Pakistan strikes key deal with Russia to buy gas and wheat – reports – RT Business News


Pakistan has signed a major deal with Russia on importing natural gas and wheat, media reported this week, citing Pakistani Prime Minister Imran Khan.

Khan reportedly said he and Russian President Vladimir Putin had “big talksduring his visit to Moscow last week, where the leaders signed a bilateral agreement. He noted that Pakistan plans to import some two million tonnes of wheat from Russia in the near future.
The two leaders also reportedly discussed the long-delayed Pakistan Stream gas pipeline, which is to be built in collaboration with Russian companies.

The two countries are eager to launch the project at the earliest,according to Pakistan’s Ministry of Energy. The 1,100 km (683 mile) pipeline linking Russia and Pakistan was agreed in 2015. It is to be funded by both Moscow and Islamabad, and built by Russian contractors.

READ MORE:
Nord Stream 2 forced to lay off staff, could file for bankruptcy

Reports of the deal come as most Western countries are rapidly moving away from Russia and imposing heavy economic sanctions on the country in response to its ongoing military operation in Ukraine.

For more stories on economics and finance, visit RT’s business section

You can share this story on social media:


RT

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button