PID

PR No. 31 A new gateway for trade has been erected with the first ever Russian truck crossing into Pakistan today, through Torkham border, under the Road Transportation Agreement between Pakistan and Russia. Islamabad: July 07, 2023

Minister for Communications Maulana Asad Mehmood had carved out the Road Transportation Agreement with the Russian transport Minister Mr. Vitaly Savelyev, on his maiden visit to Moscow in November, 2022. The agreement was signed in-line with the vision of the Hon’ble Prime Minister Mr. Shahbaz Sharif, to boost trade with the neighboring countries. Since the beginning of our diplomatic relations with Russia in 1948, this is the first time that trade route through roads has been established. Russia is the fourth largest LNG exporting country in the world and Pakistan has a huge potential of exporting fruits, garments, surgical instruments, and agricultural products making them both potentially strong trade partners. The transport of goods will be carried out under TIR Carnet under which road transport permits are issued in order to simplify procedures at custom borders. On this occasion, Minister Asad Mehmood stated that under the current geo-economic scenario this agreement will prove to be a real booster to our economy and pave way for larger influx of trade.

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