LAHORE: The Punjab Industrial Estates Development and Management Company (PIEDMC) and Belarus Consulate on Wednesday signed an agreement to enhance bilateral trade between the two countries.

The agreement was signed by the PIEDMC CEO Ali Moazzam Syed and Honorary Consulate General Belarus Waleed Mushtaq.

According to the MOU, chambers delegations and trade information would be exchanged to promote trade between the two countries, and both sides would support each other to explore avenues of potential growth.

Ambassador of Belarus Andrei Metelitsa, Chairman PIEDMC Syed Nabil Hashmi, Board Directors Usman Ali Malik, Dr Samira Rehman and General Manager Business Development Amina Faisal Shah were also present.

Talking on the occasion, Belarus Ambassador Andrei Metelitsa said Belarus was interested in the auto sector, economic zones and tractor manufacturing in Pakistan.

There were fraternal relations between Pakistan and Belarus and both the countries could promote mutual trade by working in tractor manufacturing in auto industry, said the ambassador.

Chairman PIEDMC Syed Nabil Hashmi offered to set up an office of Belarusian Consulate in Quaid-e-Azam Business Park to enhance cooperation.

Hashmi said the PIEDMC would provide all possible assistance to Belarusian investors and companies in Pakistan. There was a huge gap in the electric two-wheeler in which cooperation could be enhanced.

The dream of industrial revolution could not be fulfilled without the support of modern technology and knowledge, he observed.