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Pakistan and Malaysia sign MoUs for five major projects

ISLAMABAD: Pakistan and Malaysia signed memorandums of understanding for cooperation in five major projects in the car assembly, meat, telecom and stone sectors.

Malaysia has invited Pakistan to participate in a defence exhibition it hosts, said Federal Finance Minister Asad Umar in an informal media talk on Friday.

“Pakistan will showcase its JF17 Thunder — the fighter jet it indigenously developed in collaboration with China,” he said. “Malaysia has also expressed an interest in purchasing rice and halal meat from Pakistan.”

Pakistan will soon implement an agreement to export anti-tank missiles to Malaysia, he said.

In the meantime, both countries have agreed to open branches of their banks in each other’s countries, he said. The finance minister added that Pakistan will capitalize on the Malaysian experience in the tourism industry.

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.