ISLAMABAD: Pakistan has signed a memorandum of understanding with South Korea, seeking to promote the employment of its citizens in the East Asian country.
Pir Syed Sadruddin Shah Rashidi, the minister for Overseas Pakistanis & Human Resource Development, signed the MoU in a ceremony held at the ministry on Wednesday.
Pakistan, Iran to promote tourism
Through the initiative, Islamabad is seeking to employ Pakistani workers in Korea through the Overseas Employment Corporation (OEC) for two years (2018-19).
While Pakistan has experienced its highest economic growth in over a decade, experts believe the rate is not high enough to absorb the population that enters the workforce each year.
The minister appreciated the Korean delegation for giving Pakistan an opportunity to send its workers through a transparent and efficient mechanism.
Turkish company announces investment of $150m in Pakistan
Secretary Dr Muhammad Hashim Popalzai, Ambassador of Korea in Pakistan Kwak Seong Kyu, OEC Managing Director Dr Amer Sheikh, and other senior officers were also present on the occasion.
Published in The Express Tribune, March 8th, 2018.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