MG JW Automobile Pakistan has signed a Memorandum of Understanding (MoU) with Bangladesh’s RANCON Group to expand vehicle exports and strengthen automotive cooperation between the two countries. Under the agreement, MG JW Automobile will export 100 locally assembled vehicles to Bangladesh this year, with total exports projected to reach 5,800 vehicles over the next four years. Speaking on the occasion, Jianqiang Shao, CEO of MG JW Automobile Pakistan, said, “This MoU marks a proud moment for MG JW Automobile Pakistan and for Pakistan’s automotive industry. “With support of SAIC Motor, the business model shifts from China CBU exporting Bangladesh to MG Pakistan KD exporting. MG JW Automobile CEO Jianqiang Shao reaffirmed the company’s commitment to expanding exports from Pakistan to regional and international markets.