English Press Release 06.08.2019

Faisalabad. (06-07-2019): Business community of two countries should participate in international trade fairs and exhibitions to cultivate direct B-2-B relations said Mr. Yury M. Kozlov Trade Representative Russian Federation.

Addressing business community at Faisalabad Chamber of Commerce & Industry (FCCI) here today, he said that diplomatic relations between Russia and Pakistan were deep rooted since 1948. He said that Pakistani products have a good place in the Russian market, so Pakistan should participate more.

He ensured that forthcoming Pakistani delegation will be interacting with Russian companies. In this regard, he gave President FCCI  a list of Russian companies so that they could reach relevant members.

Earlier in his address of welcome President FCCI Syed Zia Alumdar Hussain said that there is huge potential of enhancing bilateral trade between two countries.  He further said that we should try to opening banking channel between Russian Federation and Pakistan to improve the bilateral trade. He further said that delegation from FCCI will be prepared to attend the international fair in Russia in September 2019. He requested Mr. Yury that they need their corporation for arranging B2B meetings.

He further said that there is no progress made on the agreement signed three years back for construction of north south 1100 km gas pipeline to connect terminals in Karachi and Lahore for receiving liquefied natural gas. He appreciated the cooperation of Russian Federation in energy sector and suggested that Russian companies should also work on solid waste projects in Faisalabad. He said that there are huge opportunities for Russian investors to install their industries in M3.

Honorary Consul Mr. Shahid, gave full assurance of the visa and B-to-B meeting for the Russian International Fair September 2019 and said that all assistance would be provided in this regard.

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