Russian ambassador to Islamabad, Edward Shevchenko says in view of the changed economic and political situations in Russia and Pakistan there is increasing need that the two countries work for mutual prospects of trade and investment - Asia Pulse reports. He made these remarks at a meeting with the president and Executive Council members of the Sarhad Chamber of Commerce and Industry during his visit to the Chamber House. He said although in the past trade ties between the two countries could not flourish due to geopolitical situation in the region, in view of the fast changing economic and political scenarios both the countries must strive to encourage trade and investment for their mutual benefit. He said the exchange of the delegations comprising members of trade and industry could be of mutual benefit for both the countries and their private sectors. He was of the view that the two countries stood bright prospects of entering into cordial trade and business relationship with each other for which businessmen of the two sides needed to introduce and promote quality products to get their share from the markets. He said his country had initiated several development projects in Pakistan but these could not be completed. He assured the SCCI team that his government would look into SCCI's demand for announcing a favourable visa policy for the Pakistan business community.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.