Pakistan and Azerbaijan committed to swiftly completing a framework for Azerbaijani investments in Pakistan, opening a new chapter in economic ties.
The agreement targets up to $2 billion in funding for priority sectors of Pakistan’s economy.
Deputy Prime Minister and Foreign Minister Ishaq Dar discussed this with Azerbaijan’s Economy Minister Mikayil Jabbarov over a phone call, per the Foreign Ministry’s X post. Both sides pledged to accelerate investment processes for seamless capital inflow.
Broader Cooperation Goals
The leaders voiced satisfaction with existing relations and vowed deeper collaboration via ongoing high-level talks. Dar stressed leadership engagements’ role in advancing mutual interests.
Though specific sectors remain unnamed, Pakistan seeks foreign capital in energy, minerals, infrastructure, transport, and industry. Azerbaijan, a key energy exporter with regional ambitions, eyes South Asian expansion.
