Moscow is hosting the inaugural Pakistan-Russia Trade and Investment Forum.
During his remarks at the event, Minister for Privatization Abdul Aleem Khan expressed his optimism that the forum will serve as the beginning of new bilateral relations between the two nations.
He claimed that Russia and Pakistan have had close diplomatic and business ties for a long time. According to him, Pakistan places a high value on its relations with Russia, and both countries have a lot of potential for future cooperative ventures in a variety of industries.
Pakistan has a favorable economic climate, as the Minister for Privatization pointed out.
Pakistan, he claimed, has the most free trade and investment policies in the area and is the world’s fifth-largest market. He stated there is complete protection for foreign investment in Pakistan. Investments are welcome in every area of our economy.
In his remarks on the occasion, Pakistan’s ambassador to Russia, Muhammad Khalid Jamali, expressed his satisfaction that bilateral trade between his country and Russia has surpassed one billion dollars. He said that this indicates both countries’ growing desire to improve their trade and economic ties.
Pakistan sees Russia as a significant and trustworthy trading partner, according to the ambassador. In order to strengthen their economic ties, he added Pakistan is eager to collaborate with Russia.
