Pakistan: In a ceremony held at the parliament house on Monday, Pakistan and Russia signed a memorandum of understanding to increase parliamentary cooperation.
The Memorandum of Understanding was signed on behalf of their respective nations by Senate Chairman Yousuf Raza Gilani and Speaker of the Federation Council of the Russian Federation Assembly, Valentina Matvienko.
A video of the event that was shared by Pakistan’s Senate shows the signing of the agreement by the two respective dignitaries.
In addition, the Russian Embassy in Pakistan posted information about the MOU signing ceremony on X, noting that Valentina, the speaker of the Russian Federation Council, emphasized Syed Yousuf Raza Gilani’s significant contribution to enhancing bilateral relations and SCO cooperation.
During his remarks at the event, Gilani stated, “This visit marks a watershed in the long and historic journey of cooperation between Pakistan and Russia, reinforcing our shared commitment to regional peace, prosperity, and mutual respect.”
He additionally said that the understanding establishes the groundwork for upgraded parliamentary strategy and underlines the trading of parliamentary designations to additional collaboration between the two nations.
The understanding advances connection between parliamentary kinship gatherings and features an expert improvement program zeroing in on limit fabricating and upgrading institutional improvement for compelling parliamentary commitment for the two countries, Gilani added.
Gilani concluded, “We are confident that the outcome of this visit will pave the way for a stronger, more meaningful interparliamentary and bilateral partnership between Pakistan and the Russian Federation in the years ahead.”
Valentina will likewise be meeting President Asif Ali Zardari, PM Shehbaz Sharif and speaker of the Public Get together Sardar Ayaz Sadiq also during her visit, Gilani referenced.
Pakistan and Russia, once rivals during the Cold War, have recently strengthened their relationship through ongoing trade and business interactions. Islamabad has expressed an interest in establishing trade ties with Russia through Central Asian nations, with the goal of becoming a key transit route for Central Asia’s landlocked nations.
Particularly, when Pakistan began importing discounted Russian crude oil in 2023, relations between Islamabad and Moscow improved. This move came after Pakistani fuel prices skyrocketed as a result of geopolitical tensions, forcing the country to look for cheaper fuel options.
Alexei Overchuk, Russia’s Deputy Prime Minister, paid a brief visit to Islamabad in September with the intention of expanding trade and investment opportunities with Pakistan.
