Federal Minister for Communications Asad Mehmood said Satur¬day under the current geo-economic scenario Road Transport Agree¬ment between Pakistan and Russia will prove a catalyst to boost the country’s economy and pave the way for a larger influx of trade. The minis¬ter issued this statement on the occasion of the en¬try of the first-ever Rus¬sian truck crossing into Pa¬kistan through Torkham border under the Road Transport Agreement with Russia. Minister for Com¬munications Maulana Asad Mehmood had carved out the Road Transportation Agreement with the Rus¬sian Transport Minister Vi¬taly Savelyev, on his maiden visit to Moscow in Novem¬ber 2022, said a press re¬lease issued here. The agreement was signed in line with the vision of Prime Minister Shehbaz Sharif, to boost trade with the neighboring countries. Since the beginning of diplomatic re-lations with Russia in 1948, this is the first time that a trade route through roads has been established. Rus¬sia is the fourth largest LNG exporting country in the world and Pakistan has a huge potential of exporting fruits, garments, surgical instruments, and agricul¬tural products making them both potentially strong trade partners. The trans¬port of goods will be carried out under TIR Carnet under which road transport per¬mits are issued in order to simplify procedures at cus¬toms borders.
