AVN 66.55 Increased By ▲ 1.35 (2.07%)
BAFL 31.01 Increased By ▲ 0.27 (0.88%)
BOP 4.88 Increased By ▲ 0.08 (1.67%)
CNERGY 3.74 Increased By ▲ 0.03 (0.81%)
DFML 14.30 Increased By ▲ 0.09 (0.63%)
DGKC 40.85 Decreased By ▼ -0.20 (-0.49%)
EPCL 46.63 Increased By ▲ 0.18 (0.39%)
FCCL 11.30 Decreased By ▼ -0.10 (-0.88%)
FFL 5.06 Increased By ▲ 0.01 (0.2%)
FLYNG 5.79 Decreased By ▼ -0.01 (-0.17%)
GGL 10.37 Increased By ▲ 0.04 (0.39%)
HUBC 66.72 Decreased By ▼ -0.15 (-0.22%)
HUMNL 5.66 Decreased By ▼ -0.05 (-0.88%)
KAPCO 27.94 Increased By ▲ 0.18 (0.65%)
KEL 2.23 Increased By ▲ 0.03 (1.36%)
LOTCHEM 25.19 Increased By ▲ 0.29 (1.16%)
MLCF 21.38 Decreased By ▼ -0.06 (-0.28%)
NETSOL 86.06 Increased By ▲ 2.46 (2.94%)
OGDC 92.38 Increased By ▲ 6.48 (7.54%)
PAEL 10.99 Decreased By ▼ -0.02 (-0.18%)
PIBTL 4.20 Decreased By ▼ -0.02 (-0.47%)
PPL 79.65 Increased By ▲ 5.17 (6.94%)
PRL 13.50 Increased By ▲ 0.07 (0.52%)
SILK 0.91 Decreased By ▼ -0.01 (-1.09%)
SNGP 42.47 Increased By ▲ 2.07 (5.12%)
TELE 5.94 Increased By ▲ 0.08 (1.37%)
TPLP 15.78 Increased By ▲ 0.38 (2.47%)
TRG 113.97 Increased By ▲ 2.56 (2.3%)
UNITY 13.74 Decreased By ▼ -0.01 (-0.07%)
WTL 1.15 Increased By ▲ 0.01 (0.88%)
BR100 4,075 Increased By 37.8 (0.94%)
BR30 14,793 Increased By 381.3 (2.65%)
KSE100 40,750 Increased By 278.9 (0.69%)
KSE30 15,303 Increased By 140 (0.92%)
Follow us

ISLAMABAD: In a virtual meeting with Russian Ambassador Danila Ganich, Deputy Chairman Senate Mirza Muhammad Afridi underlined the need to work together to counter the challenges of climate change, poverty, human rights, and other issues of mutual concern.

Economic ties between the two countries were discussed in detail during the meeting.

Discussing the gas pipeline project, the deputy chairman Senate said that Pakistan is working towards early completion of the Pakistan-Stream Gas Pipeline Project.

Meetings of the technical committee are being held regularly to finalise the project, he added.

There are seven Joint Working Groups (JWGs) under the Inter-Governmental Commission (IGC), JWGs on education, science and technology, food and agriculture, transport, finance and banking, industries on production have yet to hold their inaugural meetings.

During the meeting, issues of mutual interest, Afghan situation and the overall regional situation were discussed.

Afridi underscored that relations between the two countries have improved significantly over the last two decades.

While pointing to the recent telephonic conversation held between Imran Khan and the Russian president, and conversation on bilateral relations held between Foreign Minister Shah Mehmood Qureshi with his counterpart, the deputy chief of the Senate stated that both the countries have maintained contacts at high-level, which is of paramount importance.

Both the dignitaries stressed the need to further cement the bilateral relations between the Senate of Pakistan and the Council of the Federation as well.

Discussing the impact of Covid-19, Afridi said that the pandemic has wreaked havoc on the lives and livelihoods of people across the globe.

He commended the development of “Sputnik” vaccine by the Russian Federation.

“Both countries, being the member of the Inter-Parliamentary Union (IPU) and Asian Parliamentary Assembly (APU), need to utilise these forums and work together for the creation of a prosperous and peaceful future of the world,” Afridi remarked.

He noted that Pakistan and Russia have several institutional mechanisms in place i.e. JCC, Joint working group on economic cooperation, Joint Working Group on Counter-Terrorism etc to discuss issues of mutual concern.

This year the bilateral trade volume has swelled and hit a record 780 million US dollars, Afridi expressed with pleasure.

Keeping in view the true potential of both the countries, he called for up-swinging the trade volume to its desired level.

“The collaboration between the two sides in the field of railways, transport, oil and gas, power generation etc is satisfactory,” the deputy chairman Senate observed.

The Inter-Governmental Commission (IGC) on economic, trade, scientific and technical cooperation is a very useful institutional mechanism to discuss a range of issues, ideas, and proposals to further enhance economic linkages, he underscored.

Afridi hoped that the upcoming meeting of the IGC in Moscow, to be held in November 2021 would be a meaningful engagement.

The Russian envoy hailed Pakistan’s effort for peace in the region.

He said that Pakistan is an important country in the region, adding that Russia cherishes its cordial ties with such a significant country of the region.

During the virtual meeting, Afridi called for regular parleys between the two countries to enhance bilateral relations.

He stressed the need for parliamentary ties between the two countries to further strengthen bilateral relations.

Copyright Business Recorder, 2021


Comments are closed.

Pakistan for early completion of Stream Gas Pipeline Project

Intra-day update: rupee improves, up 1.13% against US dollar

Talks extended for two days: IMF demands govt withdraw power subsidy

Former military ruler Musharraf’s body to be flown to Pakistan

All set for inking pact with Denmark under DETI

At least 245 dead in Syria after Turkey earthquake

FBR to check benami transactions of civil servants

TTP celebrates death

COAS reaches UK on five-day visit

China delivers two Hualong-1 nuclear power units

KSA warns sanctions, under-investment may cause energy shortages