IBI Pakistan Digital Economy Headquarters launched

Pakistan on Wednesday launched the IBI Pakistan Digital Economy Headquarters in Islamabad, an integrated platform under the China-Pakistan Economic Corridor (CPEC) focused on trade facilitation, supply chain digitisation, and SME empowerment. The initiative, established by Chinese industrial e-commerce giant IBI Guolian Gufan, will serve as a ‘Digital Silk Road’ and is expected to support more than USD 10 billion in potential trade with China. Deputy Prime Minister (DPM) and Foreign Minister Ishaq Dar, while formally launching the initiative, described it as a powerful symbol of the enduring Pakistan-China partnership and a new chapter of digital collaboration. He said that the launch of the IBI headquarters marked a transformative milestone in the Pakistan-China all-weather strategic partnership.