100 Russian Companies interested to invest in Pakistan

100 Russian Companies interested to invest in Pakistan

KARACHI: Over 100 Russian companies are interested to invest in pharmaceutical, machines manufacturing, construction and other sectors in Pakistan and the Sindh Board of Investment (SBI), should guide and cooperate in this regard.

This was stated by a delegation comprising officials of the Trade Commission of Russian Consulate in Karachi led by Alexy Kudrayavtsey while talking to Chairperson SBI, Ms. Naheed Memon at her office here on Wednesday, said a statement.

They discussed matter related to the mutual interests and promotion of trade and business activities between Pakistan and Russia.

Talking to the delegation, the Chairperson SBI said the promotion of business and trade between Pakistan and Russia will create more opportunities for prosperity and development.

She also stressed the need to utilize the potential investment opportunities on both sides.

The Russian delegation briefed the chief of SBI regarding the history and background of trade relations between Pakistan and Russia.

Russian had helped the then government of Pakistan to establish the Steel Mill in Pakistan, the delegation added.

The Chairperson of SBI assured her full cooperation with the Russian companies and agreed to continue coordination and holding meeting to serve the purpose. –APP