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ISLAMABAD: Following the visit of former prime minister Imran Khan to Moscow, Russia has sent a draft four-year (2022-2025) roadmap for development of trade and economic cooperation including increase in bilateral trade turnover, well informed sources told Business Recorder.

The draft roadmap, shared by Russian embassy in Islamabad with the Ministry of Foreign Affairs, will stimulate economic activity of Russian and Pakistani companies in the markets of both countries. It will also assist business communities of both countries in raising awareness about the opportunities available in the markets of the Russian Federation and Pakistan.

The sector-wise detail of proposed roadmap is as follows:

Industrial sector: Considering the possibility of supplies of assembled vehicles for state and private customers and implementation of the vehicles assembly project in Pakistan, Russian company Ulyanovsky Avtomobilny ZavodLLC (UAZ LLC) has shown interest in establishing such a plant.

Supplies of utility equipment, transportation management digital solutions, possibility of supplies of railways engineering products, possibility of supplies of un-interrupted power system, as well as, other converting equipment are on offer from Russia.

Russia asks Pakistan to start talks on bilateral trade

With respect to cooperation in the field of aviation industry with Pakistan, consideration of possibility of supplies of air navigation and air space control, surveillance and communication systems, weather radars, M/s Almaz Antey JSC and Pakistan Civil Aviation Authority (PCCA) to cooperate with each other.

Cooperation in the field of pharmaceuticals and chemical products: Promotion of certification of the products of the Russian company Ozon Pharmaceuticals LLC, supplies of Russian medicines, registration process of DNA human insulin, Rosinsulin, in Pakistan and assistance in organizing an inspection by a specialized agency is on the cards. Russian organisation, Zavid Medsintz and DRAP will cooperate with each other in this field.

Possibility of supplies of Russian chemical industry products is also part of the proposed roadmap.

Both countries will cooperate in the oil and gas industry, extraction of other mineral resources, pipeline construction and related infrastructure. Both sides will extend cooperation in offshore projects of Pakistan, as well as, outside Pakistan.

Implementation of prospective joint projects in natural gas pipeline construction, including natural gas, has pipeline project “Pakistan Stream” (Karachi-Lahore); natural gas pipeline project Russia-Kazakhstan- Uzbekistan- Afghanistan-Pakistan, and natural gas pipeline project Gwadar-Nawabshah. OGDCL and Mari Petroleum Company Limited (MPCL) from Pakistani side to cooperate with Russian oil and gas companies.

For logistics and procurement of large-scale infrastructure projects in Pakistan, Russian Gazprom’s subsidiary Neft- Snabzheniye LLC and Pakistan companies will cooperate with each other. Russian company Zarubezhneft JSC and Pakistan company MPCL will cooperate in the implementation of joint projects for the development of oil and gas fields in Pakistan and in third countries.

Russian company Rosgeo will undertake analysis of Pakistani mineral resource sector to identify possible areas of cooperation/ investment. Both sides will cooperate in expanding Pakistani mineral mining and processing business. Pakistan Petroleum Limited (PPL) through subsidiary Bolan Mining Enterprise (BME) and Russian mining companies will engage with each other.

For LNG supplies to Pakistan, Russian company PJSC Novatek will interact with Pakistan LNG Limited (PLL) and Pakistan State Oil (PSO).

Russian side will invest in setting up refineries, upgrading existing refineries, virtual LNG pipelines, onshore storage of LNG, and strategic oil storages and strategic gas storages (underground gas storage in continuation of the “Pakistan Stream” project).

Russian company Gazprom EP International B.V will provide System of Production Facilities Monitoring (SPFM) software for oil and gas field production facilities in Pakistan.

Both sides will cooperate in the extraction of hydropower and renewable resources including the project of a multipurpose dam on the river Shyok.

Russian companies will participate in prospective projects in the power industry of Pakistan including: (i) TPP Muzaffargarh- renovation, modernization and upgradation of the main equipment achieving an increase in the unit capacity of the existing three units from 210 to 235 MW each;(ii) transfer of existing units of TPPs to a combined seam-gas cycle with an increase in both the power of the units and their efficiency;(iii) HPP “Dasu 2” the second stage of TPP Dasu with a capacity 2100 MW (construction of a turbine hall); and(iv) HPP “Takot 3” 1490 MW supply, installation and commissioning of the main generating equipment (construction of the turbine hall).

Copyright Business Recorder, 2022


Comments are closed.

