LAHORE: Russia wants to develop trade ties with Pakistan, like China, and can be instrumental in eliminating joblessness in Pakistan in a few years, said Russian Business Council for Cooperation Pakistan chapter Vice Chairman Noor Habib Shah.

Speaking at a reception hosted in his honour by former Pakistan Tehreek-i-Insaf Punjab president Ejaz Chaudhry at a local hotel on Wednesday, Mr Shah said Pak-Russia trade could open new opportunities for businessmen from both countries.

Mr Shah, who is also chairman of the Russian-Pakistani community and resides in Moscow, announced joining the PTI and claimed that party Chairman Imran Khan’s untiring struggle against corruption and corrupt rulers was being valued at the international level.

He said Russia-Pakistan cooperation could help eliminate joblessness in a few years. Russia wanted to develop trade ties with Pakistan like China, he said, adding that some 6,000 containers daily entered Russia after 45 days of travel. However, through Pakistan, he said, containers could reach different Russian states within a few days. The Pakistan route could help reduce time and investment drastically besides earning substantial foreign exchange. Pakistan could import diyar wood, which was abundant in Russia, he added.

He also said that Islam was the second official religion in Russia, adding that Europe’s biggest mosque was situated in Moscow and a large proportion of the Russian army comprised Muslims. With the changing geo-political situation, he said, Pakistan had earned an important strategic position in the region.

Mr Chaudhry welcomed Mr Shah in the PTI fold and claimed that a massive number of Pakistanis serving overseas supported the party. He said overseas Pakistanis were earning and sending billions of rupees in foreign exchange to Pakistan. However, he said, the incumbent government had not taken required steps for the welfare of overseas Pakistanis.

He stressed that traders in both countries should pay exchange visits and expand their businesses.

PTI Lahore urban president Waleed Iqbal, Ghulam Mohyuddin Dewan and others were also present on the occasion.

Published in Dawn, May 4th, 2017

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

An audit of polio funds at federal and provincial levels is sorely needed, with obstacles hindering eradication efforts targeted.
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...