Pakistan and Belarus to sign various business agreements and MOUs during the visit of Belarusian President

Islamabad, October 03, 2016 (PPI-OT):“A number of important business agreements and Memoranda of Understandings (MoUs) are expected to be signed between Pakistan and Belarus during the recent visit of Belarusian President Alexander Lukashenko.”

High ranking delegation from Belarus led by H.E Mr. Vladimir Semashko, Deputy Prime Minister of Belarus called on Engr. Khurram Dastagir Khan, Federal Minister for Commerce today in his office and informed him about important business agreements and MoUs that are expected to be signed between Pakistan and Belarus during the recent visit of Belarusian President. These agreements and MoUs include Banking, Customs and Aviation agreements.

The Deputy Prime Minister appraised minister for commerce about the arrival business delegation from Belarus in Pakistan to explore mutual beneficial business opportunities through business to business deals with Pakistani counterparts. “Bilateral relations between Pakistan and Belarus have progressed rapidly over the last two years and will grow further with time”, added the Deputy PM.

Mr. Khurram Dastagir Khan welcomed the delegation and stated that this visit is reflective of the increasing ties between Pakistan and Belarus and will certainly provide impetus to further expand bilateral relations in various sectors especially economic, trade and commerce, investment and other areas of mutual interest.

These agreements and MoUs will not only strengthen and enhance the bilateral ties between the two countries but will also provide innumerable business and investment opportunities to the business communities of both countries. The two countries have immense potential for economic and commercial relations and the current trade volume could be substantially enhanced, added the Minister.

The Minister further said that Pakistan offers excellent opportunities for foreign investors especially as a result of CPEC. Belarusian investors can make use of the incentives provided by the Government of Pakistan and can get benefitted from the Special Economic Zones. Minister for Commerce stressed that Pakistan is ready to give trade incentives to Belarus on equal and mutual beneficial basis and hoped that both sides will hold further meetings to improve cooperation in commerce and trade sectors.

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Haji Ahmed Malik
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