Andrey S. Budnik, Ambassador of Russian Federation while speaking on the occasion of a dinner hosted by Seth Gohar Ullah, President, Hyderabad Chamber of Commerce & Industry (HCCI), Consul General of Russia and other Russian delegates, industrialists and notable businessmen, said that Russian Federation and Pakistan enjoy a friendly relationship.
He however, stressed that there is an urgent need to establish strong bilateral trade relationship between the two countries. He assured that Russian businessmen are making investment in Pakistan. He further said there are immense opportunities to further increase volume of trade between the two countries.
Speaking on the occasion, Seth Gohar Ullah said Hyderabad is ideally suitable for investment in trade and industry. Hyderabad, he added, is famous for textile, garments, footwear, glass industries, power generation, mining, oil and gas and these sectors were suitable for mutual investment. He announced that SITE (Phase-II) project would be started soon and after its launching, industries in Hyderabad would flourish and increase in volume and size. President HCCI called upon the governments of both the countries to facilitate the business and industrial communities to enhance trade in mutual interest.
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