Belarussian businessmen urged to invest in country

ISLAMABAD: Pakistan on Tuesday extended an invitation to Belarusian investors to explore opportunities in the country through the Special Investment Facilitation Council (SIFC), assuring them of a secure investment environment.

In a significant meeting, Belarusian Minister for Energy Aleksei Kushnarenko was welcomed by Minister for Economic Affairs Ahad Cheema.

The meeting aimed to strengthen economic ties and enhance collaboration between the two nations.

Minister Cheema expressed his gratitude to Minister Kushnarenko for participating in the 7th Session of the Joint Ministerial Commission (JMC), emphasising Pakistan’s commitment to implementing the decisions made during the session. He highlighted the advantages of Belarusian agricultural technology for Pakistan’s agriculture-dependent economy and welcomed the Belarusian delegation’s assurance of full support in this sector.

In a promising development, the Belarusian delegates offered electric buses to Pakistan. Minister Cheema responded positively, expressing keen interest in the project, which aligns with Pakistan’s goals for sustainable transport solutions.

Both ministers also commended the recent signing of memorandums of understanding (MOUs) related to the textile industry, marking a pivotal step in fostering the bilateral cooperation.

Minister Cheema extended an invitation to Belarusian investors to explore opportunities in Pakistan through the SIFC, assuring them of a secure investment environment.

Looking ahead, Minister Cheema noted the upcoming visits of Prime Minister Shehbaz Sharif and President Asif Ali Zardari to Belarus, indicating that these visits would further enhance economic cooperation between the two nations. This meeting underscores the growing partnership between Pakistan and Belarus, with a shared commitment to mutual development and prosperity.

Copyright Business Recorder, 2024