Pakistani, Chinese companies ink $250 million MoUs to boost medical sector

Pakistani and Chinese companies have signed pacts worth around $250 million to boost trade in the medical and surgical sector, according to media reports on Saturday.

The Memoranda of Understanding (MoUs) were signed at the China-Pakistan B2B conference in the medical equipment and surgical instrument sector in Beijing on Friday, reported Radio Pakistan.

This collaboration aims to steer more Chinese companies to engage in trade and set up joint ventures in Pakistan in the medical instrument sector, the report stated. The Associated Press of Pakistan (APP) reported that Pakistan's embassy in Beijing confirmed the signing of three MoUs during the conference.

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