Business news

MINSK, 13 November (BelTA) – OAO Slonim Worsted Spinning Mill will export bulked yarn to Pakistan, Deputy Chairman of the concern Nikolai Rogozhnik told BelTA following the participation in the Belarusian Investment Forum in Istanbul.

“The Slonim spinning factory signed a contract with partners from Pakistan to produce and supply bulked yarn. Under the contract, we will buy Pakistani high-quality nitron. This means we will have mutually beneficial cooperation. We have acceptable terms. The preliminary cost of the pilot batch is $100,000,” Nikolai Rogozhnik said.

In his words, an agreement was reached to launch supplies of Belwest footwear under the contract signed in summer 2015.

“We have agreed with the Ambassador of Belarus to Pakistan to hold a big advertising campaign in Q1 2016. We plan to invite about 80 Pakistani companies to the embassy for a presentation of factories. I believe it will give an additional impetus to the development of trade and economic relations between the two countries,” Nikolai Rogozhnik said.