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Home Southern Asia Pakistan

Pakistan, China sign $440m pharmaceutical agreements

by Asia Today Team
July 19, 2026
in Pakistan
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Pakistan and China have signed a number of agreements value 440 million {dollars} within the discipline of pharmaceutical trade.

The agreements had been signed between Pakistani and Chinese language pharmaceutical corporations at a Pakistan-China Enterprise-to-Enterprise funding convention in Islamabad in the present day.

Addressing the convention, Prime Minister Shehbaz Sharif expressed confidence that the agreements would quickly translate into sensible initiatives and implementation, describing them as one other vital step ahead in selling CPEC 2.0.

He mentioned the participation of round 300 Chinese language delegates within the convention displays the unwavering dedication of each international locations to increasing financial and industrial cooperation.

Highlighting the importance of the pharmaceutical partnership, Shehbaz Sharif mentioned collaboration between Pakistani and Chinese language corporations would assist promote the manufacturing of life-saving medicines and vaccines, strengthen analysis and improvement, and allow Pakistan to emerge as a regional centre of excellence for pharmaceutical exports.

Referring to the prevailing regional state of affairs, the Prime Minister mentioned the continuing disaster has brought about important disruption not solely within the area however the world over. He mentioned Pakistan has performed an vital function in selling dialogue and mediation between the US and Iran.

Reaffirming Pakistan’s dedication to the protection of Chinese language nationals, Shehbaz Sharif mentioned the safety of Chinese language brothers and sisters working in Pakistan stays the federal government’s highest precedence.

He mentioned Pakistan will depart no stone unturned to supply them with the very best safety, including that Chinese language residents are Pakistan’s company and brothers, and their happiness is Pakistan’s happiness.

Later, addressing a information convention, Minister for Nationwide Well being Providers Mustafa Kamal expressed confidence that the agreements would assist create job alternatives, switch of expertise and allow Pakistan to enter into new markets.

On this event, Particular Assistant to the Prime Minister on Industries and Manufacturing Haroon Akhtar Khan mentioned Pakistan has achieved macro-economic stability and now the nation goes to be a producing hub.



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