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Gomel Economic Forum bolster Belarus-Pakistan economic ties

Minsk, 22 September, 2023 (GNP): Ambassador of Pakistan to Belarus, Sajjad Haider Khan, participated in the Gomel Economic Forum held on 21 September.

The Ambassador lauded the Gomel Economic Forum as a remarkable platform for fostering international collaboration and exploring opportunities to strengthen economic ties. He emphasized the historical growth of diplomatic and economic relations between Pakistan and Belarus, rooted in cooperation for trade, investment, and technological advancements.

“The Gomel Economic Forum provides a unique opportunity to further strengthen these ties,” Ambassador Khan affirmed.

While acknowledging the impressive pace of economic development between Pakistan and Belarus, Ambassador Khan also highlighted the untapped potential for growth. He emphasized Pakistan’s strategic location and dynamic market as a gateway for Belarusian businesses to access South Asian markets and beyond. Pakistan has instituted a comprehensive investment friendly mechanism to facilitate the investors. Similarly, he pointed out that Belarus, known for its innovations and technological achievements, offers significant opportunities for Pakistani investors and businesses.

Gomel Economic Forum

The Ambassador emphasized the pivotal role of agriculture in Pakistan’s economy and identified agriculture as a key area for cooperation. Belarusian tractors, renowned for their quality, are highly popular in Pakistan. Furthermore, Gomselmash, a prominent Belarusian agricultural machinery manufacturer, stands as a potential partner for collaboration.

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He invited the Belarusian business to reach out to Pakistan’s textile industry, which accounts for approximately 60% of the country’s total exports. He also highlighted the potential for cooperation and investment in this sector.

Gomel Economic Forum

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Looking ahead, Belarus and Pakistan will celebrate the 30th anniversary of their diplomatic relations next year. To mark this significant milestone, a series of events, including educational and cultural initiatives, are in the pipeline, further strengthening the bonds between the two nations.

The Gomel Economic Forum stands as a testament to the commitment of Pakistan and Belarus to fostering economic growth, innovation, and collaboration. As these two nations continue to explore new avenues for partnership, the future holds great promise for their mutual prosperity.