Pakistan, Russia strengthen ties with new railway service

News Image

MG News | June 12, 2025 at 02:44 PM GMT+05:00

June 12, 2025 (MLN): Pakistan and Russia declared that railway services between the two countries would begin from June 22, marking a new chapter in bilateral cooperation.

Russia is also planning to invest in the restructuring of Pakistan Steel Mills, expanding its economic footprint in the country.

The declaration was made by Railways Minister Hanif Abbasi during a press conference at the office of the Divisional Superintendent of Railways.

He also noted that a Memorandum of Understanding (MoU) had been signed with the Punjab Information Technology Board as part of the department’s digitalization efforts.

The minister shared that approximately 200 carriages are currently under preparation and are expected to be finalized for mainstream use by 2027, according to the press release.

Since taking office, the ministry has prioritized improvements in three critical areas: punctuality, quality food provision, and cleanliness both at stations and inside coaches.

The MoU, he said, will support the introduction of digital systems, including the provision of free WiFi service across all train services.

Addressing broader modernization and sustainability goals, Abbasi highlighted an agreement with the Forest Department for planting fruit trees along railway tracks.

He emphasized that the MoU with the Punjab IT Board aligns with the prime minister's vision of a digitally connected and efficient railway system.

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,953.71
137.85M
-0.89%
-1525.24
ALLSHR 101,913.00
653.00M
-0.95%
-972.54
KSE30 50,350.49
53.41M
-1.04%
-527.12
KMI30 241,458.68
47.12M
-1.01%
-2459.18
KMIALLSHR 66,152.24
285.01M
-0.89%
-591.11
BKTi 45,807.84
15.71M
-1.10%
-509.63
OGTi 34,908.25
5.34M
-0.88%
-310.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,755.00 64,325.00
59,600.00
3240.00
5.35%
BRENT CRUDE 94.35 98.08
93.64
1.26
1.35%
RICHARDS BAY COAL MONTHLY 125.00 125.25
125.00
2.60
2.12%
ROTTERDAM COAL MONTHLY 137.00 138.05
137.00
3.00
2.24%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 91.12 95.47
90.39
0.58
0.64%
SUGAR #11 WORLD 14.24 14.36
14.15
0.10
0.71%

Chart of the Day


Latest News
June 08, 2026 at 07:02 PM GMT+05:00

Pakistan, Mauritius move to boost trade, investment


June 08, 2026 at 06:45 PM GMT+05:00

EVs take centre stage as Pakistan reviews auto policy


June 08, 2026 at 06:32 PM GMT+05:00

South Korea stocks plunge 8%


June 08, 2026 at 06:30 PM GMT+05:00

World Bank to inject $100m into Punjab's housing scheme


June 08, 2026 at 06:03 PM GMT+05:00

China, Pakistan partner on high-yield tomato varieties



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg