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UBG welcomes Pakistan-Malaysia economic ties

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United Business Group (UBG) leaders have welcomed the signing of two landmark agreements between Pakistan and Malaysia, paving the way for enhanced economic cooperation.

The agreements include a Memorandum of Understanding (MoU) between the Trade Development Authority of Pakistan and Malaysia’s External Trade Development Corporation, as well as a cooperation pact in halal trade between the two countries’ business councils.

These developments have bolstered confidence among business communities of both the countries, setting the stage for expanded bilateral trade and economic relations.

The UBG leaders emphasized that the successful implementation of the Pakistan Malaysia Preferential Trade Agreement (PTA) is crucial for fully realizing the potential of these agreements.—NNI

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