Russian Ambassador Alexey Yurivich Dedov has said that Pakistani businessmen should explore untapped Russian market as Pakistani products can get right place in that market for being of good quality.
He was speaking at the Lahore Chamber of Commerce & Industry on Monday.
LCCI President Ijaz A Mumtaz presented the address of welcome while Senior Vice President Mian Nauman Kabir, Vice President Syed Mahmood Ghaznavi, executive committee members, Russian Consul General in Karachi Oleg Avdeev and Honorary Consul of Russia in Lahore Habib Ahmed also spoke on the occasion.
The Russian ambassador said that both the countries should take sector specific measures to enhance the mutual trade that does not reflect the existing potential.
He expressed the optimism that both Pakistan and Russian businessmen could enter into joint ventures to benefit each other in their respective businesses and could take to level of bilateral trade to new heights with a little sector specific effort.
He said the Russia had a lot to offer to Pakistani business community while Pakistani businessmen could learn a lot from Russians for the technological upgradation of their industrial units.
Speaking on the occasion, the LCCI president said that the Pakistanis were grateful to Russian Federation for helping Pakistan establish a mega steel mill at Karachi which had played a crucial role in the development of the country. Today, this steel mill is the biggest source of steel products catering to the demand of the country and value addition for related products. But since then no major initiative has been taken by Russian Federation.
