Azerbaijan and Pakistan have spoken about increasing their two billion dollar investments in projects that will benefit both countries.
Speaking at a joint press stake-out in Islamabad this evening, Prime Minister Shehbaz Sharif stated that delegations from both nations will continue to discuss this issue tomorrow and that, ideally, both nations will be prepared to sign an agreement when he next travels to Azerbaijan.
He claimed that in the years to come, Pakistan and Azerbaijan would have enormous investment possibilities worth billions of dollars. He noted that improving bilateral trade has also been agreed upon by the two nations.
According to Shehbaz Sharif, Pakistan has always backed Azerbaijan’s position on Nagorno-Karabakh, while the latter has done the same for the Kashmiri cause.
As the nation gets ready to host the COP29 in Baku, the prime minister also sent his warmest wishes to the president and people of Azerbaijan. For all developing nations, including Pakistan, it will be a momentous international occasion.
He expressed confidence that COP29 will address climate change-related concerns for poor nations like Pakistan under your direction.
Speaking at the event, the president of Azerbaijan stated that his nation hopes to forge a solid commercial and economic alliance with Pakistan.
He declared that he was pleased with the current state of political relations between the two nations and that more trade will be conducted bilaterally.
We have determined nine first priority areas for preferential trade, stated the president of Azerbaijan.
He mentioned that we had talked about a number of initiatives pertaining to the defence sector and energy infrastructure.
Shehbaz Sharif’s visit to Azerbaijan last year was hailed as a breakthrough by Aliyev, noting that the two nations had always supported and collaborated with one another.
He stated that we are currently working on real-world cooperative projects including energy, trade, investment, and transportation corridors.
