Karachi: The launch of direct shipping service between Pakistan and Russia by the end of this month will enable immediate access of Pakistani products to the Russian market for which payments will be made in Chinese currency Yuan through local banking channels.
In this regard, CEO of Pak Shaheen Private Limited Abdullah Qaiser told Express that under the agreement between Pak Shaheen Limited and Russian Express Liner Service “Nicoline”, the first ship named MV Crystal ST Petersburg from Russia will depart on May 25 in Karachi. will anchor at the port of
He said that with the start of direct shipping service between Pakistan and Russia, it will be possible to take advantage of the opportunities available to increase mutual trade between the two countries and there is a possibility of benefiting the industries of Pakistani products. Exporters who were sending their products to Russia through transshipment will benefit from this direct shipping service and their exports will increase.
He said that it takes a lot of time to deliver Pakistani products to the Russian market, which benefits other competing countries. He said that Pakistani fruits used to take a long time of more than 50 days to reach the Russian market through a third country, but now through direct shipping service, export consignments from Pakistan will reach in 19 to 24 days.
Abdullah Qaiser further said that there is a huge demand in Russia for various products of Pakistan which until now were reaching the Russian markets with delay through a third country. Direct delivery will increase the competitiveness of Pakistani products in the Russian market.
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