Pakistan, China sign MoUs on machinery, vaccines and medical technology

Pakistan and China on Friday signed two memoranda of understanding (MoUs) and a joint venture agreement in Sanya covering construction machinery, animal vaccines and medical technology, thereby supporting cooperation between the two countries in key sectors, according to an official statement shared by the presidency.

President Asif Ali Zardari attended the signing ceremony where a documentary highlighting 75 years of friendship between Pakistan and China was also screened.

The ceremony was also attended by Special Assistant to Chief Minister Syed Qasim Naveed Qamar, Chief Secretary Sindh Ali Hassan Brohi and Pakistan Ambassador to China Khalil Hashmi.

According to the Pakistan Peoples Party (PPP), an MoU was signed between Al-Hassan Trade Establishment, Sany International Development and Henan Jialong International Technology. The agreement is expected to promote the supply of construction machinery and equipment linked to CPEC projects.

The three sides will also explore investment opportunities for establishing manufacturing facilities in Pakistan. The signatories included Senator Saleem Mandviwalla, Sany Group Vice President Li Chen, and Chairman Hao Jiaolong.

Read: President Zardari’s visit to China brings bonanza of MoUs

A separate agreement was signed for a joint venture agreement between the Livestock and Fisheries Department, Government of Sindh and China’s Luoyang Modern Biology Group.

Sindh Senior Minister Sharjeel Inam Memon and Chairman of Luoyang Modern Biology Group Wang Shanpu signed the agreement.

According to the OPP, the collaboration aims to strengthen cooperation in the livestock and fisheries sectors with a focus on improving animal health services and modern biological solutions. The agreement also contains provisions for future cooperation on the implementation of animal traceability systems.

In the medical technology sector, an MoU was signed between Ziauddin Hospital and Shenzhen Weibang Technology. The agreement aims to promote the use of advanced artificial intelligence-based medical robots in clinical medicine.

It was signed by Dr. Anoop Kumar Dawani from Ziauddin Hospital and Deputy Director of Shenzhen Weibang Technology, Deng Haitao.

This is the second set of MoUs that Pakistan is signing with China this week. The two countries signed three memorandums of understanding (MoUs) in Changsha on Monday, covering water desalination in Karachi, agricultural technology and cooperation in the tea sector.

The President, who is on a week-long visit to China’s Hunan and Hainan provinces for engagements related to economic and trade cooperation, said Pakistan attaches great importance to expanding cooperation with China in key industrial sectors.