pakrussia agree to strengthen bilateral trade relations
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Pak-Russia agree to strengthen bilateral trade relations

Arab Today, arab today

Arab Today, arab today Pak-Russia agree to strengthen bilateral trade relations

Minister for Commerce and Textile, Pervaiz Malik.
Islamabad - Arab Today

Minister for Commerce and Textile, Pervaiz Malik, who is currently on a visit to Moscow held a meeting with Russian Minister for Industry and Trade, Denis Manturov on the sidelines of the Ministerial Meeting under Shanghai Coordination Organization (SCO), and expressed interest in further strengthening cooperation in all fields of mutual interest including trade, energy, defence, and culture.
The two Ministers expressed satisfaction at the upward trajectory of bilateral relations and expressed interest in further strengthening cooperation in all fields of mutual interest including trade, energy, defense and culture, says a statement received here from Moscow on Thursday.
They also agreed on making joint efforts to enhance trade and economic cooperation between the two countries.
On the occasion Pervaiz Malik extended invitation to Denis Manturov for a visit to Pakistan at his earliest convenience to which Mr Denis responded positively and accepted the invitation.
Earlier, the Commerce Minister attend the 16th Meeting of Ministers of SCO member states responsible for foreign economic and foreign trade activity in Moscow from November 13 to 16.
He was accompanied by MNA Shaista Malik and two officials of the Ministry of Commerce.
The meeting was attended by Ministers of Commerce and Trade of the eight members of the SCO as well as Observers.
The Ministers deliberated on the topic of “Current situation and prospects for further development of multilateral trade, economic and investment cooperation in the region of SCO”.
In his Statement made at the meeting, the Minister highlighted that Pakistan will work proactively with fellow SCO-member states to realize the goals and objectives of this forum in keeping with the SCO Charter and the ‘Shanghai Spirit’ of mutual trust, and shared development.
He said his country looked forward to advancing the overarching goals of SCO to strengthen political, economic and trade relations between the member states and promoting regional peace, security and stability.
“Pakistan is a natural SCO partner, ideally located to provide links for regional economic integration within and between SCO member states,” he said adding China-Pakistan Economic Corridor (CPEC) is in step with SCO’s efforts to create trans-continental overland connectivity resulting in stronger regional economic integration.
Pakistan is partnering in a number of key regional energy and infrastructure initiatives including Turkmenistan-Afghanistan-Pakistan-India (TAPI) and CASA-1000.
He said Pakistan, China, Kazakhstan and Kyrgyzstan have agreed to initiate a bus service that would not only enhance trade but also be an important tool to promote people-to-people contacts among the four countries.
Pervaiz Malik said in line with the government’s vision of shared prosperity through connectivity, Pakistan has undertaken several initiatives which include rebooting of Quadrilateral Traffic in Transit Agreement (QTTA ) among China, Kyrgyz Republic, Kazakhstan and Pakistan, which is also being joined by Tajikistan.
He said the QTTA serves as a channel to regional connectivity and would become even more effective with Pakistan’s membership of SCO.
SCO , Pakistan’s strategic aim is to utilize its unique geopolitical position and economic capital to build trade, energy and communications corridors linking South Asia, West Asia, Central Asia and China.
The Government of Pakistan, he said is working on domestic reforms that would help in promoting regional trade and connectivity.
The initiatives include establishment of the National Single Window to expedite trade clearance, aggressive implementation of Trade Facilitation Agreement and tariff rationalization to improve further our competitiveness and r educe the cost of doing business, he added.
The Minister expressed support for a regional Free Trade Agreement under SCO with a view to opening up partnership opportunities for the whole region.
He underscored that a trade led growth in the region would play a key role in bringing economic prosperity, employment and sustainable development.

Source: APP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pakrussia agree to strengthen bilateral trade relations pakrussia agree to strengthen bilateral trade relations

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pakrussia agree to strengthen bilateral trade relations pakrussia agree to strengthen bilateral trade relations

 



GMT 17:03 2017 Tuesday ,24 January

NBAD issues Global Investment Outlook 2017

GMT 02:15 2017 Tuesday ,31 October

Nov23/Dec21

GMT 13:38 2017 Friday ,29 September

New gene editor used to fix disease

GMT 08:16 2018 Thursday ,29 November

10 killed, 19 wounded in Taliban attack in Kabul

GMT 16:18 2016 Saturday ,02 January

Kuwaiti education minister leaves Cairo

GMT 10:20 2017 Thursday ,23 March

Syrian rebels press major assault near Hama

GMT 21:56 2018 Friday ,19 January

Relatively cold on Saturday

GMT 12:03 2018 Friday ,12 January

Japanese tycoon loans Basquiat masterpiece

GMT 06:35 2014 Monday ,13 January

Rustic living room furniture

GMT 19:00 2016 Saturday ,11 June

South Africans unite to remember Soweto uprising

GMT 08:21 2018 Tuesday ,02 January

Local SME crosses 90% Omanisation rate

GMT 05:08 2017 Sunday ,24 December

2017 Mexico's most violent year in two decades

GMT 18:22 2016 Thursday ,14 July

KSA to compete in 3 science Olympiad events

GMT 17:13 2017 Tuesday ,21 February

British Museum trains specialists on renovating areas

GMT 20:22 2017 Thursday ,02 February

Hillary Clinton re-issues her bestsellers book

GMT 07:35 2017 Tuesday ,18 April

Abu Dhabi teacher licensing is brought forward

GMT 03:50 2017 Friday ,25 August

KPK akan cek fisik helikopter AW-101
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday