PR No.193 Pakistan And Russia Are Entering Into A New Phase Of Strong And Fruitful Relationship. PM Islamabad

Prime Minister Muhammad Nawaz Sharif has said that the economic indicators of the country are fast growing and Pakistan is becoming an attractive destination for foreign investors, especially in the field of energy. The Prime Minister said this while meeting a Russian delegation led by H.E Mr. Victor P. Ivanov, Co-Chairman of the Russian-Pakistani Intergovernmental Commission on Economic, Trade and Scientific Cooperation, at PM House this morning.

The Prime Minister said that Pakistan and Russia relations were entering into a new phase of strong relationship, which would usher in a new age of fruitful benefits for both the countries. The Prime Minister said that Pakistan has taken a firm stance on terrorism and extremism to ensure a peaceful, stable and investor friendly environment. The terrorists’ hideouts and infrastructure has been dismantled through effective offensive, added the Prime Minister. The Prime Minister said that the Pakistani nation owns the war on terrorism, led by the present government.

H.E Mr Victor P. Ivanov said that Pakistan is a strong country with rich history and there exists a huge potential for mutual trade between Russia and Pakistan. He said that there is a need for establishing direct flight between Moscow and Islamabad to especially benefit the traders and investors of both the countries.

Prime Minister Muhammad Nawaz Sharif extended his invitation to Russian President Vladimir Putin, for inauguration of North South Gas Pipeline, which is the largest investment by Russia in Pakistan. The Prime Minister further said that Pakistan attaches high value to its partnership with Russia in all areas including Bilateral Trade, Economic, Scientific and Technical Cooperation. Pakistan supports an Afghan-led and Afghan-owned solution for peace in Afghanistan, which is good for the entire region and the world.

Mr Muhammad Ishaq Dar, Minister for Finance, Mr Mifta Ismail, SAPM/Chairman BOI and other senior officials of the Government attended the meeting. Members of the Russian delegation included H.E. Colonel General Mikhail Y. Kyiko, Deputy Director, Deputy Federal Minister of the Federal Drug Control Service of the Russian Federation, H.E Major General Vladimir Z. Vysotskiy, Chief of the International and Legal Department of the Federal Drug Control Service of the Russian Federation, H.E. Mr Alexey Y. Dedov, Ambassador of the Russian Federation and Mr Maxim A. Marchenko, Official Representative of the Federal Drug Control Service of the Russian Federation in Pakistan.

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