Welcome to the latest news on Pakistan-Russia relations! Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar welcomed Russian Deputy Prime Minister Alexei Overchuk as both countries expressed their commitment to enhancing bilateral relations. The discussions focused on increasing trade, energy cooperation, regional connectivity, and stronger defense ties, with bilateral trade reaching $1 billion in the last fiscal year. Energy cooperation, including talks on LNG and oil purchases, emerged as a crucial avenue for growth.
The two nations also explored boosting trade volume by addressing logistical hurdles and sanctions against Russia. Connectivity was highlighted, with plans to develop rail and road networks to improve trade routes. The possibility of a free trade agreement between Pakistan and the Eurasian Economic Union was also discussed, along with cultural and educational exchanges.
Looking ahead, diplomatic engagements are set to continue with upcoming events like the Pakistan-Russia Trade and Investment Forum and the Pakistan-Russia Intergovernmental Commission. The Russian Prime Minister’s visit to Pakistan for the SCO meeting and collaboration between military leaders further signify the growing relationship between the two countries.
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