The federal cabinet on Friday approved the signing of a Memorandum of Understanding (MoU) on Trade Promotion Cooperation to enhance trade between China and Pakistan. Prime Minister (PM) Shehbaz Sharif chaired the meeting that decided on the recommendation of the Ministry of Commerce. The MoU was aimed at boosting bilateral trade with a focus on several key areas such as smartphone production, new energy vehicles, textiles, agricultural product processing, pharmaceutical manufacturing, and information technology.
