Russia agrees to advance bilateral technology cooperation
ISLAMABAD: Pakistan and Russia have agreed to advance bilateral technology cooperation from dialogue to practical business engagement by exploring opportunities for direct company-to-company partnerships, joint ventures, investment and commercial agreements across emerging technology sectors. The two countries also pledged to strengthen their technology partnership by bringing leading companies…
Pakistan and Russia have reached an agreement to advance technology cooperation beyond dialogue to practical business engagement. The two countries aim to explore opportunities for direct company-to-company partnerships, joint ventures, investments, and commercial agreements in emerging technology sectors. Organized by the Pakistan Software Export Board (PSEB) and the University of World Civilizations Moscow (UWCM), the Pakistan–Russia IT Collaboration Webinar focused on building technology partnerships, market access, and joint solutions.
The event brought together leading companies and industry associations from both nations to discuss six key areas of complementarity: AI and cloud computing, cyber-security, digital governance, IT trade, workforce exchange, and quantum computing. Federal Minister for Planning, Development & Special Initiatives Ahsan Iqbal highlighted Pakistan's growing IT talent pool and the country's ambition to become a one-trillion-dollar economy by 2035 through URAAN Pakistan.
He emphasized the need for Pakistan and Russia to move beyond conventional cooperation towards technology-driven partnerships and joint ventures. Russian Deputy Minister of Digital Development, Communications and Mass Media Bella Cherkesova addressed the Russian side, covering policy, investment, and emerging technologies. Faisal Jeddy, CEO of PSEB, presented Pakistan's IT capabilities and a framework for commercial engagement, emphasizing the importance of translating dialogue into tangible economic outcomes through increased trade, investment, innovation, and employment opportunities.
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