MG Pakistan to export vehicles to Bangladesh, boosting foreign exchange

MG JW Automobile Pakistan has inked a deal with Bangladesh’s RANCON Group to export 100 locally assembled vehicles this year, with projections reaching 5,800 over four years. This agreement marks a significant milestone for Pakistan's automotive industry, reflecting growing international confidence and the government's export-oriented vision. Officials state the exports will generate millions of dollars in foreign exchange, supporting the country's industrial growth agenda. This positive development for Pakistan's exports could help stabilize the USD/PKR exchange rate, potentially influencing local gold and silver prices.

بحوالہ / Source: www.brecorder.com