Trade and Economic Relations of the Republic of Belarus and the Islamic Republic of Pakistan

In recent years, the volume of trade between the Republic of Belarus and the Islamic Republic of Pakistan ranges from 50 to 65 million dollars annually.

Effective mechanisms of bilateral cooperation have been established and include:

  • Joint Belarusian-Pakistani Commission on Trade and Economic Cooperation (five meetings were held);
  • Joint Belarusian-Pakistani Commission on Cooperation in Science and Technology (four meetings were held);
  • Joint Belarusian-Pakistani Commission on Military-Technical Cooperation (the third meeting was held from March 29 to April 2, 2021 in Minsk);
  • Belarusian-Pakistani Business Council (on April 12, 2021 was the fourth meeting in online format, on October 5, 2021 in Minsk was the fifth meeting);
  • Joint Belarusian-Pakistani Working Group on Agriculture (the fifth meeting was held on July 28, 2021 in online format);
  • Joint Working Group on Industrial Cooperation (the third meeting was held on June 8, 2021 in online format);
  • Joint working group on cooperation in the field of health and pharmaceuticals (the first meeting was held in December 2020 in online format).

Belarus exports to Pakistan tractors and spare parts for them, trucks, potash fertilizers, synthetic yarns and synthetic fibers, tires, machine tools, polycarboxylic acids (phthalic anhydride), newsprint, baby food (dry mixes).

Pakistan exports to Belarus rice, vegetables, fruits and other food products, products from leather, fabrics, textiles, sports equipment, surgical instruments and manicure sets.

According to the results in January-August  2021, trade with Pakistan amounted to $ 53.2 million. The export of Belarusian goods amounted to $ 44.3 million, imports – $ 8.9 million. The bilateral trade balance is positive for Belarus ($ 35.3 million).

The cooperation between the business circles of Belarus and Pakistan is structured within the framework of the Joint Belarus-Pakistani Business Council established by the Belarusian Chamber of Commerce and Industry and the Federation of Pakistan Chambers of Commerce and Industry.

As part of the highest-level visits, four Belarusian-Pakistani business and investment forums were held: in May and November 2015 in Islamabad, in August 2015 in Minsk, in October 2016 in Islamabad.

On March 27 – 31, 2017, a Pakistani textile delegation headed by the Federal Secretary of the Ministry of Textile Industry of Pakistan and the Minister of Industry and Trade of the Pakistani Province of Punjab visited the Republic of Belarus. Within the framework of this visit, the first Belarus-Pakistani textile forum was held in Minsk.

The first Belarusian-Pakistani Agricultural Forum was held on April 11, 2017 in Islamabad. In March 2016 and November 2017, exhibitions of tasting Belarusian dairy and meat products were held in Islamabad.

On December 2 – 7, 2018, representatives of the Ministry of Agriculture and Food of the Republic of Belarus and the National Academy of Sciences of Belarus visited Pakistan.

On June 1 – 3, 2021 A.Gufran, the Federal Secretary of the Ministry of National Food Security and Research of Pakistan, and a delegation of the Pakistani businessmen visited Belarus to participate in the international agricultural exhibition “BelAgro-2021”.

In February 2019, a Belarusian industrial delegation headed by the Deputy Minister of Industry visited Pakistan.

On September 26 – 28, 2019 representatives of the leading Belarusian industrial enterprises and organizations of the NAS of Belarus and the State Committee for Science and Technology, under the auspices of the National Center for Marketing, took part in the international industrial exhibition IEMA-2019 and opened the National Stand of the Republic of Belarus.

An important result was the delivery of the first mining dump truck of OJSC BELAZ with a carrying capacity of 45 tons to the Pakistani company Greaves Pakistan Pvt Ltd.

At the same time Belarus-Pakistan Business Forum also took place on the sidelines of IEMA 2019. At the business forum, Belarus' leading industrial enterprises and scientific institutions presented their brands and hold talks on ways to enhance cooperation between the two countries, common interests and joint projects.




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