In an impressive move to bolster the medical trade and investment sector, Pakistan and China have signed Memorandums of Understanding (MoUs) worth $250 million at the China-Pakistan B2B matchmaking conference held in Beijing. This momentous event marks a significant step forward in the collaborative efforts between the two nations.

Key Agreements:

• Silk Road Assistance Industrial Internet Platform: This advisory service provider entered into agreements with Pakistan’s dental and surgical instrument manufacturer Sawuat, as well as Chinese pharmaceutical company UPH Biopharma. These agreements aim to facilitate more Chinese companies in engaging in medical trade and setting up joint ventures in Pakistan.

• China Pakistan Medical Association (CPMA): The CPMA reached an agreement with a technology company based in Hangzhou, China. The association is working on the ambitious project of building a China-Pakistan friendship hospital and a joint medical technology park in Pakistan.

Conclusion of Series and Upcoming Events:

This event marks the conclusion of the first series of seven B2B events held since the Pakistani Prime Minister’s visit to China last June. Another seven roadshows are in the pipeline and scheduled to roll out next month, further strengthening the bond between the two nations.

With these significant agreements, Pakistan and China continue to pave the way for enhanced medical trade and investment, ultimately benefiting the healthcare sectors of both countries.

Image by Dawn