Tashkent: The Institute of Business Management (IoBM), Pakistan, and Alfraganus University, Uzbekistan, have entered into a strategic partnership through a Memorandum of Understanding (MoU) signed during the 10th meeting of the UNESCO APEID Entrepreneurship Education Network held in Tashkent, Uzbekistan. This agreement aims to enhance cooperation between the two institutions in various academic and research fields.

According to Institute of Business Management (IoBM), the MoU was signed by Rector Prof. M. Mahmudov of Alfraganus University and Mr. Raza Abbas, who serves as the Head of the Shahjehan S. Karim Incubation Center (SSKIC) at IoBM and the focal person for the UNESCO Entrepreneurship Education Network – Pakistan Chapter. Mr. Abbas represented Rector Prof. Dr. Tariq Rahim Soomro of IoBM in this significant agreement.

The partnership is designed to foster academic and educational cooperation based on principles of equality and reciprocity, aiming to promote sustainable partnerships and mutual understanding between the two institutions. The MoU encourages collaborative efforts in research, educational exchange, and innovation. The signing ceremony was part of an exclusive reception during the UNESCO Entrepreneurship Education Network Meeting, which convened over 250 representatives from 35 countries, including educators, policymakers, and other key stakeholders committed to global entrepreneurship education.

The MoU outlines several areas of collaboration, including student exchange for research and study, faculty and staff exchanges, joint development of academic publications, collaborative research activities, and participation in seminars and academic meetings. Additionally, it emphasizes the exchange of academic materials and joint participation in funded programs such as Erasmus and other international projects.