ISLAMABAD: Russian Ambassador Danila V. Ganich on Tuesday said that Russiais eager to invest $1.7 billion in the Karachi-Lahore gas pipeline.
“While the volume of trade has been promising at $500 million, tradecooperation has not corresponded to its potential. The low level of directcommercial ties and insufficient knowledge about each other’s businesspractices, capabilities and language barriers continue to hamper progressin this much-needed area,” the Ambassador lamented.
He was addressing a seminar titled ‘Conversation with Ambassadors onPakistan-Russia Relations: Prospects for the Future’ organised by theCentre for Aerospace and Security Studies (CASS).
Detailing his views on the regional situation, Ambassador Ganich said thereshould not be law of the jungle in the international system.
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He said Russia, like Pakistan, does not want an arms race in the region andis against an arms race in outer space as well, adding that both Pakistanand Russia have strong reasons for wanting peace and stability inAfghanistan.
“In this regard, Russia will facilitate any reasonable solution for peaceand reconciliation. Unfortunately, prospects for the intra-Afghan dialogueremain bleak for the foreseeable future,” he added.
