Home Business Pakistan, China associations sign agreement on medical devices collaboration

Pakistan, China associations sign agreement on medical devices collaboration

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ISLAMABAD, Dec. 14 (INP-WealthPK)—Three Chinese and Pakistani associations have reached an agreement to collaborate in medical device innovation and application.

The signing ceremony of the agreement was held in Shanghai in China, according to a press statement received by WealthPK.

The three associations included in the agreement are Shanghai High-end Medical Equipment Innovation Centre, the China-Pakistan Medical Association (CPMA) and the Journal of Economic Affairs Pakistan.

President CPMA, Muhammad Shahbaz, during his speech at the signing ceremony said that it was a great achievement for CPMA to have entered into a tri-party agreement with other associations.

He said that collaboration between the Chinese and Pakistani medical equipment industries will further strengthen the strategic partnership between the two countries.

According to the provisions of the memorandum of understanding, the party associations of the agreement will collaborate to arrange the China-Pakistan International Medical Exhibition at a suitable time.

The exhibition will showcase medicine, medical device products, and medical services.

It has also been agreed between the parties that training of medical personnel will also be carried out to improve their use of high-tech medical equipment.

In addition, the three parties to the agreement will also arrange the “Belt and Road China-Pakistan Medical Forum” to bring medical practitioners from both countries together to share ideas and collaborate on joint ventures.

It is pertinent to mention that Shanghai High-end Medical Equipment Innovation Centre is a medical device cooperation platform initiated by China’s University of Shanghai for Science and Technology (USST) and partner institutions.

The tri-party agreement is one of eight deals signed at the conference.

Hosted by the USST, the medical device innovation and application forum is designed to boost cooperation in the medical equipment industry among countries along the Belt and Road Initiative.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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