Pak-Belarus Trade Ties Strengthened with Key Agreements and MoUs at Business Forum

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    ISLAMABAD: 25 Nov 2025 – Federal Minister for Commerce Jam Kamal Khan underscored the need for enhancing bilateral trade between Pakistan and Belarus through trade diversification, emphasizing the untapped potential in sectors such as food, pharma, textiles, logistics, and energy. Speaking at the Pakistan-Belarus Business Forum alongside Belarusian Minister for Energy Aleksei Kushnarenko, the minister highlighted that the current trade volume does not reflect the economic capabilities of the two countries.
    Prior to the forum, a productive sideline meeting between Jam Kamal Khan and Aleksei Kushnarenko set the tone for the day. During the meeting, the two ministers discussed avenues for bilateral cooperation and agreed to establish working groups for energy and industrial collaboration.
    They also decided to participate in two upcoming events: the FoodAg on Processing conference in Lahore in February 2025 and the Russian Industrial Forum in Belarus in June 2025. Jam Kamal Khan extended a formal invitation to Kushnarenko to attend the FoodAg event.

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    Addressing the forum, Minister Aleksei Kushnarenko emphasized the strong demand for Belarusian products, such as agricultural machinery, industrial goods, and dairy products, in Pakistan. He noted a reciprocal interest in Pakistani light industrial goods and food products in Belarus.
    “The existing cooperation potential allows us to set and achieve ambitious goals for advancing economic, trade, and humanitarian ties between our countries,” Kushnarenko said. He expressed confidence in the forum fostering new joint ventures in trade, industrial production, agriculture, healthcare, and education.
    The forum marked a significant milestone with the signing of eight Memorandums of Understanding (MoUs) and agreements aimed at strengthening bilateral trade. Both ministers witnessed the signing of these documents, which are expected to pave the way for deeper economic ties.

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    The signed agreements include:
    1. Distribution Agreement: A five-year cooperation agreement between JCS Bellakt and Nutrifood & Pharmaceuticals.
    2. Supply Agreement: Cooperation between JSC Minsk Motor Plant and Shahzad Trade Links for product supply in 2025.
    3. Memorandum of Intentions: Between JSC Belshina and Shahzad Trade Links for tire sales in the Pakistani market.
    4. Veterinary Drug Supply Contract: Agreement between JSC BelVitunipharm and Mustafa Brothers.
    5. Logistics Cooperation MoU: Between RUE Beltamozhservice and the National Logistic Corporation.
    6. Pharmaceutical Cooperation MoU: Between RUE Belmedpreparaty and Bio Medical System for pharmacy registration and supply.
    7. Metal Supply Contract: Between JSC Beltsvetmet and Raas International Trading for 2025.
    8. Agricultural Machinery Cooperation MoU: Between JSC Tractor Works and Green Corporate Initiative.

    Jam Kamal Khan lauded the growing relationship between Pakistan and Belarus, citing the complementarity of their economies. He emphasized the need to reduce tariff and non-tariff barriers to enable meaningful market access. “This forum reflects the shared commitment to advancing our trade and investment ties,” he said.
    The minister also highlighted the longstanding diplomatic relationship between the two countries, including high-level visits and mutual participation in international forums such as the Shanghai Cooperation Organization (SCO).
    Kamal acknowledged Belarusian tractors as a household name in Pakistan, symbolizing durability and strength. He called for expanding this cooperation to other sectors, including agricultural machinery and the automotive industry. Furthermore, he highlighted Pakistan’s potential as a trade and transit hub, given its large population and rich natural resources.
    With the signing of these agreements and the discussions at the business forum, both sides expressed optimism about achieving new heights in bilateral trade and investment. The ministers reiterated their commitment to sustaining the momentum by exploring additional opportunities and overcoming existing challenges.
    This forum marks another step forward in the journey of strengthening Pak-Belarus ties, showcasing a mutual vision for economic growth and regional connectivity.

    Pakistan in the World – October 2024

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