Minister for Commerce and Textile, Pervaiz Malik, who is currently on a visit to Moscow held a meeting with Russian Minister for Industry and Trade, Denis Manturov on the sidelines of the Ministerial Meeting under Shanghai Coordination Organization (SCO), and expressed interest in further strengthening cooperation in all fields of mutual interest including trade, energy, defence, and culture.
The two Ministers expressed satisfaction at the upward trajectory of bilateral relations and expressed interest in further strengthening cooperation in all fields of mutual interest including trade, energy, defense and culture, says a statement received here from Moscow on Thursday. They also agreed on making joint efforts to enhance trade and economic cooperation between the two countries. On the occasion Pervaiz Malik extended invitation to Denis Manturov for a visit to Pakistan at his earliest convenience to which Mr Denis responded positively and accepted the invitation. Earlier, the Commerce Minister attend the 16th Meeting of Ministers of SCO member states responsible for foreign economic and foreign trade activity in Moscow from November 13 to 16.
“Pakistan is a natural SCO partner, ideally located to provide links for regional economic integration within and between SCO member states,” he said adding China-Pakistan Economic Corridor (CPEC) is in step with SCO’s efforts to create trans-continental overland connectivity resulting in stronger regional economic integration.
Pakistan is partnering in a number of key regional energy and infrastructure initiatives including Turkmenistan-Afghanistan-Pakistan-India (TAPI) and CASA-1000.
He said Pakistan, China, Kazakhstan and Kyrgyzstan have agreed to initiate a bus service that would not only enhance trade but also be an important tool to promote people-to-people contacts among the four countries.
Pervaiz Malik said in line with the government’s vision of shared prosperity through connectivity, Pakistan has undertaken several initiatives which include rebooting of Quadrilateral Traffic in Transit Agreement (QTTA ) among China, Kyrgyz Republic, Kazakhstan and Pakistan, which is also being joined by Tajikistan.