Visit of Delegation of the Russian Federation on 6th to 13th October 2013

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Visit of Delegation of the Russian Federation on 6th to 13th October 2013

KARACHI: A business delegation from Russian Federation including representatives of world’s top three Russian companies engaged in gas, coal and railway sectors visited KCCI here on Monday to see trade and investment opportunities. The delegation also searched for Pakistani partners.

The Russian firms included in the delegation are known for gas exploration, generating power from gas, manufacture of gas turbines, coal development and railways.

The exchange of business information and interaction with private sector people here is aimed at enhancing bilateral trade and economic cooperation between Russia and Pakistan including initiation of joint ventures in diverse sectors.

The delegation is on visit to Karachi and Lahore for the next couple of days.

Headed by Consul General of Russian Federation in Karachi, Oleg N. Avdeev, the delegation includes Associate Patron of Pakistan Russia Business Forum, Alexey A. Strekalov, Deputy Commercial Director of M/s. Saturn Gas Turbines, Bllyk Igor, Deputy Head of Design and Development Department of M/s. RPM Group, Lialkov Aleksandr.

Prominent Pakistanis interacting with the delegation include Founder President of Pakistan Russian Business Forum Abdul Rauf Tabani, President, Karachi Chamber of Commerce and Industry (KCCI) Aamir Abdullah Zaki, Senior Vice President Muffasar Atta Malik, Vice President Muhammad Idress, former president KCCI Majyd Aziz.

Consul General of Russian Federation in Karachi Oleg N. Avdeev said the people of both countries do not know much about each other. Thus, interaction must be enhanced by exchange of visits especially of the businessmen. This would play a vital role in augmenting bilateral trade.

He noted that today’s visit of Russian delegation would be the first step to have more ventures between the two countries.

He said besides railways Russia could cooperate and support Pakistan in power sector, gas exploration and conversion of gas into power generation, coal fields development meant for power generation, supply of machinery and equipment for power plants.

To a question regarding revival, modernisation and expansion of Pakistan Steel Mills by Russia, he very cautiously said it was under discussion but specific decision was awaited till Joint Ministerial Working Group’s meeting scheduled in November 2013 in Moscow.

To another query, he said there was no ban on the import of vegetable and fruits from Pakistan. However, he said, there were certain standards to meet before reaching the Russian market.

Associated Patron of Pakistan Russia Business Forum, Alexey Strekalov said this visit of Russian delegation would provide an opportunity of face to face meetings between the two potential business communities which might lead to starting new ventures for the good of both the nations.

He said Russian businessmen wanted partners in Pakistan.

The delegation noted that Pakistan has a lot of potential for trade and investment.

Deputy Commercial Director of M/s. Saturn Gas Turbines, Bllyk Igor said that most Russian companies were interested in development of coal based energy sector apart from solar energy besides development of gas fields and converting gas into power.

Deputy Head of Design and Development Department of M/s. RPM Group dealing with Railways sector, Lialkov Aleksandr said that his company was looking for the assembly of railway machinery in Pakistan as “we see a promising market here.”

President KCCI, Aamir Abdullah Zaki underlined the need for Russian assistance in gas exploration, development /strengthening of railways and power sector especially from coal, in heavy machinery, engineering and automobiles and other potential areas. He recalled the Russian contribution and cooperation in the shape of Pakistan Steel Mills.

He said the bilateral relations would further improve in future as Russian Government has shown interest in signing Preferential Trade Agreement (PTA) and Free Trade Agreement (FTA). Strong bilateral trade and larger cooperation between Pakistan and Russia would bring prosperity and integrity to the region, he said.

He apprised about the vital role of KCCI in the socio-economic development of Pakistan and to promote trade and industry in Karachi and elsewhere.

Former President KCCI Majyd Aziz was of the view that visit of Russian President to Pakistan will open new avenues of bilateral relations.

Paradigm shift was required from trade of commodities to machinery and equipment, Majyd Aziz said.

President, Pakistan Russian Business Forum, Abdul Rauf Tabani said Russia was the largest oil producer after Saudi Arabia. It is a big market and centre of industrial raw materials.

KARACHI: A business delegation from Russian Federation including representatives of world’s top three Russian companies engaged in gas, coal and railway sectors visited KCCI here on Monday to see trade and investment opportunities. The delegation also searched for Pakistani partners.

The Russian firms included in the delegation are known for gas exploration, generating power from gas, manufacture of gas turbines, coal development and railways.

The exchange of business information and interaction with private sector people here is aimed at enhancing bilateral trade and economic cooperation between Russia and Pakistan including initiation of joint ventures in diverse sectors.

The delegation is on visit to Karachi and Lahore for the next couple of days.

Headed by Consul General of Russian Federation in Karachi, Oleg N. Avdeev, the delegation includes Associate Patron of Pakistan Russia Business Forum, Alexey A. Strekalov, Deputy Commercial Director of M/s. Saturn Gas Turbines, Bllyk Igor, Deputy Head of Design and Development Department of M/s. RPM Group, Lialkov Aleksandr.

Prominent Pakistanis interacting with the delegation include Founder President of Pakistan Russian Business Forum Abdul Rauf Tabani, President, Karachi Chamber of Commerce and Industry (KCCI) Aamir Abdullah Zaki, Senior Vice President Muffasar Atta Malik, Vice President Muhammad Idress, former president KCCI Majyd Aziz.

