Omar1984
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KARACHI: The Russian Federation is eager to help Pakistan in projects related to transport.
Russian Federations Trade Missions Head Yuri Kozlov in Islamabad, during a visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Karachi said they have been awaiting a response from the government of Pakistan with regard to a proposal submitted in this respect.
President FPCCI Senator Haji Ghulam Ali praised Russias important role in world politics and economics, stressing he hoped Russia would regain the status of a leading global power to balance the vacuum created by the collapse of the Soviet Union.
Ali informed that he planned to visit Russia with a high-ranking delegation of leading businessmen in September 2011, but he also welcomed the possibility of a Russian trade delegation visiting Pakistan before or after that. He said FPCCI would facilitate any visiting delegation from Russia in every manner possible.
Ali spoke about the immense opportunities for foreign direct investment available in Pakistans economy in mining, transport and power generation.
He expressed the hope Kozlov could communicate the existence of opportunities in these areas to Russian investors.
FPCCI senior member Tabbani pointed out Russia could help revive the steel and railways sectors of Pakistan, which were currently facing stagnation.
FPCCI Director General Mir Nasir Abbas suggested pharmaceuticals, precious and semiprecious gemstones, seafood, edible fruits and nuts, cereal (rice), cotton and leather as products, which held immense export potential for the Russian market.
He mentioned both countries had constituted the Russia-Pakistan Intergovernmental Commission in 2010, which was working hard to further streamline economic cooperation between the two countries.
He said Pakistan, Afghanistan, Tajikistan and Russia were working on linking their road networks and the completion of this project would facilitate trade and industry considerably.
Pakistan Russia Business Council could both play a useful role in furthering bilateral trade between the two countries. Areas for further action identified during the meeting were the opening of direct banking channels to facilitate traders, the possibility of direct flights between Pakistan and Russia and conducting direct trade, rather than through third parties such as Dubai and Europe. staff report
Daily Times - Leading News Resource of Pakistan
Russian Federations Trade Missions Head Yuri Kozlov in Islamabad, during a visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Karachi said they have been awaiting a response from the government of Pakistan with regard to a proposal submitted in this respect.
President FPCCI Senator Haji Ghulam Ali praised Russias important role in world politics and economics, stressing he hoped Russia would regain the status of a leading global power to balance the vacuum created by the collapse of the Soviet Union.
Ali informed that he planned to visit Russia with a high-ranking delegation of leading businessmen in September 2011, but he also welcomed the possibility of a Russian trade delegation visiting Pakistan before or after that. He said FPCCI would facilitate any visiting delegation from Russia in every manner possible.
Ali spoke about the immense opportunities for foreign direct investment available in Pakistans economy in mining, transport and power generation.
He expressed the hope Kozlov could communicate the existence of opportunities in these areas to Russian investors.
FPCCI senior member Tabbani pointed out Russia could help revive the steel and railways sectors of Pakistan, which were currently facing stagnation.
FPCCI Director General Mir Nasir Abbas suggested pharmaceuticals, precious and semiprecious gemstones, seafood, edible fruits and nuts, cereal (rice), cotton and leather as products, which held immense export potential for the Russian market.
He mentioned both countries had constituted the Russia-Pakistan Intergovernmental Commission in 2010, which was working hard to further streamline economic cooperation between the two countries.
He said Pakistan, Afghanistan, Tajikistan and Russia were working on linking their road networks and the completion of this project would facilitate trade and industry considerably.
Pakistan Russia Business Council could both play a useful role in furthering bilateral trade between the two countries. Areas for further action identified during the meeting were the opening of direct banking channels to facilitate traders, the possibility of direct flights between Pakistan and Russia and conducting direct trade, rather than through third parties such as Dubai and Europe. staff report
Daily Times - Leading News Resource of Pakistan
