Belarus and Pakistan have all possibilities to achieve a trade of $1 billion by 2020.
Directions and prospects of cooperation were discussed at the February 2 meeting of the Belarus President with the chairman of the Senate of the Pakistan Parliament.
The countries have developed friendly relations, established strong political connections, and now it's time to increase mutual trade.
Moreover, interaction should be established in all areas. Here a big role can be played by the parliaments of the two countries. Belarus and Pakistan have agree to act in accordance with a road map in the short and medium term.
Alexander Lukashenko, President of Belarus:
Knowing the role played by parliaments in both countries, I want to ask you to take control over the execution of the road map according to which we have agreed to act in the medium and short term. We have agreed that by 2020 we would reach the level of $1 billion in trade between the two countries. Real opportunities exist for this. We can even exceed this level. We should not merely make declarations, but strive for this level, indicating not only the specific areas of cooperation, but indicating the exact volumes of products that we can supply to our markets mutually. You know our capabilities, we don't have forbidden topics. We can cooperate with you in all directions. Today we have almost no differences, but we must begin to act. For my part, we will support this cooperation, I promise you.
Mian Raza Rabbani, Chairman of the Senate of the Parliament of Pakistan:
I am confident that the relations and cooperation between Belarus and Pakistan will be further developed and strengthened. In the short time, we have signed more than 70 agreements. In various fields: from economy to military-technical cooperation.
Pakistan is the sixth most populous country in the world. For Belarus this is a market of almost 200 million people.
Diplomatic relations between the two countries were established more than 20 years ago. Since 2014, the bilateral relations have seen a significant leap, immediately after the opening of Belarus embassy in Islamabad.
Belarus exports to Pakistan tractors, potash fertilizers, tires and baby food and imports rice, food products and textiles.