The two parties discussed the prospective Azerbaijan-Pakistan strategic partnerships in economy.
Azerbaijan Plans to Invest $2b in Pakistan. The federal minister for board of investment, privatization and communications, Abdul Aleem Khan recently met with Azerbaijan Prime Minister Ali Asadov in Baku to discuss matters of mutual interest and the upcoming visit of Prime Minister Muhammad Shehbaz Sharif to Central Asian nations.
Abdul Aleem Khan mentioned during the meeting that a lot of investment potential exists in Pakistan, especially regarding the privatization of state-owned enterprises. He invited Azerbaijan to invest in Pakistan’s motorway infrastructure and other key sectors, ensuring that all possible cooperation would be extended to facilitate investment from Azerbaijan.
Prime Minister Ali Asadov thanked the federal minister and the Pakistan delegation and remarked that this brotherly country-relationship will still be intensified in the coming days ahead.
He wished to welcome current developments in numerous sectors of the country of Pakistan and stated himself ready to lend his hand as an accelerator toward more investments, mutual cooperation and exchange between countries.
The two parties discussed the prospective Azerbaijan-Pakistan strategic partnerships in economy, trade, investment, and other domains, and checked the progress concerning various Memorandums of Understanding (MoUs) between the two countries.
Sessions were held between the Pakistani delegation, led by Abdul Aleem Khan, and ministers of investment, transport, energy, and economy, who discussed issues on trade and investments between Pakistan and Azerbaijan.
They also discussed investment opportunities in various fields, such as motorways in Pakistan, and examined the privatization of state-owned enterprises and other investment-related matters. Consequently, agreements to invest $2 billion in Pakistan are likely to be inked with Azerbaijan, which will strengthen economic cooperation between the two nations.
