Growing friendship: PM lauds Pak-Russia economic cooperation
Two countries sign inter-governmental gas supply agreement, premier highlights need for energy mix
Prime MInister Shahid Khaqan Abbasi. PHOTO: REUTERS
ISLAMABAD:
Prime Minister Shahid Khaqan Abbasi said on Friday that Pakistan-Russia cooperation in various sectors was a step towards strengthening of bilateral relations.
He was talking to Russia's Deputy Minister of Energy Yury P Sentyurin, who called on him at the PM Office.
The prime minister stated that the government is focusing on meeting the country's energy requirements with particular focus on a balanced mix of energy sources. He appreciated the delegation's fruitful interaction with the Ministry of Energy.
The premier expressed the hope that members of the Russian delegation would have a productive visit in the backdrop of briefing by various ministries about immense potential for investment in Pakistan's infrastructure development, energy and communication sectors.
He was of the view that the economic outlook of Pakistan had altogether changed in the last four years, which was being acknowledged globally.
"Our investment policy has been designed to provide a comprehensive framework for creating a conducive business environment to attract foreign direct investment," he said, adding Pakistan's policy trends had been consistent, with liberalisation, deregulation, privatisation and facilitation being the foremost cornerstones.
Minister In Charge for Power Owais Leghari, Minister of State for Petroleum Jam Kamal Khan and Ambassador of Russia to Pakistan Alexey Y Dedov were also present during the meeting.
Later, the prime minister witnessed the signing of an inter-governmental agreement between Pakistan and Russia for gas supply.
Published in The Express Tribune, October 14th, 2017.
Prime Minister Shahid Khaqan Abbasi said on Friday that Pakistan-Russia cooperation in various sectors was a step towards strengthening of bilateral relations.
He was talking to Russia's Deputy Minister of Energy Yury P Sentyurin, who called on him at the PM Office.
The prime minister stated that the government is focusing on meeting the country's energy requirements with particular focus on a balanced mix of energy sources. He appreciated the delegation's fruitful interaction with the Ministry of Energy.
The premier expressed the hope that members of the Russian delegation would have a productive visit in the backdrop of briefing by various ministries about immense potential for investment in Pakistan's infrastructure development, energy and communication sectors.
He was of the view that the economic outlook of Pakistan had altogether changed in the last four years, which was being acknowledged globally.
"Our investment policy has been designed to provide a comprehensive framework for creating a conducive business environment to attract foreign direct investment," he said, adding Pakistan's policy trends had been consistent, with liberalisation, deregulation, privatisation and facilitation being the foremost cornerstones.
Minister In Charge for Power Owais Leghari, Minister of State for Petroleum Jam Kamal Khan and Ambassador of Russia to Pakistan Alexey Y Dedov were also present during the meeting.
Later, the prime minister witnessed the signing of an inter-governmental agreement between Pakistan and Russia for gas supply.
Published in The Express Tribune, October 14th, 2017.