Headlines

Pakistan seeks Belarusian expertise for tractor manufacturing plant, eyes stronger trade ties

Pakistan is looking to establish a tractor manufacturing plant similar to Belarus’ successful model and expand trade connectivity with Central Asia and Europe, Federal Minister for Communications Abdul Aleem Khan announced during his visit to Minsk, Belarus. 

Khan, who led a Pakistani delegation, engaged in discussions with Belarusian Minister of Transport and Communications Alexei Lyakhnovich, focusing on strengthening bilateral trade relations and enhancing road connectivity projects.

The talks emphasized the potential for improved access to European and Central Asian markets through better road networks, a strategic move that could boost trade between the two regions. 

“Belarus holds a strategic geographic position for trade, and Pakistan is keen to strengthen collaboration, particularly in the communications sector,” Khan said, adding that his visit was “highly productive” and would bring mutual benefits. 

He expressed hope that an upcoming visit by Pakistan’s prime minister to Belarus would further solidify the partnership. Khan also invited Belarus to invest in Pakistan’s motorway infrastructure.

Minister Lyakhnovich welcomed the Pakistani delegation, reaffirming Belarus’ commitment to expanding cooperation in various sectors. He highlighted the importance of continued high-level exchanges between the two countries, noting that such visits could expedite development efforts.

During the visit, Khan and his delegation toured a Belarusian tractor manufacturing plant in Minsk, which has been operational for 75 years. The plant produces over 62 models of tractors and vehicles, with an annual production capacity of 50,000 units. It exports its products to several countries, including Ukraine, Azerbaijan, Hungary, Romania, Kazakhstan, Russia, Lithuania, and Pakistan.

The delegation was briefed on the plant’s environmentally friendly production processes and advanced technology. Khan expressed interest in replicating the Belarusian model in Pakistan, recognizing its potential to improve the country’s agricultural machinery sector. “Pakistan is eager to establish a similar tractor plant and benefit from Belarus’ expertise,” he remarked. Belarusian officials provided the delegation with a comprehensive tour of the facility, addressing their queries on operations and export potential.

Related posts

Pakistan’s economy on right track: Aurangzeb

Brackly Bot

PM Sharif drives forward maritime reforms to unlock economic growth

Brackly Bot

Pakistan’s major reservoirs critically low ahead of Kharif season

Brackly Bot

Govt to withdraw 18% sales tax on local cotton, yarn, and grey cloth

Brackly Bot

OPEC+ presses for output compliance amid price crash

Brackly Bot

Federal Insurance Ombudsman provides financial relief of Rs2.32 billion to policyholders in 2024

Brackly Bot

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy