ISLAMABAD -UNS : Pakistan,Russia agree to enhance bilateral trade in local currency and enhance cooperation in energy, agriculture and industrial sectors. Both the countries have agreed to enhance cooperation in the hydroelectricity sector.
The understanding was reached during the Inter-Governmental Commission (IGC) talks in Islamabad between Pakistan and high level Russian delegation in Islamabad. The 8th three-day meeting of the IGC reviewed the areas of cooperation and looked into ways and means of exploring new opportunities for strengthening bilateral relations.
According to sources Russia agreed to assist Pakistan in getting energy from alternate sources, while it will also join hands with Islamabad for the exploration of gas in the country.
Both the countries have also agreed for dealing in the local currency, while Pakistan Customs and the Russian Customs department will also ink an agreement to stop the smuggling of goods.
Experts of the two countries held technical sessions and debated on possibilities to further deepen bilateral cooperation in trade and investment; agriculture; energy; industry; education; science and technology; information and communication technologies; finance, customs and communication, besides roads, postal service and railways.
The visiting delegation also suggested Pakistan take benefit of Russia’s expertise in the field of science & technology and research.
