Pakistan and the Republic of Korea will soon conclude an MoU to preserve and promote Gandhara Buddhist heritage, Korean Ambassador to Pakistan Suh Sangpyo revealed this at an event organised in connection with his country’s National and Armed Forces Day. The ambassador said this MOU is expected to facilitate the Korean Buddhist tourism project which was discussed when the president of Jogye order, the biggest Buddhist sect in Korea, came to Pakistan back in 2019. Alluding to the cooperation between the two countries in different sectors, Suh Sangpyo pointed out that the Korean companies are increasing investments to Pakistan. In automobile sector, Korea cars, Hyundai and Kia, are locally being produced. In mobile phone business, Samsung Electronics are establishing an assembly line in Karachi and once established as planned by December, the factory will produce three million units of mobile phones a year and provide job opportunities to the locals. The Korean envoy said his country has also doubled Economic Development Cooperation Fund for Pakistan from $ 500 million to $ one billion for five years, starting from next year. Five projects of $40 million are in progress, whilst next year two more projects amounting to $15 million will also be added, he said.
متعلقہ مضامین
-
Petrol price hike by govt challenged in LHC
-
Ailing Umer Sharif expected to fly US in 36 hours: Murtaza Wahab
-
Govt to adopt a gender roadmap to achieve equality: Asad
-
Govt to ensure use of EVM for transparent elections: Khattak
-
Pakistan reports less than 50 daily COVID deaths for the first time
-
Shehbaz seeks ‘equal respect’ for all provinces to boost democracy
-
SBP constitutes 9 committees for Inter-Provincial Athletics Youth Tournament
-
Pakistan earns $195 million from IT services’ export during July 2021
-
Yemeni envoy calls for enhanced academic cooperation with Pakistan
-
England dismisses Pakistan tour following NZ’s decision
-
National Covid positivity ratio down to 4.5%
-
New Zealand team faced no threat in Pakistan: Sh Rashid