A Bloomberg story:

Pakistan’s Air Link Communication Ltd. plans to start assembling Xiaomi Corp. televisions in January to sell in the world’s fifth-largest nation. 

The companies, which forged a partnership two years ago to sell mobile phones in Pakistan, don’t expect major investment will be needed since the assembly lines for both products are quite similar, Air Link CEO Muzzaffar Hayat Piracha said in an interview. 

The South Asian nation experienced a turn of fortune after securing a deal with the International Monetary Fund that doubled foreign exchange reserves to $8 billion. In one of its demands, the IMF required the nation to lift all curbs on imports, a move that has been a relief for companies including Air Link.

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