Russia, Pakistan Agree To Boost Investment, Trade

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Russia and Pakistan on Thursday agreed to boost investment, trade and undertake joint projects especially in the areas of energy, agriculture, infrastructure development and metal industry. In a joint statement issued following the meeting between Russian President Dmitry Medvedev and his visiting Pakistani counterpart Asif Ali Zardari in Kremlin, the two leaders agreed that improved collaboration would help foster strong bilateral ties based on common interests and respect. Both sides hailed the signing of the deal between Moscow and Islamabad on Air Transport plus the Memorandum of Understanding between the Ministry of Energy of the Russian Federation and the Ministry of Petroleum and Natural Resources of Pakistan to enhance cooperation in energy and agriculture sectors.