Russia promises to supply ‘6-16 Sukhoi SuperJet-100’ aircraft to PIA in 2020
Both sides also agreed to hold the 7th session of IGC in Moscow.
Pakistan and Russia are working to strengthen bilateral ties in the sectors of aviation, trade, economic and energy sectors. The cooperation is expected to translate into tangible investments in other sectors.
As the sixth session of Pakistan-Russia Inter-Governmental Commission (IGC) on trade, economic and scientific and technical cooperation concluded, the Russian side promised to initiate negotiations on the supply and after-sales service of 6-16 Sukhoi SuperJet-100 aircraft to the Pakistan International Airlines (PIA) during the first quarter of 2020.
Not just this, mutually agreeing on dates, both sides also agreed to hold the 7th session of IGC in Moscow. IGC sessions are held in the capitals of both countries alternatively.
The sixth IGC session was held from Dec 9 to 11 in Islamabad. Mohammad Hammad Azhar, Minister for Economic Affairs, was leading Pakistan’s side while Russian Minister for Industry and Trade Denis V. Manturov was heading the delegation Russian side.
Mr. Manturov said that the Russian side is currently examining the financial aspects of providing 6-16 aircraft to PIA. The first phase of formal negotiations between two sides will start in the first quarter of 2020. He added that the Russian side in the process of sketching out the investment opportunities and how to materialize things.
Pak-Russia IGC agrees to enhance cooperation in trade, aviation and energy sectors; Russian minister meets PM, COA
Representing Pakistan, Hammad Azhar said that Russia has extensive expertise in railway equipment as it is already exporting it to European countries. Pakistan, on the other hand, is in a desperate need to revamp and upgrade its railway.
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