Islamabad, Oct 1: The inaugural Pakistan-Russia Trade and Investment Forum is currently underway in Moscow. Minister for Privatization Abdul Aleem Khan expressed optimism, stating that this forum signals the beginning of stronger bilateral ties between the two nations.
He emphasized the long-standing diplomatic and commercial relations between Pakistan and Russia and highlighted the vast potential for joint ventures across various sectors.
Khan also underscored Pakistan-Russia Trade and Investment, noting that it is the fifth-largest market globally and has one of the most liberal trade and investment regimes in the region.
He assured that foreign investments are fully protected and that all sectors are open for international investors.
Pakistan’s Ambassador to Russia, Muhammad Khalid Jamali, expressed satisfaction with the growing trade relationship, noting that bilateral trade has surpassed the one-billion-dollar mark.
He emphasized Pakistan’s view of Russia as a key and reliable trade partner, expressing eagerness to further enhance economic relations between the two countries.
The event also showcased the potential for Russian companies to invest in Pakistan’s infrastructure and energy projects.
Pakistan, on the other hand, is looking to expand its exports to Russia, particularly in textiles, agricultural products, and pharmaceuticals. Representatives from the Russian business community expressed their interest in investing in Pakistan’s emerging sectors, particularly in energy, infrastructure development, and IT.
