Pakistan North-South Corridor boosts regional trade and connectivity, following a strategic invitation by Russia.
Pakistan has decided to join Russia's North-South International Transport Corridor following an invitation from Russian President Vladimir Putin, according to diplomatic sources.
Pakistan has agreed in principle to be part of the INSTC and has initiated discussions and related procedures. The corridor, a 7,200-kilometre multi-mode network of air, rail, and highway routes, aims to enhance connectivity and trade between Iran, India, Azerbaijan, Pakistan, the Russian Federation, Central Asian countries, and Northern Europe.
Pakistan is also exploring the use of the Silk Road as an international transport corridor alongside the China-Pakistan Economic Corridor . There are considerations to import timber from Russia, which could benefit Pakistan's modern furniture industry, leveraging Russia's rich timber resources.
Pakistan International Trade Strategy INSTC Trade Benefits Pakistan Russia Trade Relations
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
South Korea will consider supplying arms to Ukraine after Russia and North Korea sign strategic pactSouth Korea will consider supplying arms to Ukraine after Russia and North Korea sign strategic pact
Baca lebih lajut »
Investment Enhancement: Chinese Firms To Explore More Opportunities In CPEC Phase-IIChinese companies operating in Pakistan have expressed confidence that Prime Minister's visit to China will explore more opportunities for the second phase of the China-Pakistan Economic Corridor.
Baca lebih lajut »
High-powered China delegation to visit Pakistan soon, says ShehbazExperience the future of Pakistan-China relations with the China-Pakistan Economic Corridor (CPEC). Discover how this high-level d...
Baca lebih lajut »
Heartbreak in Pakistan after cricket World Cup loss to IndiaPakistan and India's cricket rivalry is one of the world's great international sporting feuds.
Baca lebih lajut »
Russia's Putin to visit North Korea amid int'l concerns over military cooperationRussia's Putin to visit North Korea amid int'l concerns over military cooperation
Baca lebih lajut »
PIA new ticket price offers 20% discount for announcedPakistan International Airlines (PIA) has announced a generous 20% discount for students travelling from Pakistan to China, aiming to make
Baca lebih lajut »