Islamabad: From November 24 to 26, the Pak-Russia Inter-Governmental Commission (IGC) on commercial, economic, scientific, and technological cooperation will hold its seventh meeting in Yekaterinburg, Russia.
Federal Minister for Economic Affairs Omar Ayub Khan hosted a high-level meeting on Thursday to discuss the agenda for the upcoming meeting in this regard. Representatives from the Ministry of Foreign Affairs, the Ministry of Commerce, the Ministry of Energy, the Ministry of Information Technology and Telecommunication, the Ministry of National Food Security and Research, and other relevant departments were present at the meeting.
The chair reviewed the status of the decisions made at the 6th IGC meeting in Islamabad in December of this year. He emphasised the importance of strengthening bilateral ties with the Russian Federation, stating that both countries have enormous potential for mutual cooperation in a variety of spheres.
Trade, customs, energy, industry, agriculture, education, science and technology, transportation, and information and communication technology were among the topics discussed by the attendees.
Omar Ayub asked the relevant authorities to establish priorities and provide thorough recommendations that included a scope, action plan, outputs, and outcomes, as well as dates.
He also stated that regional integration is critical for improving the region’s socioeconomic linkages. “Regional connectivity with Central Asia, Russia, and China can lead to significant economic gains,” he continued.
Omar had previously chaired two meetings on World Bank-funded initiatives, including the Higher Education Development for Pakistan and the Khyber Pass Economic Corridor (KPEC).