Tariq Khattak Apr 20, 2022 03:30pm
The current government should unbiasedly work on this offer and stabilize the economy. We should further strengthen the relation with RUSSIA to achieve the objective of regional economic stability and prosperity of society.
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A. Ali Apr 20, 2022 07:14pm
Though current mix regime in Pakistan is not capable enough to understand Russian offer, albeit Russians are there to help them. They should achieve that without difficulty. Pakistan should grab this opportunity.
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MMS Apr 21, 2022 04:01am
excellent we need more and more cooperation in each sector from as many countries as possible
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Asghar Ali Apr 21, 2022 07:09am
Great start, Pakistan must capitalize on it
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samir sardana Apr 21, 2022 07:12am
The Pakistan Gas Stream, is the revolution - Part 1 In Step 1 - Putin is preparing the stage to exit the EU Gas market and pushing the EU to expensive LNG and billions in LNG infra ! That will raise the cost of manufacturing and cost of living in EU and thus the inflation in EU.Hence,EU will NO LONGER be an export hub to PRC and Euro will depreciate SEVERAL EU INDUSTRIES WHICH USE GAS AS AN INPUT (FEEDSTOCK OR FOR POWER - BEYOND A %),WILL CEASE TO EXIT. In Step 2 - The Gas not sold to EU,will be sold,via many streams - like the Pakistan Stream, to "LOW COST NATIONS", where lower GAS COSTS = REVOLUTION,like in Pakistan ! Pipeline Gas, will crash the cost of Power, and also ,the cost of Industrial manufacturing = lower imports and a quantum leap in exports = NO CAD and PKR appreciation. In addition,several NEW INDUSTRIES,WHICH USE GAS AS FEEDSTOCK,WILL COME UP.dindooohindoo In one stroke,Putin has crashed,Pakistan's cost of manufacture, and make EU manufacturing unviable
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samir sardana Apr 21, 2022 07:21am
The Pakistan Gas Stream, is the revolution - Part 2 In Step 3 - Putin will use Pakistan to export to EU,,products which ARE UNVIABLE TO MAKE IN EU or TOO COSTLY (due to the RUSSIAN EXIT FROM THE EU GAS MARKET).This is Genius !So Putin, 1st destroys EU manufacturing,raises EU inflation and THEN GETS NATIONS LIKE PAKISTAN TO EXPORT TO THE EU - to offset the EU lack of competitiveness ! dindooohindoo Let us call this VALUE ADDED GAS SERVICES and tapping into the Gas Value addition Value Chain In Step 4 - Putin will get PRC to invest in Mega Billion USD SEZ in Pakistan - TO USE RUSSIAN GAS,CHINESE MONEY,CHINESE TECHNOLOGY,PAKISTAN MANPOWER AND PAKISTAN's GEOGRAPHICAL POSITION, TO SET UP INDUSTRIES,WHICH ARE GAS GUZZLERS ,FOR EXPORTS, TO THE WHOLE WORLD - ESPECIALLY,THE ERussia and Pakistan will be investors in these industries,in part,and will use the profit streams to invest in the Pakistan Coal and Minerals sector for conversion to power and metal smelters.
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samir sardana Apr 21, 2022 07:32am
The Pakistan Gas Stream, is the revolution - Part 3 In Step 5 - .No nation has more skill in metal smelting than Russia, & no nation has more need for Metals - than PRC.That makes the Gas,Minerals & Metals, a perfect mix.The House of Saud, is already investing Billions in Pakistan Oil - & will invest even MORE with the Russian-China-Pakistan triad - to make a Quad,right next to India ! In Step 6 - The industrial revolution will begin in Afghanistan - with the Gas Pipeline & the minerals, will be extracted on a massive scale, for conversion,at the nearest logistics point,which is Pakistan (in the shirt term) - also because,Pakistan has a deep draft port for export ! In Step 7 - The Indians will try to scuttle the gas grid,with the Americans - in Afghanistan or Kaza or Uzbek or EVEN in Pakistan.That will place Pakistan-PRC-Russia-Afghanistan-Kaza-Uzbek ,into a security grid,with billions pumped into Pakistan ,for Missile tech,ADS, Navy & Airforce,by Russia &China.dindooohindoo
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samir sardana Apr 21, 2022 07:49am
The Pakistan Gas Stream, is the revolution - Part 4 In Step 8 - That leaves out ,ONLY FOOD ! Hence, PRC & Russia - who are the best water and dam experts in the world - will get water into Balochistan & other parts of Pakistan, by making dams & canals,to use the fertile lands of Pakistan to feed Russia,PRC & the Central Asian republics.Consistent water supply & low cost power,can cause an AGRI EVOLUTION ,w/o any peer in the world.No other nation or geography has that much potential.(and Baloch has Gwadar,,for exports) From Peter the Great,to Putin the Divine ! dindooohndoo Many opined about this TRIAD of PRC-Russia-Pakistan - but only 1 man,saw it,a long time ago,when it was considered, a crazed rhapsody.Lt Gen Hamid Gul ! Time for Pakistan to exit the Axis of the USA A NWO has been born,with the Russian Octopus,which has the brain & body of PRC-Russia, tentacles (like gas pipelines) and each tentacle is REVOLUTIONISING NATIONS LIKE PAKISTAN ! Jiye Jiye Pakistan !
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Syed Saqlain Bukhari Apr 21, 2022 11:51am
We want to do work with mutual understanding and for the betterment of both sides positively. If one have started let the other to finish,so for the betterment of our country,not to work negatively or politically to leave.
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Aftab Ahmed khan Apr 21, 2022 06:41pm
Excellent for attainment of high end technological goals in steel aviation automobile energy resources exploration and availability in variable currency exchange sceniros a natural alliance opportunity which must be grabbed remaining truthful
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Shaheen Soomro Apr 23, 2022 01:14am
Sadly powers to be internal and external didn't like Pakistan to progress in these spheres and engineered downfall of IK government and will halt Pakistan's economy and reforms .
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