Minister of State for Finance and Revenue, Bilal Azhar Kayani meets with e-commerce giants to discuss strategies for boosting digital economy.
Minister of State for Finance and Revenue, Bilal Azhar Kayani, chaired a significant consultative meeting on Friday involving representatives from Daraz and Alibaba Group. The primary focus of the discussion was to explore measures that can strengthen Pakistan’s e-commerce sector and contribute to the growth of the digital economy.
During the meeting, Kayani emphasized the importance of collaboration between government entities and private sector players to foster an environment conducive to business expansion and innovation. He highlighted the potential benefits for both local businesses and consumers through enhanced digital platforms and services.
Representatives from Daraz and Alibaba Group shared insights on best practices in e-commerce and expressed their willingness to contribute to Pakistan’s economic development. They discussed various initiatives aimed at improving logistics, payment systems, and customer experience, which are crucial elements for the success of online retail operations.
The meeting also touched upon regulatory frameworks that could support the growth of digital commerce while ensuring consumer protection and fair competition. Kayani assured that the government would work towards creating a favorable policy environment to facilitate such partnerships.
This consultative session marks an important step in leveraging international expertise to drive Pakistan’s e-commerce sector forward, aligning with global trends and standards. By fostering stronger ties between local and multinational companies, there is potential for significant economic benefits and job creation in the digital space.
