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10 Aug 2015

Pakistan prime minister arrives in Belarus on official visit

MINSK, 10 August (BelTA) – The Prime Minister of the Islamic Republic of Pakistan, Nawaz Sharif, has arrived in Belarus on an official visit. The distinguished guest was welcomed by Belarus President Alexander Lukashenko, BelTA has learned.

It is expected that the prime minister will hold a number of meetings, visit some machine-building enterprises, and hold talks with Belarus President Alexander Lukashenko.

Nawaz Sharif will also give a brief lecture to students and professors of the Belarusian State University. Besides, the Belarus-Pakistan Business Forum will be held as part of the program of the official visit of the Pakistan prime minister to Minsk. The Pakistani official will stay in Belarus from 10 August to 12 August.

In May 2015 Pakistan hosted Belarus President Alexander Lukashenko on an official visit. The Belarusian head of state held talks with Pakistan President Mamnoon Hussain and Prime Minister Nawaz Sharif.

The Belarusian President was accompanied by a large delegation comprising ministers and businessmen, managers of major state-run and private companies. Agreements were reached on the establishment of joint ventures in both countries. In Islamabad the parties signed a package of two dozen documents aimed at enhancing the cooperation between Belarus and Pakistan in various fields, including industry, agriculture and food, science and technology, investment, information and communication, education.

In the past eight years the Belarus-Pakistan trade was ranging from $50 million to $120 million. Belarus’ major exports are tractors (Pakistan is one of the biggest sales markers outside the CIS), potash fertilizers, synthetic fibers, tires, synthetic yarn. Main imports are rice, styrolene polymers, fruits, foodstuffs, leather products, fabrics and textile. In 2014 the bilateral trade reached $58.2 million. The export of Belarusian products to Pakistan increased 0.3% to $42.6 million over the year 2013; the import from Pakistan totaled $15.6 million (98.5%).

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