Pakistan and Russia have taken a significant step to bolster their economic and trade ties by signing eight agreements during the 9th session of the Intergovernmental Commission (IGC) held in Moscow. This pivotal development signals deepening collaboration between the two nations across various sectors.
The Pakistani delegation, led by Energy Minister Awais Ahmad Khan Leghari, played a crucial role in finalizing these agreements. Minister Leghari expressed optimism, stating,
“Pakistan-Russia cooperation is progressing steadily, and these agreements will further deepen our collaboration in various sectors.”
The agreements span diverse initiatives, including industrial cooperation, the production of insulin, and academic and technological exchanges. Notably, a Memorandum of Understanding (MoU) was signed between Pakistan’s New Tech and a Russian university, aimed at fostering technological and academic collaboration. Additional agreements between Russian educational institutions, COMSATS University, and Peshawar University further cement academic ties.
This development underscores the strengthening of Pakistan-Russia relations, marking a new chapter in bilateral economic cooperation. The agreements are expected to drive innovation, boost trade, and pave the way for collaborative projects in technology and industry.
The partnership aligns with Pakistan’s broader efforts to diversify its international collaborations and enhance its global economic footprint.
