Russia, Pakistan trade potential needs more efforts says envoy


KARACHI: Trade between Russia and Pakistan should be much more than the present $500 million, as it does not reflect the potential of economic relations between both countries. This was said by Russian Federation Consul General Mr Oleg N. Avdeev at a dinner hosted in his honour by Chairman Pakistan Russia Business Council of FPCCI Mr Muhammad Farooq Afzal. The Russian envoy said he would avail this opportunity to speak on bilateral relations, particularly trade and economy.

Mr Avdeev said trade between Russia and Pakistan was increasing at a slow pace. He said the potential is great, but had not been tapped in full. Various efforts are underway to improve the situation but progress is not impressive. He said he had high hopes that the bilateral commission on trade and economy relations which is to meet later this year would strive to improve matters but stressed the need for private enterprise to play its role in promoting and increasing bilateral trade. He asked Pakistani businessmen to establish contacts with their counterparts in Russia.

KARACHI:The Chairman Pak – Russia Business Council FPCCI, Muhammad Farooq Afzal, hosted a dinner in the Honor of Consul General of Russia in Karachi  Mr. Oleg Avdeev at a local hotel.Picture shows Syed Tahir Husain, Honorary Consul General of Gambia, Engr. M.A. Jabbar Honorary Consul of Ukraine, Russian diplomats with host and chief guest.

Mr Avdeev said he fully supported the idea of a single country exhibition for Russia and pledged all assistance in this respect. He said he fully backed the FPCCI suggestion to send a Pakistani businessmen delegation to Russia.

He told Pakistani entrepreneurs he would always welcome their advice on how to enhance Pakistan Russia trade, as it is only through joint efforts that the Pakistan Russia trade relationship would prosper.

The Chairman Pakistan Russia Business Council of FPDCCI Mr Muhammad Farooq Afzal in his address welcomed the Russian Consul General to Karachi and thanked him for his views.

He said both Pakistan and Russia need to take sincere and concentrated efforts as the bilateral trade and investment between the two countries remains below potential. He added the Pakistani business community sincerely hopes that Mr Avdeev’s dynamic leadership and valuable advices would play a role in the promotion of bilateral trade between both countries.

He said the business community in Pakistan and Russia appreciate the endeavors made by the Pakistan Russia Business Council of FPCCI to establish politico-economic ties and perceives it as the vista of fresh opportunities to augment bilateral trade and economic relations between Pakistan and Russia.

Mr Afzal said Pak-Russia Business Council of FPCCI in collaboration with Ecommerce Gateway Pakistan Ltd, Karachi and OJSC “Exposition Hall ‘Elektrifikatsiya, Moscow is organising the 1st Russian Expo 2014 – Karachi, scheduled on June11-12, 2014 in Karachi.

KARACHI:The Chairman Pak – Russia Business Council FPCCI, Muhammad Farooq Afzal, hosted a dinner in the Honor of Consul General of Russia in Karachi H.E. Mr. Oleg Avdeev in a local hotel. From left Justice (R) Saeed Uzzaman Siddiqui, The Host, Ali Rashid MNA, The Consul General of Russia, Senator Karim Khawaja, Khurram Sayeed VP FPCCI, Engr. M.A. Jabbar Honorary Consul of Ukraine, Shamim Firpo Former SVP KCCI

He said the Russian Expo -2014 will be a one-stop shop for heavy and light industry products from processing technology and ingredients to finished products. Hence, the event will be a wonderful opportunity for Russian firms to present various industrial products and technology to potential Pakistani buyers which includes Iron and steel, Chemicals, Energy and Power, Oil and Gas, Wood pulp and paper, Electrical and power equipments, Aviation, Railway, Transport, Shipyard, & road Building Technology, Cooperation in IT industry/technology and Agro-based industry. In 2015, we will organise a single country exhibition of Pakistan in Russia.