Korea All Set to Fund Pakistan in Smartphones Manufacturing
According to the official sources, Syed Amin-ul-Haque, the Federal Minister of IT and Telecommunication in the federal capital, recently received a call from Suh Sangpyo, the Ambassador of the Republic of Korea. The minister encouraged Korea to support Pakistan in its efforts to manufacture and assemble cellphones there.
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However, the minister welcomed the Korean ambassador to his office, where they spoke about issues of mutual interest regarding IT and telecommunications in order to expand this industry.
Both parties concurred on the need to strengthen their existing IT and telecom collaboration.
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The Korean envoy was informed of Pakistan’s ICT remittances, which increased to around $1.512 billion between July and March of FY 2020–21, representing a 43.59% increase over the US $1.053 billion during the same period the previous fiscal year.
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