US EditionPakistan, Russia Sign Protocol to Revive PSM
MOSCOW, RUSSIA, JUL 10 – Russia and Pakistan agreed to expand cooperation in defense, trade, and energy, including reviving a steel plant and aiming to increase bilateral trade beyond $1 billion, officials said.
- On May 13, 2025, Pakistan and Russia finalized a deal to build a steel manufacturing facility in Karachi, marking a step forward in their industrial collaboration.
- This agreement builds on decades of complex relations, including Soviet-era offers of technical aid to Pakistan and recent efforts to improve bilateral ties amid regional mistrust.
- Recent engagements include Russian Deputy Prime Minister Alexei Overchuk’s visits to Pakistan in 2024 and meetings with Pakistani officials in 2025, alongside plans for a pilot cargo train to launch in August 2025.
- Bilateral trade reached a record $1 billion in 2023, Overchuk called the two countries “natural allies,” and President Putin described Pakistan as a key partner in regional economy and energy.
- The agreement signals Pakistan’s prioritization of relations with Russia and may reflect a cautious shift in regional dynamics, though longstanding mistrust and India-Russia ties remain influential factors.
24 Articles
24 Articles
Russia calls Pakistan key regional partner
ISLAMABAD Russian Deputy Prime Minister Alexei Overchuk has stated that Pakistan and Russia are "natural allies" and that President Putin considers Pakistan as an important partner in the growth and development of economy and energy in the region. Overchuk expressed these views on Thursday in a meeting with a high-powered Pakistani delegation led by Special Assistant to the Prime Minister (SAPM) on Foreign Affairs Syed Tariq Fatemi in Moscow. SA…
Pakistan-Russia freight train expected to be launched in August
Russian Deputy Prime Minister Alexei Overchuk meets Pakistan's Special Assistant to the Prime Minister on Foreign Affairs, Tariq Fatemi , and SAPM on Industries and Production, Haroon Akhtar Khan , in Moscow, Russia, on July 9, 2025. — X/@ForeignOfficePkA high-level Pakistani delegation,...
Russia calls Pakistan ‘natural ally’ in energy and economy, eyes
ISLAMABAD: A top Russian official on Thursday described Pakistan as an “important partner” in the region’s economic and energy development and called the two countries “natural allies” during a meeting in Moscow, according to an official statement issued by the foreign office in Islamabad. The remarks were made by Russian Deputy Prime Minister Alexei Overchuk during an
Pakistan and Russia Sign Protocol to Restore Pakistan Steel Mills
Pakistan and Russia have reached a historic deal to bring back to life the long-closed Pakistan Steel Mills (PSM) in Karachi. This agreement marks a new chapter in the old industrial ties between the two countries. The Pakistan Steel Mills was originally set up in 1973 with help from the former Soviet Union and was once the backbone of the country’s steel industry. However, the mill has not been working since 2015, leaving thousands of workers j…
Pakistan and Russia Sign Protocol to Revive and Modernize Pakistan Steel Mills
Moscow: Pakistan and Russia have signed a protocol for the revival and modernisation of the Pakistan Steel Mills, located in Karachi. The agreement was finalised at the Embassy of Pakistan in Moscow, where Saif Anjum, Secretary of the Ministry of Industries and Production, signed on behalf of Pakistan. While Vadim Velichko, General Director of Industrial Engineering LLC, represented Russia. The signing ceremony was attended by Haroon Akhtar Khan…
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