By Ali Imran
ISLAMABAD: Pakistan and Russia signed a Memorandum of Understanding (MoU) on Cooperation in Railway sector on Friday on the sidelines of 27th St. Petersburg International Economic Forum (SPIEF).
The Memorandum of Understanding aims to explore opportunities for implementing railway upgrade projects and other initiatives within this crucial sector.
According to a press release issued by the Ministry of Railways, the MoU also establishes a framework for potential future collaboration with relevant companies operating in this sector.
Furthermore, it seeks to enhance and streamline international cargo transport.
The MoU was signed by Ambassador Muhammad Khalid Jamali from Pakistan side and Deputy Transport Minister D.S. Zverev from the Russian side.
On the other hand, Pakistan and China on Friday signed 23 Memorandums of Understanding (MoUs) and agreements to deepen bilateral cooperation in multiple areas including transport infrastructure, industry, energy, agriculture, media, health, water, socioeconomic development, and other areas of mutual interest.
The documents were signed after Prime Minister Shehbaz Sharif and his Chinese counterpart Li Qiang held delegation-level talks wherein they reaffirmed that the Pakistan-China Strategic Cooperative Partnership was characterized by mutual trust, shared principles, and strategic governance.
