Russian Trade Envoy Urges Pakistan-Russia Linkages in SME Sector

Lahore, September 08, 2016 (PPI-OT): A Delegation consisting of Mr. Yury M. Kozlov Trade Representative in Pakistan for the Russian Federation and Dr. Shahid Hasan, Head Russia Chair from Golden Ring Economic Forum visited SMEDA head office to discuss bilateral trade relations, future possibilities of linkages development and trade promotion. Mr. Haroon Ahmad Khan, General Manager Business and Sector Development Services and Dr. Naeem Rauf, GM-Central Support, SMEDA received the Russian envoys along with Mr. Sheharyar Tahir, Head External Relations Department and Ms. Nadia Jahangir Seth, Head Policy and Planning Division of SMEDA.

SMEDA officials identified previous working with Russia and proposed development of direct Linkages with SMEs and Business organizations of Russia. SMEDA also proposed to get grass root level access for entrepreneurs from both sides through B2B meeting with Russian SMEs and bilateral trade delegation visits.

SMEDA’s proposals were appreciated by Mr. Yury and he further added that there is a need for development of a joint information sharing platform. He also conveyed that Russian investments are at a moderate level right now, however there is a lot of interest from their side to invest in Pakistan. Special interest was shown for investment in Balochistan with specific reference to Pilot projects.

SMEDA was identified as a potential partner for information sharing, handholding of SMEs for visits, joint ventures, investment programs and SME development programs. SMEDA would also act as an intermediary in facilitating businesses from both sides at national and international forums.

The discourse ended with the decision to work together, keep in contact and hold multiple meetings in future with SMEDA to develop bilateral trade relation. Mr. Yury further added that he will discuss all possible business and trade propositions with Russian Economic Minister in near future and discuss future investment plans with SMEDA.

For more information, contact:
Liaqat Ali Gohar
DGM (Admin. and PR)
Small and Medium Enterprises Development Authority (SMEDA)
4th Floor, Building No. 3, Aiwan-e-Iqbal Complex,
Egerton Road, Lahore
Tel: +92-42-111-111-456
Fax: +92-42-36304926-7