Pakistan, Russia to cooperate across key sectors
Protocol signed to enhance EV assembly, eCommerce, pharmaceuticals, agricultural machinery, etc
ISLAMABAD:
Russia has pledged extensive support to Pakistan across key industrial sectors, including the local assembly of electric vehicles, such as buses, to enhance market competitiveness.
As per the protocol signed between the two nations, cooperation in the supply and assembly of electric vehicles will be prioritised. The Russian company Sinara-Transport Machines JSC has shown keen interest in this collaboration.
The Federal Agency on Technical Regulating and Metrology (GOST R) and the Pakistan Standards and Quality Control Authority (PSQCA) are set to sign a Memorandum of Understanding (MoU) on standardisation, metrology, and conformity assessment before the next Commission meeting.
Both sides expressed mutual interest in e-commerce development, particularly in creating digital platforms and technologies to facilitate trade and cross-border transactions.
Russia is ready to provide modern railway equipment, including tracks, rolling stock, maintenance machinery, and urban electric transport, to connect Pakistan’s railway infrastructure to the North-South International Transport Corridor.
The nations also explored cooperation in agricultural machinery and food processing equipment, with possibilities for local assembly in Pakistan. Russian firms like Rostselmash LLC, Petersburg Tractor Plant JSC, TK Koblik LLC, Pegas-Agro JSC, and Salskselmash LLC have shown interest in these initiatives.
Mining sector collaboration was another focal point, with discussions on information exchange and the supply of mining equipment.
https://tribune.com.pk/story/2516472/pakistan-russia-to-cooperate-across-key-sectors