• Thursday, November 15, 2018

Pakistan to focus specially on technology transfer in future deals

Discussion in 'Pakistan Economy' started by Chakar The Great, Nov 9, 2018 at 1:24 AM.

  1. Chakar The Great

    Chakar The Great FULL MEMBER

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    ISLAMABAD:

    The Pakistan Tehreek-e-Insaf (PTI) government has decided to make transfer of technology a vital part of all future agreements with foreign partners including China in an attempt to ensure a technology-based economy and give a boost to dwindling exports.


    The government feels that no attention has been paid to the transfer of technology in previous agreements. Now, the technology would be given due importance in all future agreements and directives would be issued to all the relevant ministries and divisions in that regard, sources told The Express Tribune.

    In a recent meeting of the cabinet, Prime Minister Imran Khan directed that in all deals with foreign countries including close trade partner China, the Pakistan government should make conscious efforts to ensure that the provisions contained in the agreements adequately provided for the transfer of technology to Pakistan.

    The issue also came up for discussion during the signing of a memorandum of understanding (MoU) between Pakistan and China for deepening cooperation in the field of geosciences.

    The cabinet was informed that the Geological Survey of Pakistan had signed the MoU with the China Geological Survey on July 6, 2010 with a three-year validity. Long after the expiry of the agreement, a meeting took place between the vice minister of the China Geological Survey, the chief of naval staff and Pakistan Ambassador to China Dr Masood Khalid on April 17, 2018.

    Following that, a draft MoU was proposed for expanding cooperation between the two sides in the field of geosciences. The scope of the proposed MoU was quite vast. The Geological Survey of Pakistan made some amendments to define the scope precisely and the sphere of their activity and mandate. An amended draft of the MoU was sent to the Law and Justice Division for review.

    After incorporating the amendments suggested by the Law Division, the draft MoU was examined and cleared by the Ministry of Foreign Affairs from the political point of view. The prime minister directed that besides technology transfer, skill development of youth should also be focused while agreeing to terms of agreements with foreign countries. It was agreed that the Cabinet Division would advise all ministries and divisions in that regard.

    Published in The Express Tribune, November 8th, 2018.
     
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  2. war&peace

    war&peace ELITE MEMBER

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    :bunny::yahoo::pakistan: . that's my input...kept banging my head...now its done.. Alhamdulillah
     
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  3. Crystal-Clear

    Crystal-Clear FULL MEMBER

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    good step..
    .
    .
    while others asked for kickbacks . this is what a government should do . kyun? @Champion_Usmani @Tameem
     
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  4. Syed1.

    Syed1. BANNED

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    Guys we need to look after all Pakistanis whether we agree with them or not. IK government should ask for technology transfer from China regarding handling of donkey meat it will make @Champion_Usmani and @Tameem very happy.
     
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  5. waz

    waz MODERATOR

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    Wait didn't that happen with the Agosta subs? Let's hope things are different this time.
     
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  6. war&peace

    war&peace ELITE MEMBER

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    The difference is that now its a policy and will dictate all future deals while Agosta was a one off riddled with kickbacks and a huge fraud in the name of TOT since Pakistan somehow didn't get any transfer of the technology otherwise we should have been able to construct subs locally instead of looking for imports. But we paid a huge premium in the name of ToT.
     
    Last edited: Nov 9, 2018 at 3:04 AM
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  7. Cash GK

    Cash GK FULL MEMBER

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    amazing. if government can do small thing just small thing. manufacturer mobile lcds in pakistan. we can safe billions. i am in this business. man our lots of money goes to china in that product only..
     
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  8. 313ghazi

    313ghazi SENIOR MEMBER

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    Wonderful news. Let's hope we slowly become a manufacturing and tech hub.
     
  9. waz

    waz MODERATOR

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    True bro, paid millions got peanuts.....
     
  10. GumNaam

    GumNaam SENIOR MEMBER

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    technology transfer means NOTHING until and unless we master the minuscle and the mighty...we need to have technology universities all over the place FIRST! Our engineering students need to be masters in nanotech, semiconductors, commtech, metallurgy and basically every field of physics and chemistry imaginable.
     
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  11. Zaki

    Zaki MODERATOR

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    For moment i am happy to read this news but then I realise PTI takes u-turn for many decisions so there is no guarantee they woll remember this statement by tomorrow
     
  12. GumNaam

    GumNaam SENIOR MEMBER

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    advantage of u turns? you never know if the u turn would to the right or the left... :p: unpredictability takes talent...:enjoy:
     
  13. Indos

    Indos PDF THINK TANK: ANALYST

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    It should be in a form of law so the parliament need to make such law. Indonesia has this kind of law starting in 2009 if I am not mistaken.
     
  14. Jungibaaz

    Jungibaaz MODERATOR

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    Good strategy, China pushed for exactly the same in the late 80s and 90s.
     
  15. AsianUnion

    AsianUnion SENIOR MEMBER

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    That is good, with a booming billion dollar Lahore’s technology and software development market, this technology transfer would be a big boom.

    Good move by governemnt. We can do it.
     
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