ISLAMABAD: The Ural Chamber of Commerce and Business and the Federation of Pakistan Chambers of Commerce and Business (FPCCI) have signed a memorandum of understanding (MoU), creating additional financial and commerce cooperation alternatives between the 2 nations.
The Ural Chamber of Commerce and Business was represented by its vp Mikhail Kozlov and the FPCCI was represented by Mohsin Sheikh, director and former chairman of the Pakistan-Russia Enterprise Council.
Minister for Financial Affairs Omar Ayub Khan witnessed the MoU signing, a press release issued right here stated.
Ambassador of Pakistan to Russia Shafqat Ali Khan, Minister of Commerce and Funding of the Embassy of Pakistan Nasir Hamid, and different Pakistani officers and officers of the Russian Ministry of Financial Growth Israfil R Ali Khan and Nikita Buzanov have been additionally current on the event.
The settlement has marked a brand new step within the bilateral relations between the Ural area and Pakistan.
Earlier, Mikhail Kozlov and Mohsin Sheikh accompanied by representatives of the Crescent Group and The Colony Group held a gathering on the Ural CCI to debate new alternatives for commerce cooperation and new niches for Pakistani corporations that search to enter the Russian market.
The 2 nations have considerably strengthened their political and financial relations during the last years regardless of the pandemic.
The present intergovernmental negotiations on constructing the brand new commerce hall by way of Pakistan-Central Asia-Russia is a transparent signal of the brand new web page within the strategic partnership between Russia and Pakistan.