• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Friday, July 10, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

Russia proposes independent payment system to boost trade with Pakistan

by Web Desk
September 14, 2023
in Business
0
Russia proposes independent payment system to boost trade with Pakistan
276
SHARES
3.9k
VIEWS
Share on FacebookX

Danila Ganich, the Russian Federation’s Ambassador, has expressed a desire for an independent means of payment between Pakistan and Russia in order to boost trade activity.

During a seminar titled ‘Pakistan-Russia Relations and the Way Ahead,’ organised by the Islamabad Policy Research Institute (IPRI), the Russian Ambassador shed light on various topics pertaining to the Ukraine-Russia War, Pak-Russia bilateral ties, and regional issues.

The Ambassador stated that bilateral relations with Pakistan were excellent at all levels, with expanding understandings on the political, military, and commercial fronts.

He highlighted Russia’s generosity in backing Pakistan’s anti-Islamophobia stance and stated that all religions should be respected. He chastised the West for irrationally promoting free speech, especially when it means polarising society.

“We support counter-terrorism measures alongside Pakistan because we understand that your country has paid a high price in the form of 80,000 casualties during the war on terrorism,” Ganich added.

He stated that military drills known as ‘Friendship’ between the two countries will continue, with an episode planned for next year.

Ambassador Ganich stated that his country is willing to deliver oil to Pakistan while under sanctions, but that the conversations are confidential and the conditions are agreed upon by independent commercial parties.

Tags: boost tradepayment systemRussia
Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

SBP says uncertainty may hurt financial stability prospects

Middle East conflict: SBP says uncertainty may hurt financial stability prospects

by Suneela Zulfiqar
May 6, 2026
0

The State Bank of Pakistan (SBP) has warned that ongoing uncertainty due to the Middle East conflict could create downside...

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

by Web Desk
April 24, 2026
0

SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...

Pakistan repays $3.45bn to UAE, confirms central bank

Pakistan repays $3.45bn to UAE, confirms central bank

by Web Desk
April 24, 2026
0

Pakistan has repaid a total of $3.45 billion in deposits to the United Arab Emirates (UAE), the State Bank of...

Next Post
Texas Tech University announces fully funded scholarship for International Students including Pakistan

Texas Tech University announces fully funded scholarship for International Students including Pakistanis

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.