Pakistan Seeks Alibaba Cooperation for Cashless Economy, SME Exports

Finance Minister Muhammad Aurangzeb met Alibaba International Digital Commerce leadership in Bangkok, focusing on digital payments, e-commerce, and technology to foster a cashless economy and accelerate SME exports. Discussions also covered rationalizing e-commerce taxation, enhancing the Pakistan Single Window platform, and improving cross-border payment tracking. Separately, Aurangzeb reviewed trade finance with ITFC and discussed economic progress with the UN Deputy Secretary-General. While these initiatives aim to strengthen Pakistan's economy long-term, their immediate impact on gold or currency rates in Pakistan is expected to be minimal.

بحوالہ / Source: www.brecorder.com