AGL 40.00 Decreased By ▼ -0.21 (-0.52%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.72 Increased By ▲ 0.05 (0.75%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.65 Decreased By ▼ -0.08 (-0.92%)
DFML 41.10 Decreased By ▼ -0.06 (-0.15%)
DGKC 85.40 Decreased By ▼ -0.71 (-0.82%)
FCCL 33.10 Increased By ▲ 0.54 (1.66%)
FFBL 65.77 Increased By ▲ 1.39 (2.16%)
FFL 11.65 Increased By ▲ 0.04 (0.34%)
HUBC 111.47 Decreased By ▼ -0.99 (-0.88%)
HUMNL 14.74 Decreased By ▼ -0.07 (-0.47%)
KEL 5.16 Increased By ▲ 0.12 (2.38%)
KOSM 7.59 Increased By ▲ 0.23 (3.13%)
MLCF 40.35 Increased By ▲ 0.02 (0.05%)
NBP 60.11 Decreased By ▼ -0.97 (-1.59%)
OGDC 194.25 Increased By ▲ 0.07 (0.04%)
PAEL 26.60 Decreased By ▼ -0.31 (-1.15%)
PIBTL 7.38 Increased By ▲ 0.10 (1.37%)
PPL 153.80 Increased By ▲ 1.12 (0.73%)
PRL 26.20 Decreased By ▼ -0.02 (-0.08%)
PTC 17.11 Increased By ▲ 0.97 (6.01%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.58 Decreased By ▼ -0.09 (-1.17%)
TOMCL 34.50 Decreased By ▼ -1.97 (-5.4%)
TPLP 8.93 Increased By ▲ 0.14 (1.59%)
TREET 16.80 Decreased By ▼ -0.04 (-0.24%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.25 Decreased By ▼ -0.95 (-3.37%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,113 Increased By 27.5 (0.27%)
BR30 31,179 Increased By 9.1 (0.03%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)
Pakistan

Russia would support Pakistan’s inclusion in BRICS, says Russian deputy PM

  • Alexei Overchuk along with high-level delegation are in Islamabad on two-day visit
Published September 18, 2024

Russian Deputy Prime Minister Alexei Overchuk said on Thursday that Moscow would support Pakistan’s inclusion in BRICS.

“We would be supportive of it,” Overchuk, who is on a two-day visit to Islamabad, told a joint press conference with Pakistan’s Foreign Minister Ishaq Dar in Islamabad, in response to a question about Pakistan’s request to become part of the grouping of the world’s leading emerging market economies.

BRICS is named after Brazil, Russia, India, China and South Africa. The bloc last year invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to become members, in a move aimed at accelerating its push to reshuffle a world order it sees as outdated.

A high-level delegation is also accompanying the Russian Deputy PM.

This is the highest-level visit from an official of the Russian Federation in several years, and a follow-up of discussions between Prime Minister Shehbaz and Russian President Vladimir Putin on the sidelines of the SCO Summit in Astana (Kazakhstan) on July 3, 2024.

Overchuk is scheduled to hold meetings with President Asif Ali Zardari, PM Shehbaz Sharif, and Deputy Prime Minister and Foreign Minister Ishaq Dar, the Foreign Office had said in a statement earlier.

Earlier, citing sources, Business Recorder had reported that Pakistan and Russia are all set to ink a number of pacts on government-to-government (G2G) with regards to trade, energy, finance, and industry during the visit Overchuk’s visit.

The three-pronged strategy for Pakistan-Russia energy cooperation outlined last year is as follows:

(i) procurement of crude oil;

(ii) procurement of LNG; and

(iii) development of gas infrastructure in Pakistan.

Comments

200 characters
test Sep 18, 2024 08:45pm
BRICS would be usesless without a BRICS currency. BRICS would also be useless without BRICS strategic modal & BRICS governance modal. BRICS should also transfer the technology among developing members
thumb_up Recommended (0) reply Reply
MZI Sep 18, 2024 09:12pm
It would be a good diplomatic milestone, though any economic benefits are doubtful.
thumb_up Recommended (0) reply Reply
test Sep 18, 2024 11:19pm
BRICS New Development Bank must allocate 10 trillion yuan for developing infrastructure around the world just like world bank, asian developent bank, industrial and commercial bank of china and others
thumb_up Recommended (0) reply Reply