Pakistan signs strategic MoUs With Alibaba to boost digital economy
Key takeaways
- Senior federal ministers and high-ranking officials accompanied the prime minister, while senior executives of Alibaba Group were also present at the occasion.
- Under a strategic framework agreement, Alibaba Cloud and Pakistan’s Ignite will collaborate on developing AI models in Urdu and regional languages.
- The agreement further provides for joint AI hackathons and innovation-driven activities to promote technological entrepreneurship in Pakistan.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize HANGZHOU: Prime Minister Muhammad Shehbaz Sharif visited the headquarters of Alibaba Group in Hangzhou, where strategic memoranda of understanding (Mo Us) and agreements were signed between Pakistani public and private sector institutions and the Chinese tech giant to accelerate Pakistan’s digital transformation and technological development.
Senior federal ministers and high-ranking officials accompanied the prime minister, while senior executives of Alibaba Group were also present at the occasion.
The prime minister and Alibaba Group Chairman Joe Tsai attended the signing ceremony of multiple MoUs, aimed at strengthening cooperation in artificial intelligence, cloud solutions, digital trade, fintech, SME development and healthcare innovation.