Pakistan in talks with Russia on importing oil on deferred payment: Report

Pakistan is in talks with Russia on the possibility of importing oil on deferred payment, according to a media report on Sunday.

Prime Minister Shehbaz Sharif had three meetings with Russian President Vladimir Putin on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Uzbekistan’s Samarkand city, which concluded last week, the Express Tribune newspaper reported quoting a top government official.

“One was formal and the rest were informal,” said the official, who was part of the prime minister’s delegation.

“What we have discussed during the recent interaction with the Russian side is the possibility of importing oil on deferred payment,” the official said, adding that Moscow has shown inclination to consider the proposal.

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