS Core Upgradation, National Semiconductor HR Development Program Phase-I, and the Revamping of the IT Industry Landscape.

Alif Capital Holdings Enters Pakistani Market with Strategic E-commerce Acquisition

A well-reputed company registered in England called M/s Alif Capital Holdings Limited is working as a parent company for dealing with various investments and controlling the ownership of different companies. Its target company is M/s Alif Innovations (Private) Limited which has the utmost expertise in providing e-commerce services and solutions and is registered in Pakistan.