Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Russia ready to export Superjets and road & building equipment to Iraq

byCT Report
12/02/2016
in Latest News
Share on FacebookShare on Twitter

MOSCOW: Russia is ready to export SSJ-100 aircraft (Sukhoi Superjet 100) as well as other equipment to Iraq, Russian Deputy Minister of Economic Development Alexander Tsybulsky told journalists here the other day.

He said that the Iraqi side had shown interest in the proposals, which the Russian side had submitted to its Iraqi partners at negotiations held prior to a meeting of the bilateral inter-governmental commission in Baghdad.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

Pakistan returns to global markets with $500m Eurobond after four years

18/04/2026

“We offered the Superjet and another two advanced planes MS-21 and Tu-204…On the whole, we saw [Iraq’s] interest in those products. But it is certainly premature to speak about concrete delivery volumes,” Tsybulsky said.

According to him, Russia came up with a package of concrete projects. “We saw that our partners were interested in obtaining road and construction equipment as well as building materials. They also want to attract Russian contractors to construction sites in the territory of Iraq,” the Russian deputy minister of economic development said.

Iraq also wants to learn Russia’s privatization experience.

“We have learnt and our colleagues have confirmed that Iraq is planning a serious campaign to privatize its state property. The Iraqis have asked us to share the Russian experience with them. They understand that along with positive experience we also made some mistakes during the process. We agreed on a possibility to attract potential investors to these privatization projects,” Tsybulsky said adding that for the moment the proposal was just a good idea.

Touching upon bilateral cooperation, the Russian deputy minister of economic development said that the Russian-Iraqi trade had reached almost $2 billion in 2015 compared to $1.7 billion in 2014. “We hope it’s not going to fall [in 2016],” Tsybulsky concluded.

The Russian delegation led by Vice-Premier Dmitry Rogozin is staying in Baghdad to meet Iraqi leaders and attend a meeting of the Russian-Iraqi inter-governmental commission on February 11 for the first time since 2008.

Dozens of Russian businessmen have arrived in Baghdad together with government officials.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

Pakistan returns to global markets with $500m Eurobond after four years

byCT Report
18/04/2026

ISLAMABAD: Pakistan has re-entered the international financial market after a gap of four years by successfully issuing a $500 million...

Faisalabad Customs promotes EFS to boost efficiency: Collector Dr. Rizwan Basharat

byCT Report
18/04/2026

FAISALABAD: Officials from Pakistan Customs have urged exporters to fully utilise the Export Facilitation Scheme (EFS), highlighting that businesses at...

Aurangzeb advance economic diplomacy, engages global partners in Washington

byCT Report
18/04/2026

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

Next Post

Russia's debt collectors bring back brutality of the 1990s

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.