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Pakistan, Russia Sign MoU to Boost Economic, Trade Cooperation

Pakistan and Russia signed a Memorandum of Understanding (MoU) for bilateral cooperation in economy and trade at the Ministry of Foreign Affairs in Islamabad, witnessed by Deputy Prime Minister/Foreign Minister Ishaq Dar and Russian Deputy Prime Minister Alexei Overchuk. 

The MoU between Pakistan Mercantile Exchange (PMEX) and Saint Petersburg International Mercantile Exchange (SPIMEX) was signed by Acting Managing Director PMEX Farhan Tahir from the Pakistan side and by President SPIMEX Igor Artemyev from the Russian side. 

Pakistan also announced its accession to the MoU on Creation and Development of International Transport Corridor Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan. The instrument of accession was signed by Secretary Ministry of Communication, Ali Sher Mahsud from the Pakistan side. 

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