Belarus is also exporting Potassic Fertilizers, Agriculture, Synthetic Filament Tow, Chemicals, and malt extract to Pakistan
The trade turnover between Belarus and Pakistan ranges from $30 to $115 million annually, approximately $60 million on average, according to Andrei METELITSA, Ambassador of Belarus to Pakistan.
The Ambassador of Belarus said that Pakistan and Belarus are geographically important countries in South Asia and Eastern Europe, and trade relations between them are being developed.
The envoy said that the trade between Pakistan and Belarus is high-value engineering goods, especially tractors and trucks, and along with this, Belarus is also exporting Potassic Fertilizers, Agriculture, Synthetic Filament Tow, Chemicals, and malt extract to Pakistan.
Along with this, House Linens, textiles, rice, Citrus, leather apparel, leather footwear and medical instruments from Pakistan.
In response to a question, he said that talks about a Free Trade Agreement or Preferential Trade Agreement between Pakistan and Belarus negotiation have not started yet, but there are possibilities in this regard.
The Ambassador said that Belarus has a well-developed industrial sector, which accounts for around 30% of the country’s GDP.
The Ambassador said Some of its main industries are tractors and other agricultural machinery, automotive industry, chemical and petrochemical industries, pharmaceutical, biotechnological, timber and woodworking industries, and production of milk and meat.
Ambassador said Our country produces tractors, regular trucks and heavy mining dump trucks “BELAZ”, electric buses and trolleybuses, household appliances “ATLANT” and “GEFEST”, X-ray equipment for security and healthcare purposes by “ADANI”, baby food “Belact”, flax fabrics, chemicals and petrochemicals, timber, amino acids, and gluten, pharmaceutical, biotechnological and other products.
The Ambassador expressed the possibility that the President of Belarus, Aleksandr Lukashenko will visit Pakistan soon and during this time trade and economic agreements will be started in both countries and talks will be started in several sectors, which will further increase the economic relations between the two countries.
The envoy said the Embassy of Belarus is ready to cooperate with the Islamabad Chamber of Commerce in identifying Belarusian and Pakistani businessmen with a coinciding interest and connecting them.
On this occasion, President Islamabad Chamber of Commerce and Industry, Ahsan Zafar Bakhtawari said that Belarus is an important country in Eastern Europe with which Pakistan’s free trade agreement is inevitable and it will increase trade between the two countries.