Pakistan And Azerbaijan On Thursday, 15 cooperation agreements and memoranda of understanding were signed in various fields while trade projects worth two billion dollars were considered.
The agreements and memorandums of understanding were exchanged at a ceremony in Islamabad, attended by Prime Minister Mohammad Shahbaz Sharif and President of Azerbaijan Ilham Aliyev.
Consular Affairs, Transit Trade, Priority in these Treaties and Memoranda Businessprivatization of state property, law and justice, mineral resources and geology, cultural exchange programs, cooperation in information technology and telecommunications, television production, scientific and technical cooperation, tourism, air services, twinning of Baku and Islamabad. Includes grading, small and medium businesses, literature and science.
On the other hand, Pakistan and Azerbaijan have also discussed increasing the investment of two billion dollars in the fields of mutually beneficial projects.
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Addressing a joint press stakeout in Islamabad on Thursday evening, Prime Minister Shehbaz Sharif said that the teams of the two countries will discuss the matter further on Friday and it is hoped that the two countries will reach an agreement during their upcoming visit to Azerbaijan. Will be ready to sign.
He said that Pakistan and Azerbaijan have immense potential for investment of billions of dollars in the coming years.
Shahbaz Sharif said that the two countries have also agreed to increase bilateral trade.
The Pakistani Prime Minister said that Pakistan has always supported Azerbaijan’s position on Nagorno-Karabakh, while Azerbaijan has supported the same on the issue of Kashmiris, who are seeking their right to self-determination in accordance with the resolutions of the United Nations Security Council. Great sacrifices have been made.
The Prime Minister also expressed his best wishes for the President of Azerbaijan and its people. Azerbaijan is all set to host the Copa 29 in its city of Baku. It will be an important international event for all developing countries including Pakistan.
Speaking on the occasion, President of Azerbaijan Ilham Aliyev said that his country is looking forward to establishing a strong partnership with Pakistan at the economic and trade level.
He expressed satisfaction with the current level of political relations between the two countries and said that we will increase our bilateral trade volume.
“We have identified nine initial priority areas for preferential trade and discussed several projects in the fields of energy infrastructure and defense industry,” President Ilham Aliyev said.
He said that we are now engaged in practical elements of cooperation like trade, energy, investment and transport corridors.
Both countries also agreed to increase flights between Baku and Pakistan.
Prime Minister Shehbaz Sharif thanked Azeri President for the decision to export duty-free Pakistani rice to Azerbaijan.
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2024-07-13 03:55:40