Alibaba poised to enter Pakistan, signs MoU to promote exports

Marking its entry into Pakistan, Chinese tech giant Alibaba on Tuesday signed an agreement with the Pakistan government to promote exports by the country’s small and medium enterprises (SMEs) via its e-commerce platform, according to local media reports.

A memorandum of understanding (MoU) to this effect was signed in the presence of Alibaba Group executive chairman Jack Ma and Pakistan Prime Minister Nawaz Sharif during the latter’s visit to the headquarters of the Chinese firm.

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