Consul General of Russian Federation in Karachi Oleg N. Avdeev said the people of both countries do not know much about each other. Thus, interaction must be enhanced by exchange of visits especially of the businessmen. This would play a vital role in augmenting bilateral trade.

He noted that today’s visit of Russian delegation would be the first step to have more ventures between the two countries.

He said besides railways Russia could cooperate and support Pakistan in power sector, gas exploration and conversion of gas into power generation, coal fields development meant for power generation, supply of machinery and equipment for power plants.

To a question regarding revival, modernisation and expansion of Pakistan Steel Mills by Russia, he very cautiously said it was under discussion but specific decision was awaited till Joint Ministerial Working Group’s meeting scheduled in November 2013 in Moscow.

To another query, he said there was no ban on the import of vegetable and fruits from Pakistan. However, he said, there were certain standards to meet before reaching the Russian market.

Associated Patron of Pakistan Russia Business Forum, Alexey Strekalov said this visit of Russian delegation would provide an opportunity of face to face meetings between the two potential business communities which might lead to starting new ventures for the good of both the nations.

He said Russian businessmen wanted partners in Pakistan.

The delegation noted that Pakistan has a lot of potential for trade and investment.

Deputy Commercial Director of M/s. Saturn Gas Turbines, Bllyk Igor said that most Russian companies were interested in development of coal based energy sector apart from solar energy besides development of gas fields and converting gas into power.

Deputy Head of Design and Development Department of M/s. RPM Group dealing with Railways sector, Lialkov Aleksandr said that his company was looking for the assembly of railway machinery in Pakistan as “we see a promising market here.”

President KCCI, Aamir Abdullah Zaki underlined the need for Russian assistance in gas exploration, development /strengthening of railways and power sector especially from coal, in heavy machinery, engineering and automobiles and other potential areas. He recalled the Russian contribution and cooperation in the shape of Pakistan Steel Mills.

He said the bilateral relations would further improve in future as Russian Government has shown interest in signing Preferential Trade Agreement (PTA) and Free Trade Agreement (FTA). Strong bilateral trade and larger cooperation between Pakistan and Russia would bring prosperity and integrity to the region, he said.

He apprised about the vital role of KCCI in the socio-economic development of Pakistan and to promote trade and industry in Karachi and elsewhere.

Former President KCCI Majyd Aziz was of the view that visit of Russian President to Pakistan will open new avenues of bilateral relations.

Paradigm shift was required from trade of commodities to machinery and equipment, Majyd Aziz said.

KARACHI: Muhammad Zubair Motiwala, Chairman Sindh Board of Investment said that Pakistan largest industrial complex ‘Pakistan Steel Mills’ is the exemplary initiative of cooperation between Pakistan & Russia. This he said while meeting with Russian Business Delegation in his office on 8th October, 2013. The delegation consists of three leading Russian Business Groups including GAZPROM INTERNATIONAL, SATURN GAS TURBINE & RMP Group representing hydrocarbon exploration, Gas Turbine Manufacturing and Railway Machinery assembling & construction respectively.

The delegation was led by Abdul Rauf Tabani President of Pakistan-Russian Business Forum. On the occasion, Muhammad Zubair Motiwala repatriated historic deep rooted ties between the Pakistan and Russia and welcomed the Russian counterparts to invest and extend business relation to advance level in future.
Chairman SBI also gave detailed presentation to the delegates encompassing the opportunities available in this region of Indus valley. Focusing on Thar coal he said that Sindh is blessed with world class coal reservoirs with international verification and offered full facilitation for swift materialization of their intent to invest in Sindh.
He further elaborated that Sindh has a lot of investment opportunities and to boost up investment opportunities in the province, the government has established Private Public Partnership Unit to achieve the targets.
Russian delegates appreciated the investor friendly policies by Sindh Government and showed immense interest in revamping of Pakistan Steel Mills and aimed to collaborate in oil gas along with railway sector of Pakistan to enhance the quantum of trade between the two brother nations.

Director General SBI Muhamamd Riazuddin, Director Admin, SBI Abrar Shaikh and other officers were also present on the occasion.

KARACHI: Some key decisions on Pakistan Steel Mills (PSM) are expected in the bilateral joint commission of the two countries to be held in November this year in Moscow, Oleg N Avdeev, consul general of the Russian Federation, said on Monday.

 

“The Russian companies have placed specific suggestions to Pakistani authorities related to Pakistan Steel Mills,” he added. The consul general said that Russia wanted modernisation and development of the steel mill and his country had already offered cooperation.

Russia is offering cooperation to Pakistan in three major industries, including energy, railways and equipment for power plants, he said.

The consul general was heading the Russian delegation that visited the Karachi Chamber of Commerce and Industry (KCCI) to apprise the members about their manufacturing capabilities and technology enhancement.

Three big companies, Gazprom, RPM Group and Saturn Gas Turbine, were the part of the Russian delegation during the meeting. Members of the delegation were optimistic about the cooperation in Railways and expressed the hope for some positive outcome after meetings in Karachi and Lahore.

KCCI President Abdullah Zaki presented detailed overview of Pakistan’s energy needs and sought Russian cooperation in various fields.

Majyd Aziz, former president of the KCCI, urged the local entrepreneurs to take advantage of expertise of visiting Russian business community. Pakistan had realised to seek trade partnership with Russian and other Asian economies for fast growth, he said.

Aziz urged the governments of the two countries to work on preferential and free trade agreements. He said that when the United States can give civil nuclear technology to India then why Russia could not share such technology with Pakistan.

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