KARACHI: On Friday, at the CCP headquarters in Islamabad, the Pakistan Telecommunication Authority (PTA) and the Competition Commission of Pakistan (CCP) signed a Memorandum of Understanding (MoU) to create cooperation and collaboration in areas of mutual interest.
At the national level, the partnership between the PTA and CCP will have a big influence, especially in encouraging market competition in business and economic activity.
The areas of collaboration include building a coordinating system to facilitate good working relationships, easing society’s transition to digitalization, encouraging the adoption of new ICT technologies, and using ICT as a tool to help each SDG target be met.
According to the government of Pakistan’s “Vision 2025,” this would ultimately help to realize a digital society, according to the press release.
The MoU includes hosting workshops, discussion forums, and training on pertinent themes and technical breakthroughs in addition to capacity building.
“There is an urgent need for regulators to work in response to the economic crisis that Pakistan is facing,” CCP Chairwoman Rahat Kaunain Hassan stated.
She emphasized the importance of putting in place efficient policies and regulatory frameworks that attract investment, facilitate growth, and foster market competition.
She emphasized the significance of safeguarding customers from anti-competitive behavior once more.
In order to create an enabling climate in light of the current economic challenges, the CCP chairperson advocated for novel and unconventional solutions.
According to the Memorandum of Understanding (MoU) that CCP and PTA signed, both organizations would collaborate within the parameters of their respective missions to increase impact.