Islamabad, Oct 14: Economy Heading Towards Development Pakistan, Russia, Brazil Express Desire To Invest In Pakistan. In an effort to support Pakistan’s economic development, China, Russia, and Brazil have recently stated their intention to invest in a number of areas.
Restoring international trust in the country’s economy and guiding it toward growth are major tasks for the Special Investment Facilitation Council. While Russia and Brazil are taking part in trade deals with Pakistan, China is eager to transfer its diverse industries to Pakistan.
In this context, more than 60 representatives from important Russian ministries, including industry and commerce, agriculture, and economic development, attended the first Pakistan-Russia trade and investment event in Moscow.
Pakistan has already partnered with Fongrow, a business founded as part of the Green Pakistan project, to import premium livestock from Brazil with the SIFC’s assistance.These three nations are important members of the growing economy known as the Brics, and they are eager for Pakistan to join them.
Because of their quickly growing economies, the member nations of this group are especially well-known for having a big impact on regional and international affairs.
They were held during a recent meeting of the two countries to enhance cooperation and promote areas of possible partnership. Specifically, the Russian and the Brazilian delegations pointed out investment attractive fields like energy, agriculture and technologies.
Although, Pakistan’s government has been doing its best to enhance investment environment, it provides incentives and creates economic zones for FDI. Major economies are therefore considered to have made a comeback in the development of economic growth and development of the country.
