Pakistan and Belarus Sign Trade Agreements

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Recently, Pakistan and Belarus signed diverse agreements aimed at boosting bilateral trade, particularly in nutrition and pharmaceuticals. The five-year pact, as highlighted by Trade Minister Jam Kamal, includes increasing exports in meat, dairy, and textile products. Belarusian President's three-day visit to Islamabad facilitated high-level discussions with Pakistani Prime Minister Shehbaz Sharif, intending to outline a roadmap for enhancing trade relations. Concurrently, Pakistan is facing internal turmoil, with increased protests from the Tehreek-e-Insaf party, including instances of violence leading to casualties among security forces. Despite these challenges, the agreements are expected to bolster Pakistan's logistical capabilities and foster collaborations across various sectors. The agreements signify a commitment to fortify economic ties, benefitting both nations amid a backdrop of political unrest and economic challenges.
Highlights
  • • Pakistan and Belarus signed agreements to boost trade.
  • • Five-year deal includes sectors like nutrition and automobiles.
  • • Trade Minister Jam Kamal emphasized increased exports.
  • • President of Belarus visited Islamabad for high-level talks.
  • • Agreements aim at enhancing logistic capabilities.
  • • Political protests in Pakistan highlight internal challenges.
  • • Tehreek-e-Insaf party involved in protests against government.
  • • Amid unrest, economic collaborations are crucial.
  • • Focus on exports of meat, dairy, and textiles from Pakistan.
  • • Strengthening ties could support local industries.
* Johnson Ernest helped DAVEN to generate this content on 11/25/2024 .

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