# Small and Medium Enterprises Development Authority (SMEDA) signed a Memorandum of Understanding (MoU) with Alibaba Group.

*business · news · 2026-05-24 · BOL News*

## Key points

- SMEDA and Alibaba Group have signed an MoU to boost Pakistan SMEs' digital trade.
- This partnership is specifically aimed at expanding global market access for Pakistani SMEs.
- The initiative is expected to create new export and digital commerce opportunities for youth and startups.
- Facilitating e-commerce connections with international markets is now a declared government priority.

**Companies:** Alibaba Group, Small and Medium Enterprises Development Authority
**Countries:** Pakistan, China

[Read the full story on BOL News](https://www.bolnews.com/business/smeda-and-alibaba-group-sign-mou-to-promote-pakistans-digital-economy/)

---

Canonical: https://newsio.io/n/ba9c1513-94af-4eb4-a08a-ebc023c3138a/small-and-medium-enterprises-development-authority-smeda-signed-a-memorandum-of
Summarized by Newsio from BOL News. https://newsio.io/how-it-works