ISLAMABAD: Pakistani Energy Minister Awais Leghari has said that Russia and Pakistan are set to be linked by a freight train line next year as bilateral talks expand between the two countries.
The statement comes months after Pakistan’s ambassador to Moscow, Muhammad Khalid Jamali, expressed Islamabad’s readiness to join the International North-South Transport Corridor (INSTC), a 7,200-kilometer route connecting Russia and Central Asia with India via Iran, at the International IT Forum in Khanty-Mansiysk.
In an interview with Russian broadcaster RT this week, Leghari said the initiative would mark an important milestone in enhancing connectivity between Pakistan and Russia.
“As early as March next year, the first South-North train trial run will transport goods from Russia to Pakistan via Iran and Azerbaijan,” he told the broadcaster.
Leghari said talks were also ongoing between Moscow and Islamabad regarding the establishment of direct air service between the two countries.
“We are looking at these three or four major initiatives,” he said. “We are looking at linkage of Pakistan and Russia through airline services, the aviation sector, that makes it easier for our people to interact with each other, businesses to flourish and interact and communicate with each other.”
Pakistan and Russia, once Cold War rivals, have warmed up to each other in recent years through regular business and trade interactions as Islamabad seeks to enhance its role as a transit hub for landlocked economies in Central Asia.
Both countries this week signed eight memorandums of understanding (MoUs) in the fields of health, trade and education, the Pakistani energy ministry said, amid Islamabad’s efforts to boost foreign investment and enhance cooperation to stabilize its fragile economy.
The agreements were signed during the 9th Inter-Governmental Commission meeting in Moscow between Pakistan and Russia, with Leghari leading the Pakistani side at the talks to explore bilateral trade options.
Islamabad’s ties with Russia also saw significant improvement last year after Pakistan started purchasing Russian crude oil at a discount. Geopolitical tensions triggered fuel prices to more than double in Pakistan last year, forcing the country to opt for cheaper sources of fuel.
In 2023, Pakistan’s bilateral trade with Russia reached $1 billion. This was an increase from 2022, when Russia exported $505 million to Pakistan and Pakistan exported $75.8 million to Russia.
Islamabad says Russia and Pakistan to launch freight train service next year
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Islamabad says Russia and Pakistan to launch freight train service next year
- Awais Leghari says the North-South freight train service will connect Pakistan to Russia via Iran and Azerbaijan
- Cold War rivals Pakistan, Russia have warmed up to each other in recent years through regular interactions
EU, Pakistan sign €60 million loan agreement for clean drinking water in Karachi
- Project will finance rehabilitation, construction of water treatment facilities in Karachi city, says European Investment Bank
- As per a report in 2023, 90 percent of water samples collected from various places in city was deemed unfit for drinking
ISLAMABAD: The European Investment Bank (EIB) and Pakistan’s government on Wednesday signed a €60 million loan agreement, the first between the two sides in a decade, to support the delivery of clean drinking water in Karachi, the EU said in a statement.
The Karachi Water Infrastructure Framework, approved in August this year by the EIB, will finance the rehabilitation and construction of water treatment facilities in Pakistan’s most populous city of Karachi to increase safe water supply and improve water security.
The agreement was signed between the two sides at the sidelines of the 15th Pak-EU Joint Commission in Brussels, state broadcaster Radio Pakistan reported.
“Today, the @EIB signed its first loan agreement with Pakistan in a decade: a €60 million loan supporting the delivery of clean drinking water for #Karachi,” the EU said on social media platform X.
Radio Pakistan said the agreement reflects Pakistan’s commitment to modernize essential urban services and promote climate-resilient infrastructure.
“The declaration demonstrates the continued momentum in Pakistan-EU cooperation and highlights shared priorities in sustainable development, public service delivery, and climate and environmental resilience,” it said.
Karachi has a chronic clean drinking water problem. As per a Karachi Water and Sewerage Corporation (KWSC) study conducted in 2023, 90 percent of water from samples collected from various places in the city was deemed unsafe for drinking purposes, contaminated with E. coli, coliform bacteria, and other harmful pathogens.
The problem has forced most residents of the city to get their water through drilled motor-operated wells (known as ‘bores’), even as groundwater in the coastal city tends to be salty and unfit for human consumption.
Other options for residents include either buying unfiltered water from private water tanker operators, who fill up at a network of legal and illegal water hydrants across the city, or buying it from reverse osmosis plants that they visit to fill up bottles or have delivered to their homes.
The EU provides Pakistan about €100 million annually in grants for development and cooperation. This includes efforts to achieve green inclusive growth, increase education and employment skills, promote good governance, human rights, rule of law and ensure sustainable management of natural resources.
