Prime Minister Raja Pervez Ashraf has said that Pakistan attaches great importance to its relations with Russian Federation and is keen to intensify economic relations between the two countries.
In a meeting with Russian Delegation in Islamabad on Monday‚ the Prime Minister said the growing economic cooperation between the two countries in various fields has given new impetus to the bilateral relations.
The Prime Minister noted with satisfaction that MOU for the expansion of Pakistan Steel Mills has been approved by the Cabinet and ready for signature by both the sides. The Prime Minister also appreciated the cooperation being extended by Russian Federation for the conversion of Jamshoro and Muzafargarh Thermal power plants from furnace oil to coal.
The Prime Minister urged on the need to facilitate visas to Pakistani Business Community with a view to enhance Business to Business Contacts‚ which will have a positive impact on the volume of trade between the two sides. The Prime Minister was informed that text of the MOU regarding Cooperation in Railways has been approved by Ministry of Railways of Pakistan and Transmashholdings Russia.
The Prime Minister was further informed that besides Energy‚ transportation and Steel Sectors‚ the State Corporation of Russian Technologies are also keen to explore more opportunities of investment in Pakistan.
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