Key Takeaways
- The first Pak-China Business-to-Business (B2B) Conference included the alternative medicine sector.
- Substantial investment commitments and technology transfer agreements were secured.
- 47 Pakistani companies participated, with potential joint ventures worth billions of rupees.
At the inaugural Pak-China Business-to-Business (B2B) Conference, the alternative medicine sector was officially included, marking a significant milestone for Pakistan’s homeopathic and herbal industries. This historic inclusion has set the stage for unprecedented growth and modernization in these sectors.
Kashif Aslam Malik, President of the Pakistan Association of Alternative Medicine (PAAM), expressed profound satisfaction over the successful conclusion of the high-level trade forum. He highlighted that this event is a monumental milestone for the alternative healthcare industry, emphasizing its socio-economic importance.
The Federal Minister for National Health Services, Regulations and Coordination, Syed Mustafa Kamal, played a pivotal role in facilitating the participation of 47 premier Pakistani alternative medicine companies at the conference. His visionary leadership and unwavering patronage made this historic integration possible.
Dr Obaid, Chief Executive Officer of the Drug Regulatory Authority of Pakistan (DRAP), was also acknowledged for their extraordinary efforts in advancing the alternative medicine landscape. The proactive guidance provided by DRAP ensured a robust representation of Pakistani companies at the bilateral summit.
The PAAM President noted that through this elite platform, highly encouraging progress has been achieved regarding joint ventures worth billions of rupees, cross-border transfer of cutting-edge manufacturing technologies, and boosting international exports of Pakistani homeopathic and herbal products. These economic dividends are expected to manifest across the national landscape in the near future.
Federal Health Minister Syed Mustafa Kamal recognized the intrinsic socio-economic worth of the alternative healthcare sector by facilitating this participation. This high-level recognition serves as a testament to the success of PAAM’s agenda, which is dedicated to bringing alternative medicine systems into the mainstream while ensuring strict regulatory alignment and industrial stabilization.
The PAAM President expressed deep gratitude to the Ministry of Commerce, the Board of Investment (BOI), and the Trade Development Authority of Pakistan (TDAP) for their round-the-clock dedication in making the conference a success. These institutions played an indispensable role in supporting the Pakistani delegation’s representation at the bilateral summit.
Under the leadership of Syed Mustafa Kamal, the official patronage and structural empowerment of the alternative medicine sector are expected to continue scaling new heights. Kashif Aslam Malik remains optimistic about the future prospects for these industries, citing the significant progress made during the conference.
The event is a monumental milestone for the alternative healthcare industry.
Kashif Aslam Malik, President of the Pakistan Association of Alternative Medicine (PAAM)
His visionary leadership and unwavering patronage made this historic integration possible.
Kashif Aslam Malik, President of the Pakistan Association of Alternative Medicine (PAAM)
