Coordinator FTO for resumption of cargo service to enhance Pak-Russia trade.
ISLAMABAD -- The Coordinator to Federal Tax Ombudsman (FTO) and Vice President Gold Ring Economic Forum Meher Kashif Younis Tuesday said that the resumption of cargo service between Pakistan and Russia is poised to enhance bilateral trade by providing a more efficient and reliable means of transporting goods.
In a press statement issued here, he said that it can facilitate the exchange of various commodities, such as textiles, machinery, agricultural products, and raw materials, between the two countries.
He said improved cargo service can contribute to economic growth in both Pakistan and Russia that's will lead to increased export opportunities for Pakistani businesses, allowing them to access the Russian market more easily.
He said Russian companies can benefit from enhanced trade links with Pakistan, potentially leading to new business ventures and investment besides cargo service can help diversify trade routes for both countries.
He said the availability of direct cargo service can provide an alternative and faster transportation option, reducing reliance on traditional routes and potentially lowering transportation costs.
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