Pakistan, Russia sign agreement to upgrade railways

MoU aims to explore opportunities for implementing Railways upgrade projects and other initiatives within this crucial sector

By APP
June 08, 2024
Policemen walk along trains stationed on a deserted platform at Karachi Cantonment railway station. — AFP/File
Policemen walk along trains stationed on a deserted platform at Karachi Cantonment railway station. — AFP/File

ISLAMABAD: Pakistan and Russia signed a Memorandum of Understanding (MoU) on cooperation in Railway sector on Friday on the sidelines of 27th St Petersburg International Economic Forum (SPIEF).

The MoU aims to explore opportunities for implementing Railways upgrade projects and other initiatives within this crucial sector.

According to a press release issued by the Ministry of Railways, the MoU also established a framework for potential future collaboration with relevant companies operating in this sector.

Furthermore, it seeks to enhance and streamline international cargo transport.

The MoU was signed by Ambassador Muhammad Khalid Jamali from Pakistan side and Deputy Transport Minister DS Zverev from the Russian side.