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Pakistan Signed Road Transport Agreement With Russia

admin-augaf by admin-augaf
November 17, 2022
in Business, International, National, News, Politics
Reading Time: 2 mins read
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Pakistan, Russia sign road transport agreement

Pakistan, Russia sign road transport agreement

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Islamabad November 17 2022: A road transport agreement has been signed between Pakistan and Russia to pave way for promoting commercial and public relations between both countries.

Federal Minister for Communications and Postal Services Maulana Asad Mahmood had an important meeting with Russian Transport Minister Vitaly Savelyev in which an international road transport agreement was signed, said a press release.

On the occasion, the Minister said Russia was a resource-rich and technologically advanced country. “This agreement will pave way for establishing commercial and public relations between the two countries. The agreement will provide a framework for the movement of passengers and goods trade between the two countries,” he said.

He said it would make travel and delivery of goods easy between Pakistan and Russia. “Pakistan exports fruits, garments, surgical instruments, leather and agricultural products to Russia. On the other hand, Russia is the fourth largest LNG exporting country in the world and has offered to sell LNG to Pakistan at a lower price than other countries,” he said.

He was of the view that this agreement between Pakistan and Russian was need of the hour. It may be mentioned that through this agreement, transport operations would be carried out on basis of road transport permits, which will be provided free of cost to the transporters by the competent authorities of both countries.

A joint working group would be formed soon to streamline the operational rules and regulations and to examine issues related to its implementation.

Peace would be restored and business activities will resume in the region in future after the resolution of political issues related to Russia-Ukraine war.

Source: APP
Tags: PakistanRussia
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