PR No. 105 Islamabad
A number of important business agreements and Memoranda of Understandings (MoUs) are expected to be signed between Pakistan & Belarus during the recent visit of Mr. Vitaly Vovk Minister of Industry of Belarus, Mr. Vitaly Vovk called on Federal Minister for Industries and Production Rais Ghulam Murtaza Khan Jatoi today in his residence and informed him about important business agreements and MoUs that are expected to be signed between Pakistan and Belarus.
Federal Minister for Industries and Production Rais Ghulam Murtaza Khan welcomed the delegation and stated that this visit is reflective of the increasing ties between Pakistan and Belarus and will certainly provide impetus to further expand bilateral relations in various sectors especially economic, trade & commerce, investment and other areas of mutual interest. These agreements and MoUs will not only strengthen and enhance the bilateral ties between the two countries but will also provide innumerable business and investment opportunities to the business communities of both countries.
Federal Minister for Industries and Production appraised Mr. Vitaly Vovk Minister of Industry of Belarus about the arrival business delegation from Belarus in Pakistan to explore mutual beneficial business opportunities through business to business deals with Pakistani counterparts. “Bilateral relations between Pakistan and Belarus have progressed rapidly over the last two years and will grow further with time”, added Mr. Vitaly Vovk Minister of Industry of Belarus.
The two countries have immense potential for economic and commercial relations and the current trade volume could be substantially enhanced, added the Minister. The Minister further said that Pakistan offers excellent opportunities for foreign investors especially as a result of CPEC. Belarusian investors can make use of the incentives provided by the Government of Pakistan and can get benefitted from the Special Economic Zones.