Russia-China first barter trade may come this autumn, sources say
- 08-Aug-2024
Russia and China may begin using barter trading schemes, three trade and payments sources told Reuters, with two expecting deals involving agriculture as soon as this autumn, as Moscow and Beijing try to limit using banking systems monitored by the United States. Bilateral payment delays were high on the agenda when President Vladimir Putin visited […]
PM Shehbaz meets Putin; calls for expanding barter trade
- 03-Jul-2024
ASTANA: Prime Minister (PM) Shehbaz Sharif on Wednesday met with Russian President Vladimir Putin here wherein he emphasised the expansion of bilateral trade between Pakistan and Russia. The prime minister, in his televised opening remarks at the meeting, said the bilateral trade stood at around $1 billion which could be expanded by overcoming the financial […]
Pakistan to kick off barter trade with Iran, Russia and Afghanistan
- 02-Jun-2023
KARACHI: The federal government on Friday notified a ‘Business-to-Business (B2B) Barter Trade Mechanism’ for trade with Iran, Afghanistan, and Russia, ARY News reported. In this connection, a notification was also issued by the Ministry of Commerce, allowing state-owned enterprises and private sector entities to engage both in the import and export of goods. The development […]