ANI
26 Nov 2021, 05:33 GMT+10
Saint Petersburg [Russia], November 25 (ANI): Pakistan and the Russian region of Ural signed a memorandum of understanding to boost bilateral cooperation, the Pakistani Embassy in Russia said on Thursday.
This comes after representatives from the two sides discussed trade cooperation, including new opportunities for Pakistani companies to enter the Russian market.
The agreement came amid the 7th meeting of the Pakistan-Russia Inter-Governmental Commission on Trade, Economic, Scientific, and Technical Cooperation held in Russia from November 24-26.
"The Ural Chamber of Commerce and Industry, represented by Vice President Mikhail Kozlov, and the Federation of Pakistan Chambers of Commerce and Industry, represented by Mohsin Sheikh, Director and Ex-Chairman of the Pakistan-Russia Business Council, signed a Memorandum of Understanding creating further economic and trade cooperation opportunities between the two countries," the embassy said in a statement obtained by Sputnik.
"The current intergovernmental negotiations on building the New Trade Corridor through Pakistan-Central Asia-Russia is a clear sign of a new page in the strategic partnership between Russia and Islamabad," the statement read.
Russia and Pakistan have managed to boost their political and economic ties in recent years despite the coronavirus pandemic, it added.
The signing ceremony was held in the Russian city of Yekaterinburg, attended by the Pakistani Minister for Economic Affairs Omar Ayub Khan, Pakistani Ambassador to Russia Shafqat Ali Khan, among other Pakistani officials, as well as representatives of the Russian Ministry of Economic Development. (ANI)Get a daily dose of Belgium Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Belgium Sun.
More InformationDUBLIN, Ireland: Irish Rail incurred over 26,000 euros in damages due to a series of graffiti incidents carried out by a 24-year-old...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
DUBLIN, Ireland: Taoiseach Micheál Martin has expressed cautious optimism that the European Union and the United States can strike...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
DUBLIN, Ireland: Despite extreme heat gripping much of mainland Europe, Irish holidaymakers are pressing ahead with their travel plans,...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
ATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...