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Highlights urgency to expand trade ties
NEW DESK
Prime Minister Shehbaz Sharif stressed the need for an increase of trade ties between Pakistan and Russia during his meeting with Russian President Vladimir Putin on the sidelines of a Shanghai Cooperation Organisation (SCO) summit.
In particular, he mentioned the barter system and its utilization to bring benefits for the people of both countries.
The premier also mentioned that during the 1950s and 1960s, both countries reaped dividends from the barter system.
The PM said to President Putin, “I think today is the time we can overcome financial and other banking issues by renewing our trade and expanding our trade under a barter.”
“That will be very beneficial to Pakistan and we will able to overcome many problems,” he added.
The trade volume, as the PM mentioned too, is way below its true potential between Pakistan and Russia and it needs urgent efforts for expansion.[:]