Pakistan-Belarus Enhance Bilateral Trade to Full Potential: Commerce Minister

Wed May 08 2024
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ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Wednesday stressed the need for Pakistan and Belarus to elevate their bilateral trade ties to fully exploit their potential.

Pakistan has been exporting a diverse range of goods to Belarus, including medicaments, textiles, cutlery, rice, leather articles, footwear, sports requisites, cotton garments, salt, and mangoes.

However, Pakistan’s imports from Belarus consisted of fertilizer, wood pulp, agriculture tractors, and motor vehicles.

In a meeting with Ambassador of Belarus Andrei Metelitsa, Minister Jam Kamal Khan underlined Pakistan’s significant position as the fourth-largest dairy producer internationally, suggesting that the country has the capability to become a major exporter in this sector.

He urged the exploration of new avenues and potential to capitalize on this opportunity, proposing that Belarus upgrade its tractors to meet the agricultural requirements of Pakistan.

Pakistan-Belarus Trade

Despite a recorded total trade volume of 19.05 million dollars, Jam Kamal Khan indicated that this figure falls short of the true potential of trade between the two countries.

He referenced the outcomes of the sixth Pakistan-Belarus Joint Ministerial Commission session held in Minsk from January 12-13, 2023, where both parties evaluated ongoing bilateral cooperation in trade.

Moreover, Ambassador Andrei Metelitsa stressed on expertise of Belarus in manufacturing harvesters and electric vehicle transports, suggesting deeper cooperation between the two nations in these sectors.

Minister Jam Kamal Khan underlined the significance of both business-to-business meetings and government-to-government dialogues to enhance trade volume and strengthen bilateral ties.

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