Russia trying to streamline banking links with Pakistan

FAISALABAD: Bilateral trade between Pakistan and Russia has not grown according to its potential due to artificial barriers, but serious efforts are being made to remove the obstacles after a meeting between Prime Minister Imran Khan and Russian premier Dmitry Medvedev late last year, stated Russian Ambassador Alexey Dedov.
Speaking to business community at the Faisalabad Chamber of Commerce and Industry (FCCI) on Friday, the Russian envoy pointed out that diplomatic relations between Russia and Pakistan had been deep-rooted since 1948.
“We have been contributing in a big way to the development of Pakistan,” he stressed, adding that Pakistan Steel Mills and many energy-related projects were developed with Russian cooperation.
Around 200 joint ventures have so far been formed in Pakistan in different sectors including telecommunication, engineering, construction, etc. He voiced hope cooperation between the two countries would further deepen…read more
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