Chinese, Pakistani firms sign $250m MoUs

MoUs worth around $250 million were signed at the China-Pakistan B2B matchmaking conference in the medical equipment and surgical instrument sector held today in Beijing.

Silk Road Assistance Industrial Internet Platform, a provider of advisory services for companies to do cross-border businesses, entered into agreements respectively with Pakistan's dental and surgical instrument manufacturer Sawuat, and Chinese pharmaceutical company UPH Biopharma.

This collaboration aims to steer more Chinese companies to engage in trade and set up joint ventures in Pakistan in the medical instrument sector.