Pakistan keen to acquire aeronautical products from Russia

Posted In: News Date:Dec 12th, 2019

ISLAMABAD: Pakistan has shown interest in acquiring civil aeronautical products from Russia and to this effect, both the countries have decided to first sign the non-disclosure agreement (NDA) prior to reaching commercial deals. Russia will also help Pakistan in the field of metallurgy.

A 64-member delegation headed by Minister for Trade and Industries for the Russian Federation Denis V Manturov visited Pakistan for four days from December 8 to 11 to attend an Inter-Governmental Commission. The Pakistan-Russia three-day IGC meetings ended here on Wednesday with fruitful results.

The Russian side informed the Pakistani side on the status of implementation of the project of the MC-21 passenger medium range airliner and expressed interest in its supply, as well as in the promotion of the SSJ100 short-range aircraft and Yak-152 aircraft for primary training in Pakistan.

Pakistan expressed its readiness to study this information and in the case of its interest to send to Russia an official request to make comprehensive presentations of the aircraft. Denis Manturov also called on Prime Minister Imran Khan in later part of the day.

Both the sides, during the IGC meeting, discussed in detail the avenues of cooperation in trade, economic, scientific, and technical areas in IGC meetings. The joint working group of both the countries on energy met on December 9 whereas working group on trade and industries met on December 10.

The official said that three Russian companies have agreed to revamp the Pakistan Steel Mills under g-to-g arrangement and the Russian companies’ consortium will conclude the agreement within the next six months and will make the PSM stand on its feet within the span of three years.