Alibaba Group has announced the signing of a memorandum of understanding (MoU) with the Trade Development Authority of Pakistan (TDAP) during Prime Minister Nawaz Sharif’s visit to the Alibaba Headquarters in Hangzhou, China.
Alibaba Group’s Executive Chairman, Jack Ma and Prime Minister Nawaz Sharif witnessed the signing of the Memorandum of Understanding. Michael Evans, President of Alibaba Group, and Douglas Feagin, Senior Vice President of Global Business of Ant Financial, signed the Memorandum on behalf of Alibaba and Ant Financial, respectively.
Prime Minister of Pakistan, Mian Muhammad Nawaz Sharif said:
“I am honored to have had the opportunity to visit the Alibaba Headquarters in Hangzhou, China. Today by entering into this agreement with Alibaba and Ant Financial we further strengthen mutual cooperation and look to bring about a positive change for our small and medium enterprises.
With the support of the Alibaba Group and Ant Financial we hope to elevate our local businesses to new heights and bring them into the realm of the e-commerce platform.”
Alibaba Group’s Executive Chairman, Jack Ma said:
“With the globalization of e-commerce, developing countries are well-placed to support the growth of their small and medium enterprises and to seize opportunities which can help bolster their economies. E-commerce has been established for developing countries and for SMEs. Pakistan has seen significant progress in recent years and we look forward to working together with TDAP to further enhance the potential of their SMEs through the signing of this MoU. ”
Under the terms of the MoU, Alibaba, Ant Financial, and TDAP agree to foster growth of worldwide exports of products by small and medium sized enterprises (SMEs) in Pakistan through e-commerce.
Online and offline training programs for the SMEs will also be conducted by Alibaba in a bid to assist SMEs with on-boarding on to Alibaba’s platforms and optimizing exports through e-commerce.
TDAP will help identify suitable SMEs to participate in the training programs while Alibaba will be responsible for providing industry analysis to TDAP to assist them in their selection process.
In addition, Alibaba, Ant Financial and TDAP have agreed to promote the growth of financial services in Pakistan in areas such as mobile and online payment services. The parties have also agreed to adopt cloud computing services to support the online and mobile e-commerce businesses of SMEs in Pakistan.
Prime Minister #NawazSharif gives remarks about #alibaba group pic.twitter.com/JFWPooD9B1
— Radio Pakistan (@RadioPakistan) May 16, 2017
Nacho BC
Han ji wo to paray ga q k Ali Baba k headquarter me asal k chor jo ghus gaye.. :D
Good news.
AliBaba & Hum (Making Pakistan Proud)
Abdul WAHAB & ProPakistani (Hr post pe GandaGi)
:D
O yes bro ! isay bad-dua hai keh jaa baitaa jaa har post pe post keray tuu !
Chala Jata Ho Yaha Se :
Ye ProPk Ki Mehfil Ab Kaam Ki Nahi :
Good Bye
Inni changi saadi kismet.. Puttar tu fir ajanaa
hahahaha 100% true yaar
Phir bingo !?
very good
علی بابا کا پاکستان میں آنا خوش آئند ہے۔
Good development I think. Will help expand e-commerce culture.
PayPal?
dafa kro ab ussy.. uss ka zamana gya
Hahaha nice! Who needs Paypal when China is here lol :p
nah it is not about china. even in international market there are many alternatives now and there is no paypal monopoly. on other hand our banks are upgrading the services.
PayPal’s monopoly is still there.
IM market still only accepts PayPal.
How so? Any alternatives?
phr ab ?
We need paypal indeed.
us k baad bhe delivery agar Pak Post k pass rahi to kya faida :D
Delivery depend on money pay & get throw dhl or Tcs
Lay man ko kya faida hoga????
Samad Bond
Sharam kar
Aliexpress is best e-commerce website this will be best thing ever for Pakistan.
What does this mean? WHT on Ali express now?
most funny thing, we are looking china and alibaba , but doing oursef nothing,….after alibaba and china, we still be a begger, as a non talented nation.
Is it true that propakistani earn this revenue? https://uploads.disquscdn.com/images/4e6176db6c532578e83b18185a808c16e10f324e203fadbcf98bc4f37c691d88.png
o really? i am gona tag some income tax officers here and FBR as well.
@AbdulWAHABAlam:disqus
Wao Wao ka kaaaam Wao wao he hota hai
You kahy ko chinta krty ho
Main hon na Bhai k sath
AA JAAAA Wapisssssssss
:)
I am Here until unless Jab tak Shaadi Nahi Ho Jati :
Sahi hai
Baad me bhi yahi rehna ok
:p
Good news