Cabinet approves MoU to enhance China trade

The federal cabinet, chaired by Prime Minister Shehbaz Sharif, on Friday approved the signing of a memorandum of understanding (MoU) on the Trade Promotion Cooperation to enhance trade between China and Pakistan.

The decision was made on the recommendation of the Ministry of Commerce. The MoU was aimed at boosting bilateral trade with focus on several key areas such as smart phone production, new energy vehicles, textiles, agricultural product processing, pharmaceutical manufacturing, and information technology.

The government also approved the enactment of legislation concerning the charter of the National University of Modern Languages, on the recommendation of the Ministry of Federal Education and Professional Training.

The cabinet also approved the bill for establishing King Hammad University of Nursing and Associated Medical Sciences being established in cooperation with Bahrain on the recommendation of the ministry of Federal Education and Professional Training. The university will impart education in Pakistan.