Pakistan seeks Alibaba cooperation for cashless economy, SME exports
Finance Minister Muhammad Aurangzeb met Alibaba International Digital Commerce leadership in Bangkok to discuss cooperation on digital payments, e-commerce and technology, including proposals to rationalise e-commerce taxation and accelerate Pakistan’s single window platform, the finance ministry said on Wednesday. Aurangzeb met with the leadership of Alibaba International Digital Commerce (AIDC)…
Finance Minister Muhammad Aurangzeb met with Alibaba International Digital Commerce officials in Bangkok to discuss bolstering Pakistan's digital economy. The talks focused on digital payments, a cashless economy, and tax rationalization for SMEs and exports. Both sides agreed to accelerate the Pakistan Single Window platform and improve tracking of cross-border payments.
Cooperation on cloud infrastructure, AI, and tax administration was also explored, with a focus on data systems, cybersecurity, and institutional capacity. The two sides also discussed modernizing Pakistan Post's sorting systems and expanding agricultural exports to China via Alibaba's retail network. In a separate meeting, Aurangzeb met with ITFC CEO Adeeb Y. Al Aama, reviewing Pakistan's economic progress and exploring longer-term financing options.
The finance minister emphasized the importance of strengthening global partnerships and enhancing Pakistan's export competitiveness.
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