Pakistan & Russia sign an MOU of bilateral cooperation in the domain of economy & trade
ISLAMABAD, Sep 18 (SABAH): Pakistan and Russia on Wednesday signed an MOU of bilateral cooperation in the domain of economy and trade at a ceremony held at the Ministry of Foreign Affairs, Islamabad and witnessed by the Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar and the Deputy Prime Minister of the Russian Federation Alexei Overchuk.
The MoU between Pakistan Mercantile Exchange (PMEX) and Saint Petersburg International Mercantile Exchange (SPIMEX) was signed by Acting Managing Director PMEX Farhan Tahir from the Pakistan side and by President SPIMEX Igor Artemyev from the Russian side.
Pakistan also announced its accession to the MoU on Creation and Development of International Transport Corridor Belarus-Russia-Kazakhstan-
Meanwhile Mohammad Ishaq Dar on Wednesday held delegation-level talks with the Russian Deputy Prime Minister Alexei Overchuk.
The two sides discussed the entire spectrum of bilateral cooperation and noted the positive momentum in Pakistan-Russia relations over the last two decades. They agreed to pursue robust dialogue and cooperation in areas of trade, industry, energy, connectivity, science, technology and education.
Deputy Prime Minister Dar expressed Pakistan’s desire to intensify bilateral, political, economic and defence dialogue with the Russian Federation.
The two sides also agreed to continue coordination on multilateral fora including at the United Nations and the Shanghai Cooperation Organization. Deputy Prime Minister Dar thanked the Russian side for its support to Pakistan’s bid for the membership of BRICS.
The two Deputy Prime Ministers agreed to maintain close cooperation in all areas of mutual interest.
Deputy Prime Minister Overchuk’s visit is taking place in pursuance of the vision of Prime Minister Mohammad Shehbaz Sharif and President Vladimir Putin on transforming bilateral relations into a solid, mutually beneficial economic partnership.