Pakistan, Russia Sign Protocol to Revive Steel Mills

Moscow: Pakistan and Russia have signed a Protocol to restore and modernize Pakistan

Steel Mills (PSM) in Karachi, reaffirming their long-standing industrial partnership.

The agreement was signed at the Pakistan Embassy in Moscow by Mr. Saif Anjum,

Secretary of Industries and Production of Pakistan, and Mr. Vadim Velichko,

General Director of Industrial Engineering LLC from the Russian side, in the

presence of SAPM Haroon Akhtar Khan and Pakistan’s Ambassador to the Russian

Federation Muhammad Khalid Jamali.

Russian Businessmen visit Pakistan

The project aims to restart and expand steel production, marking a new chapter

in bilateral cooperation.

“Reviving PSM with Russia’s support reflects our shared history and

commitment to a stronger industrial future,” said Mr. Khan.

Originally built with Soviet assistance in 1971, PSM remains a lasting symbol

of Pakistan-Russia ties.