Saturday, September 24, 2022

Pakistan wants Facebooks parent company to establish local office - Geo News

Last updated Wednesday, September 21, 2022 04:31 ET , Source: TopWireNews

FM Bilawal Bhutto Zardari meets Meta's Nick Clegg on sidelines of UNGA.
Meta affirms interest in continued engagement with Pakistan.
Clegg says Meta’s Pakistan team comprises entirely of Pakistani professionals.
Minister for Foreign Affairs Bilawal Bhutto Zardari has asked a high-ranking Meta official to open their company's office in Pakistan in a bid to facilitate communication between the local authorities and the social media giant.
Facebook is now called Meta, the company announced last year, in a rebrand that focuses on building the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet.
The foreign minister met Meta's Global Affairs President Nick Clegg on the sidelines of the United Nations General Assembly's (UNGA) 77th session, where he is part of the delegation representing Pakistan.
The foreign minister, talking about the opportunities available in Pakistan, said that the country has a tech-savvy young population (64% below the age of 30), high teledensity, massive digitisation of the economy, and a business-friendly regulatory regime.
“Pakistan’s IT sector has registered strong growth in the recent past opening new opportunities for platforms like Meta to expand its operations in Pakistan”, the foreign minister told the social media company's official.
Clegg said that Meta’s Pakistan team comprises entirely of Pakistani professionals. He briefed the foreign minister on Meta’s ongoing connectivity and...

Read Full Story: https://www.geo.tv/latest/441637-pakistan-wants-facebooks-parent-company-to-establish-local-office

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