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Home Economy

Pakistan, Russia Agree to Enhance Cooperation in Hydroelectricity Sector

by News Publishing
January 20, 2023
in Economy, New, News
Reading Time: 1 min read
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Pakistan, Russia Agree to Enhance Cooperation in Hydroelectricity Sector
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 Pakistan and Russia have agreed to enhance cooperation in the hydroelectricity sector.

The agreement was reached at talks held in Islamabad by the Inter-Governmental Commission (IGC). The IGC’s eighth three-day meeting reviewed the areas of cooperation and considered strategies for identifying potential new avenues for strengthening bilateral ties.

According to other sources, Russia has agreed to help Pakistan find alternative sources of energy and will cooperate with Islamabad to explore gas in the country.

Both Pakistan and Russia have agreed for dealing with local currency, and an agreement will be signed by Russian and Pakistani customs to halt the smuggling of commodities.

Experts from the two countries held technical meetings and discussed ways to further advance their mutually beneficial cooperation in areas such as trade and investment, agriculture, energy, industry, education, science and technology, information and communication technologies, finance, customs, and communication, in addition to roads, postal services, and railways.

The visiting delegation also suggested Pakistan take benefit of Russia’s expertise in the field of science & technology and research.

Tags: Hydroelectricity SectorPakistanRussia

News Publishing

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