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Pakistan Holds Vast Energy Potential, Says Russian Diplomat

by Haktaurus
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The Department of Political Science and the Office of Research, Innovation, and Commercialisation at the University of Karachi recently organized a seminar titled “75 Years of Pakistan-Russia Relations: An Emerging Partnership.” The seminar aimed to commemorate the long-standing diplomatic ties between the two nations and explore the potential for future cooperation.

The chief guest of the event, Russian Consul General in Karachi, Andrey Viktorovich Fedorov, delivered a compelling address to the audience. He began by highlighting the historical significance of the Pakistan-Russia relationship, tracing its roots back to May 1, 1948. Over the decades, this bond has witnessed numerous historic developments.

Fedorov underscored the pivotal role played by this enduring relationship, which has led to the realization of monumental projects such as the Pakistan Steel Mill in Karachi and the Guddu Thermal Power Station in Northern Sindh. He also noted the importance of the Tashkent Declaration in the diplomatic history of both nations and stressed the need to preserve the rich legacy of Pakistan-Russia relations.

The Consul General further emphasized the willingness of leaders from both countries to collaborate across various sectors, including energy, trade, economics, humanitarian initiatives, cultural exchange, and education. Notably, he highlighted the significant potential in the energy sector, mentioning projects like the Pakistan Stream Gas Pipeline and the recent initiation of crude oil supply from Russia to Pakistan. He also announced the establishment of a direct shipping line from St. Petersburg and Vladivostok to Karachi, signed agreements for barter trade with Russia, and the launch of a two-way trucking route from Pakistan to Russia.

Meanwhile, KU Vice Chancellor Professor Dr. Khalid Mahmood Iraqi acknowledged the resilience of Pakistan-Russia relations over the past seven decades. He stressed the importance of policies and programs that prioritize the interests of the common people, economic prosperity, and the strengthening of trade relations. Dr. Iraqi also highlighted the significant growth in bilateral trade, which has increased from $567 million in 2021-22 to $760 million this year. Additionally, he mentioned plans to establish a Russian language center on campus for students and teachers.

The seminar served as a platform for fostering greater understanding and cooperation between Pakistan and Russia, celebrating the past accomplishments and envisioning a promising future for this enduring partnership.

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