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First Pakistan-Russia Trade and Investment Forum

Published

5 months ago

Farwa

Currently taking place in Moscow is the inaugural Pakistan-Russia Trade and Investment Forum.

A delegation of Pakistani businesses is in Moscow for the Business to Business Forum, under the leadership of Federal Minister of Privatization and Communications, Abdul Aleem Khan.

Over 70 Pakistani businessmen from various sectors make up the group, while over 100 Russian companies are taking part in the Trade and Investment Forum.

“Our current trade volume does not reflect the potential of two countries,” Privatization Minister Abdul Aleem Khan remarked in his speech to the Forum.

He stated that we want to increase investment and trade.
We have the most liberal trade and investment policies, and Pakistan is the fifth-largest country.

Considering that over 60 Pakistani businesspeople attended the forum with Aleem Khan, he expressed great optimism for the growth of bilateral trade between the two nations.

Adding that Pakistan and Russia have longstanding diplomatic and commercial ties, he added that today marks the beginning of new bilateral ties.

He stated that the Pakistani government places great significance on its connections with Russia.

Alexey Gruzdev, the deputy minister of trade and investment for Russia, welcomed the delegates from Pakistan and stated that the meeting will improve bilateral ties between the two nations.

He claimed that new channels for investment and trade between the two nations will be opened up by this forum.
Russia’s commercial potential with Pakistan will rise, according to Pakistan’s ambassador to Moscow, Muhammad Khalid Jamali. Both countries stand to gain from the commerce, he said. He remarked, “In 2022, we signed an agreement for road transport.”

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Rs. 209 billion was given to 31,700 young business owners.

Published

15 minutes ago

Farwa

Over the course of the last eight months, 31,700 young entrepreneurs have received an incredible 209 billion rupees from the Prime Minister’s Youth Program through the Prime Minister Youth Business And Agriculture Loan Scheme, a major boost to entrepreneurship and youth empowerment.

The goal of this program is to provide young people with the tools they need to start and expand their businesses, which will eventually result in profitable employment and economic expansion.

With a simple online application process, prospective young entrepreneurs can now readily access the Prime Minister’s Youth Program benefits. Loan facilities are offered to youth through 15 different banks.

This significant accomplishment shows the government’s dedication to creating an environment that encourages young entrepreneurs and allows them to contribute to the growth and prosperity of the nation’s economy.

Latest News

DY PM Meets with the Saudi Envoy

Published

21 minutes ago

Farwa

In Islamabad, Saudi Ambassador Nawaf Bin Saeed Ahmad Al-Malkiy paid a visit to Deputy Prime Minister Ishaq Dar.

Both pledged to deepen the already strong and long-standing relationship between the two nations, especially in the fields of investment and trade.

The Ambassador wished the DPM and the Pakistani people a happy Ramadan.

For Saudi Arabia’s government and citizens, Ishaq Dar did the same.

Latest News

Ishaq Dar Evaluates Foreign Investment Developments

Published

23 minutes ago

Farwa

A meeting to assess the status of foreign investments in the maritime and aviation sectors was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister and foreign minister.

The meeting was attended by senior officials from many departments, including the secretaries of defence, privatisation, the board of investment, law, and maritime affairs.