On the sidelines of Boao Forum for Asia (BFA) Conference, Pakistan and Russia on Thursday reaffirmed commitment to strengthening economic and trade ties.
\nAccording to press release issued by finance ministry, the reaffirmation was made during the meeting of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb with the Deputy Prime Minister of the Russian Federation, Alexei Overchuk.
\nDuring the meeting, the Minister reaffirmed Pakistan\u2019s commitment to enhancing economic, trade, and investment ties with Russia.
\nHe emphasized the growing momentum in bilateral relations, especially in the fields of energy, trade, and industrial collaboration, recalling the significant progress made during the 9th session of the Pakistan-Russia Inter-Governmental Commission (IGC) in Moscow, co-chaired by Pakistan\u2019s Minister for Energy, Awais Ahmed Leghari, and Russia\u2019s Minister of Energy, Sergei Tsivilev.
\nDiscussions during the meeting also focused on strengthening energy cooperation, with Pakistan expressing interest in expanding the procurement of crude oil and investments in oil and gas exploration.
\nThe two dignitaries also delved into opportunities for collaboration in the hydropower sector, with Pakistan welcoming Russia\u2019s technical expertise and investment.
\nAdditionally, the Minister acknowledged the significance of the Pakistan-Russia Freight Pilot Train Project, scheduled for launch on March 31, 2025, under the North-South Transport Corridor via Iran. Both sides discussed measures to ensure smooth operations, including customs facilitation and regulatory alignment.
\nPakistan\u2019s keen interest in establishing a new steel mill with Russian collaboration was also highlighted. The Minister stressed the importance of feasibility studies and cost assessments to move the project forward.
\nIn closing, the Federal Minister reaffirmed Pakistan\u2019s commitment to strengthening its economic and trade relations with Russia and expressed optimism about expanding bilateral cooperation in key areas of mutual interest.
\nThe meeting concluded on a positive note, with both sides eager to achieve tangible progress in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"
On the sidelines of Boao Forum for Asia (BFA) Conference, Pakistan and Russia on Thursday reaffirmed commitment to strengthening economic and trade ties. According to press release issued by finance ministry, the reaffirmation was made during the meeting of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb with the Deputy Prime Minister of the …<\/p>\n","protected":false},"author":4,"featured_media":79033,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-79017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/79017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=79017"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/79017\/revisions"}],"predecessor-version":[{"id":79035,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/79017\/revisions\/79035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/79033"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=79017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=79017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=79017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}