Joint ventures for local assembly of Belarusian tractors soon

Pakistan and Belarus have decided to start assembling Belarusian tractors locally through joint ventures to promote trade and industrial cooperation. On Thursday, the 5th session of the Pakistan-Belarus Joint Working Group on Industrial Cooperation held at the Engineering Development Board (EDB) noted that local companies were interested in JVs, mainly in the auto and heavy machinery sector. The meeting focused on possibilities to enhance industrial cooperation for assembling and manufacturing Belarus tractors, 12 to 18-meter electric buses, agricultural machinery and oil transformers. The other areas of cooperation include coal mining, gold and silver mining, concrete production, and iron ore extraction machinery in Pakistan.