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Pakistan , Russia sign MoU for trade , investment

Islamabad : Pakistan and Russia signed an MOU of bilateral cooperation in the domain of economy and trade at a ceremony held at the Ministry of Foreign Affairs, Islamabad and witnessed by the Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar and the Deputy Prime Minister of the Russian Federation Alexei Overchuk here on Wednesday.

The MoU between Pakistan Mercantile Exchange (PMEX) and Saint Petersburg International Mercantile Exchange (SPIMEX) was signed by Acting Managing Director PMEX Farhan Tahir from the Pakistan side and by President SPIMEX Igor Artemyev from the Russian side.

Pakistan also announced its accession to the MoU on Creation and Development of International Transport Corridor Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan. The instrument of accession was signed by Secretary Ministry of Communication, Ali Sher Mahsud from the Pakistan side.

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