Tatarstan businessmen invited to invest in Punjab


Shahbaz, Minnikhanov hold talks, address Business Forum

Joint committee to identify sectors for promoting coop

Salim Ahmed


Chief Minister of Punjab Muhammad Shahbaz Sharif has said that Pakistan and Russian Federation have economic relations for the last many decades. Trade is also carried out through barter system between the two countries. Pakistan has economic relations with Tatarstan and Prime Minister Nawaz Sharif visited Tatarstan in 1999. There are strong opportunities of promoting bilateral economic cooperation between Pakistan and Tatarstan.
Chief Minister Shahbaz Sharif expressed these views while addressing the Punjab-Tatarstan Business Forum here. Tatarstan President Rustam Minnikhanov attended the forum as the chief guest.
The Chief Minister said, “The two sides can further promote bilateral relations in agriculture, engineering, informational technology, energy, petrochemical, livestock, tourism and other sectors. I invite the investors of Tatarstan to invest in Pakistan, especially in the Punjab. We will provide them every opportunity.”
The investors of Tatarstan should sit together with the investors of Pakistan and the Punjab, and develop a roadmap for promoting bilateral economic relations. Punjab has vast opportunities of investment due to its strong infrastructure. The investors of Tatarstan should come forward and invest here.
As a result of 54 billion dollars investment under the CPEC, trade and economic activities have been boosted in the region, and it can be helpful in promoting economic relations with Tatarstan and Russian Federation. With the help of gigantic project of CPEC, economic and trade relations of Pakistan can be boosted with the Russian Federation and Tatarstan.
The Chief Minister welcomed the President of Tatarstan and his delegation to Pakistan and Lahore. “The people of Punjab and Pakistan are happy over your visit. Your tour would begin the new era of trade and economic relations between Pakistan and Tatarstan. There is strong economic potential in Tatarstan, and it has good expertise in e-governance, information technology, agriculture and livestock. We want to get benefit from your experience, vision and expertise. Your e-governance model is also impressive. We will benefit from your expertise in the field of IT.”
The CM said the use of IT has been promoted in different departments. The 700 police stations in the Punjab have been inter-connected through the IT. 50000 tablets are being given in primary and middle schools; while lakhs of students get laptops every year on merit and performance.
He said, “Due to energy crisis, the investors are reluctant to invest in the country, and this energy crisis has damaged the national economy. However, the energy crisis is about to end due to sincere efforts of the government.”
Tatarstan is also expert in this field and we can jointly work to promote tourism. Similarly, there is big potential in livestock sector. The Punjab Government has made most-modern slaughter house, and livestock is also being promoted.
Meanwhile, steps have been taken for promotion of halal food. He said that cricket is a popular game in Pakistan, while the game of football is also liked, he said. Tatarstan and Pakistan can also promote cooperation in sports field, and Tatarstan can extend cooperation for promotion of the game of football.
The President of Tatarstan, Rustam Minnikhanov said, in his address, that he was pleased to see the wonderful progress in the Punjab. Punjab is the most developed province of Pakistan and the people are known for their hospitality.
He said that Tatarstan and Pakistan have economic relations which are needed to be further promoted. He said that cooperation with the Punjab Government, in different fields, would be enhanced to work collectively.
The head of Tatarstan’s trade agency, Ms. Taliya Minullina spoke about prospects of cooperation in different fields between Tatarstan and the Punjab Government. Agreement was signed between Lahore Chamber of Commerce and Tatarstan Chamber of Commerce and Industry.
Similarly, MOU was signed for cooperation in IT. VC Punjab Information Technology University, Dr. Umar Saif and the head of Tatarstan Information University also signed the MOU.
Meanwhile, President Rustam Minnikhanov had a meeting with Chief Minister Muhammad Shehbaz Sharif on Saturday and discussed matters of mutual interest including promotion of bilateral relations in different sectors came under discussion.
The president of Tatarstan said that he was happy to visit Lahore, and the two sides should work together to promote bilateral relations.
The meeting also constituted a joint committee to identify different sectors for promoting cooperation between the Government of Punjab and the Republic of Tatarstan.
He also commended the command of Chief Minister Muhammad Shahbaz Sharif on Russian language; and said that it wasa pleasant surprise to observe your command on Russian language.
He said that Lahore has welcomed him with open arms; and we will promote regional cooperation on solid grounds. President of Tatarstan said that it is absolutely incorrect to link terrorism and fanaticism with the religion of Islam.
The President of Tatarstan, while talking to the Chief Minister Shehbaz Sharif, said that they were awaiting your visit to Tatarstan, and it is hoped that important developments would be made for extending cooperation in different sectors during the visit.
Chief Minister Muhammad Shehbaz Sharif said, “We are happy that our brothers have visited us, and your visit would promote relations between the Punjab Government and the Republic of Tatarstan.”
Chief Minister said that he will visit Tatarstan in June. Shahbaz Sharif also spoke in Russian language during his one-on-one and delegation-level meetings with Tatarstan President Rustam Minnikhanov.
The President of Tatarstan and other members of the delegation, commended Chief Minister Shehbaz Sharif’s command over Russian language, and said that they are pleased to see the Chief Minister of largest and fastest developing province of Pakistan speaking fluently in Russian language.