Pakistan, Russia to sign ‘few agreements’ in diverse sectors 

Islamabad: Minister for Economic Affairs Division Sardar Ayaz Sadiq Friday announced that Pakistan and Russia have agreed to sign ‘few agreements for promotion of cooperation in diverse fields’.

While addressing a press conference at the conclusion of the three-day Intergovernmental Commission (IGC) meeting, the federal minister said during these days subjects of mutual interests had been discussed. 

Minister for Economic Affairs said that the 8th IGC meeting would lay the foundation of a ‘new relationship’ between Russia and Pakistan in different sectors including energy, economy, trade, technology, education and business to business transactions.

Sardar Ayaz Sadiq said some more agreements are also in the pipeline.

The federal minister said that both sides discussed cooperation in range of areas including rail transportation, food security, aviation, education, oil and gas, natural resources and opening up of financial arrangements between the two countries.

The Minister said that there will be significant announcements in the energy field as well.

“Follow up of these developments is going to be a key factor in implementation of these projects,” he added. 

The minister also expressed gratitude for Russian government for agreeing to suspend debt service for Pakistan during this critical time.

He also appreciated international community for helping the affected communities [affected by recent floods] of Pakistan.